2005 Idaho Code - 54-4109 — RETENTION OF RECORDS

                                  TITLE  54
                    PROFESSIONS, VOCATIONS, AND BUSINESSES
                                  CHAPTER 41
                       IDAHO REAL ESTATE APPRAISERS ACT
    54-4109.  RETENTION OF RECORDS. (1) A state licensed or certified real
estate appraiser shall retain, for at least five (5) years, originals or true
copies of all written contracts engaging his services for real estate
appraisal work, and all reports and supporting data assembled and formulated
by the appraiser in preparing the reports.
    (2)  The five (5) year period for retention of records provided by
subsection (1) of this section 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 the five (5) year period, the
appraiser is notified that the appraisal or report is involved in litigation,
in which event the five (5) year period for the retention of records shall
commence upon the date of the final disposition of the litigation.
    (3)  All records required to be maintained under the provisions of this
chapter shall be made available by the licensed or certified real estate
appraiser for inspection and copying by the board on reasonable notice to the
appraiser.