Maryland § 16-503

Full text of Maryland Maryland Code § 16-503, with citation guidance and answers to common questions.

§ 16-503.

    (a)    To qualify for a certificate for residential or general real estate appraisal, an applicant shall be an individual who meets the requirements of this section.

    (b)    (1)    An applicant shall:

            (i)    be of good character and reputation;

            (ii)    be at least 18 years old; and

            (iii)    satisfy the minimum real estate appraiser qualifications for residential certification or general certification, as appropriate, established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

        (2)    An applicant shall have completed:

            (i)    at least 1,500 hours providing real estate appraiser services as a real estate appraiser trainee under the supervision of a certified appraiser; or

            (ii)    the Real Property Appraiser Qualification Criteria of the Practical Applications of Real Estate Appraisal program adopted by the Appraisal Foundation Appraiser Qualifications Board authorized under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

        (3)    Classroom hours of study required under this section may be conducted by:

            (i)    an accredited university, college, or community or junior college;

            (ii)    an approved appraisal society, institute, or association; or

            (iii)    another school that the Commission approves.

        (4)    The Commission shall approve all courses of study required under this section.

        (5)    The Commission may not require an applicant to hold a bachelor’s degree or higher to qualify for residential certification under this section.

    (c)    An applicant shall pass the examination for a certificate for residential or general real estate appraisal given by the Commission or the Commission’s designee under this subtitle.

    (d)    (1)    If an applicant is not a resident of the State, the applicant shall submit to the Commission an irrevocable consent, as provided under this subsection.

        (2)    The consent required under this subsection shall specify that service of process on the Secretary of State shall bind the applicant in any action about the provision of certified real estate appraisal services against the applicant in any county of the State.

    (e)    An applicant shall meet any other requirement that the Commission adopts by regulation.

    (f)    The Commission shall adopt additional requirements under this section if necessary to comply with the minimum real estate appraiser qualifications established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

Frequently Asked Questions About Maryland § 16-503

What does Maryland Code § 16-503 cover?

Section 16-503 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 § 16-503?

A common citation format is "Maryland Code § 16-503" (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 § 16-503 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.