2006 New York Code - Retention Of Records.



 
    § 160-z. Retention  of  records. 1. A state certified or licensed real
  estate appraiser shall retain for three years, originals or true  copies
  of  all written contracts engaging his or her services for real property
  appraisal work, and  all  reports  and  supporting  data  assembled  and
  formulated by the appraiser in preparing the reports.
    2.  Such  period  for  retention  of  records  is  applicable  to each
  engagement of the services of the appraiser and shall commence upon  the
  date of the submittal of the appraisal to the client unless, within such
  three  year  period,  such  appraiser  is notified that the appraisal or
  report is involved in litigation, in which event the three  year  period
  for  the  retention of records shall commence upon the date of the final
  disposition of such litigation.
    3. All records required to be maintained under the provisions of  this
  article  shall be made available by the state certified or licensed real
  estate appraiser for inspection and copying by the board  on  reasonable
  notice  to such appraiser. All such records copied by the board shall be
  kept confidential, except where disclosure of same is required by law or
  mandate of a court.

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