2012 Code of Alabama
Title 34 - PROFESSIONS AND BUSINESSES.
Chapter 27A - REAL ESTATE APPRAISERS.
Section 34-27A-24 - Retention of appraiser; appraisal assignment.


AL Code § 34-27A-24 (2012) What's This?
Section 34-27A-24Retention of appraiser; appraisal assignment.

(a) A client or employer may retain or employ a licensed real estate appraiser to act as a disinterested third party in rendering an unbiased estimate of value. In either case, the appraisal and the appraisal report shall comply with this chapter.

(b) For the purposes of this chapter, the term "appraisal assignment" means an engagement for which an appraiser is employed or retained to act, or would be perceived by the third parties or the public as acting, as a disinterested third party in rendering an appraisal.

(Acts 1990, No. 90-639, p. 1175, §24; Acts 1994, No. 94-117, p. 128, §1.)

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