Maryland § 16-401
Full text of Maryland Maryland Code § 16-401, with citation guidance and answers to common questions.
§ 16-401.
(a) Subject to the provisions of subsection (b) of this section, a licensed real estate appraiser shall keep, for 5 years from the date of delivery to the client, the original or a copy of:
(1) each contract the licensee enters into for the provision of real estate appraisal services;
(2) each appraisal report the licensee prepares or signs; and
(3) all supporting data that the licensee assembles or formulates to prepare an appraisal report.
(b) If, within the 5-year period for the retention of records, a licensed real estate appraiser is given notice that an appraisal or appraisal report is involved in litigation, a new 5-year period shall start on the date of the final disposition of the litigation.
(c) On request, a licensed real estate appraiser shall make any record required to be kept under this section available to the Commission to inspect or copy.
Frequently Asked Questions About Maryland § 16-401
What does Maryland Code § 16-401 cover?
Section 16-401 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 16-401?
A common citation format is "Maryland Code § 16-401" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 16-401 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.