Maine Revised Statutes Title 32 Sec. 14003 – License required
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Terms Used In Maine Revised Statutes Title 32 Sec. 14003
- Appraisal: A determination of property value.
- Appraisal: means an analysis, opinion or conclusion prepared by a real estate appraiser related to the nature, quality, value or utility of specified interests in, or aspects of, identified real property. See Maine Revised Statutes Title 32 Sec. 14002
- Real estate: means an identified parcel of land, including improvements, if any. See Maine Revised Statutes Title 32 Sec. 14002
Except as provided in section 14004, it is unlawful for a person to prepare, for a fee or other valuable consideration, an appraisal or appraisal report relating to real estate or real property in this State without first obtaining a real estate appraisal license. Only an individual may be licensed under this chapter. This section does not apply to individuals who do not render significant professional assistance in arriving at a real estate appraisal analysis, opinion or conclusion. Nothing in this chapter prohibits any person who is licensed to practice in this State under any other law from engaging in the practice for which that person is licensed. [PL 2007, c. 402, Pt. GG, §1 (AMD).]
SECTION HISTORY
PL 1999, c. 185, §5 (NEW). PL 2007, c. 402, Pt. GG, §1 (AMD).