Chapter 82B — Prohibitions

Minnesota Statutes Chapter 82B — Prohibitions

82B.02 This section has been repealed. 82B.021 Definitions Defines key terms used in the real estate appraiser licensing chapter, including appraisal, appraiser, appraisal report, … 82B.03 Prohibitions Prohibits practicing as a real estate appraiser without a license and prohibits misleading use of appraiser titles or … 82B.035 Exemption Lists exemptions from the appraiser licensing requirement, including certain evaluations performed by financial … 82B.04 Responsibility for Agents Makes appraisal firms responsible for the conduct of their appraiser agents and employees. 82B.05 This section has been repealed. 82B.06 This section has been repealed. 82B.07 Powers of the Commissioner Grants the commissioner of commerce broad powers to administer the appraiser licensing program, including rulemaking, … 82B.071 Records Requires the commissioner of commerce to maintain records of all licensed appraisers and make certain information … 82B.072 Formal Complaints Establishes procedures for filing formal complaints against appraisers and the commissioner's investigation and hearing … 82B.073 Real Estate Appraisal Advisory Board Creates the Real Estate Appraisal Advisory Board to advise the commissioner on appraiser licensing and regulation. 82B.08 Licensing Requirements Sets the requirements for obtaining a real estate appraiser license, including education, examination, experience, and … 82B.09 Fees Lists the fees for appraiser license applications, renewals, and related services. 82B.093 Trainee Real Property Appraiser Creates the trainee real property appraiser classification, allowing individuals to gain appraisal experience under … 82B.094 Supervision of Trainee Real Property Appraisers Sets requirements for supervising trainee appraisers, including supervisor qualifications and documentation obligations. 82B.095 Appraiser Qualification Components Specifies the education, experience, and examination components required for appraiser qualification at each license … 82B.10 This section has been repealed. 82B.105 Reciprocity Provides for reciprocal licensing of appraisers licensed in other states that have substantially equivalent … 82B.11 Classes of License Establishes the different classes of appraiser licenses: trainee, licensed residential, certified residential, and … 82B.12 This section has been repealed. 82B.13 Education Prerequisites Specifies the education prerequisites for each class of appraiser license, including required courses and credit hours. 82B.135 Course Completion Certifications for Real Estate Appraiser License Requires applicants to submit course completion certifications as part of the licensing process. 82B.14 This section has been repealed. 82B.15 Nonresident Service of Process Provides that nonresident appraisers submit to Minnesota jurisdiction by practicing here, and designates the secretary … 82B.16 Principal Place of Business and Notice Requires appraisers to designate a principal place of business and notify the commissioner of any address changes. 82B.17 License Designation Requires appraisers to include their license number and license designation on all appraisal reports. 82B.18 Use of Term Restricts who may use the term 'real estate appraiser' or similar designations to persons holding a valid Minnesota … 82B.19 Continuing Education Requires licensed appraisers to complete continuing education as a condition of license renewal. 82B.195 Standards of Conduct Establishes standards of professional conduct for appraisers, requiring compliance with the Uniform Standards of … 82B.20 Prohibited Practices Lists prohibited practices for appraisers, including accepting contingent fees, making misleading reports, and engaging … 82B.201 Criminal Penalty Makes it a crime to practice as a real estate appraiser without a license or to make false statements in a license … 82B.21 Classification of Services Authorizes the commissioner to classify appraisal services and determine which services require specific license … 82B.22 Contingent Fees Prohibits appraisers from accepting fees that are contingent on the appraiser reaching a predetermined value or outcome. 82B.221 This section has been repealed. 82B.225 This section has been repealed. 82B.23 Federal Certification Addresses federal certification requirements for appraisers performing appraisals in federally related transactions. 82B.24 Private Right of Action Creates a private right of action allowing persons injured by an appraiser's violation of this chapter to sue for … 82B.25 This section has been repealed.