This chapter shall not apply to any of the following:
 1. A person that exclusively employs appraisers on an employer and employee basis for the performance of appraisals.

Terms Used In Iowa Code 543E.5

  • Appraisal: A determination of property value.
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
 2. A government body, as defined in section 22.1, subsection 1, that performs appraisals or retains appraisers on behalf of the government body.
 3. A federally regulated appraisal management company.
 4. A department or division of an entity that provides appraisal management services only to that entity.