Terms Used In Indiana Code 25-34.1-11-8

  • appraisal: has the meaning set forth in Indiana Code 25-34.1-11-1
  • Appraisal: A determination of property value.
  • appraisal management company: means a person that, for compensation, acts as a third party intermediary by contracting with independent real estate appraisers to perform appraisals for other persons. See Indiana Code 25-34.1-11-2
  • board: refers to the real estate appraiser licensure and certification board established by Indiana Code 25-34.1-11-4
   Sec. 8. An appraisal management company may not perform appraisal management services unless the appraisal management company has obtained a certificate of registration from the board under this chapter.

As added by P.L.77-2010, SEC.2.