Montana Code 37-54-305. Issuance and display of certificate
37-54-305. Issuance and display of certificate. (1) The board shall issue a certificate and a pocket card to a person who meets the requirements of 37-54-302 and 37-54-303.
Terms Used In Montana Code 37-54-305
- Appraisal: A determination of property value.
- Appraisal: means the practice of developing an opinion of the value of real property in conformance with the uniform standards of professional appraisal practice as developed by the appraisal foundation. See Montana Code 37-54-102
- Appraiser: means an individual who holds a license or certification to complete an appraisal assignment in the state where the real property that is the subject of the appraisal assignment is located. See Montana Code 37-54-102
- Board: means the board of real estate appraisers provided for in 2-15-1758. See Montana Code 37-54-102
- Certified real estate appraiser: means a person who develops and communicates real estate appraisals and who has a valid real estate appraisal certificate issued under 37-54-305. See Montana Code 37-54-102
- Contract: A legal written agreement that becomes binding when signed.
- Person: means an individual, firm, partnership, association, corporation, or other business entity. See Montana Code 37-54-102
(2)The certificate must include the dates of issuance and renewal of certification.
(3)A certified real estate appraiser shall conspicuously display the certificate in the appraiser’s principal place of business.
(4)A certified real estate appraiser shall designate the class for which the appraiser is certified and place the certificate number on each appraisal report, contract, or other instrument that the appraiser uses in conducting real estate appraisal activities.