Sec. 5. (a) The department may revoke a certification issued under 50 IAC 15 for not more than three (3) years if the department determines by a preponderance of the
evidence that the township assessor, county assessor, employee of the township assessor or county assessor, or
appraiser violated any provision of this chapter.
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Terms Used In Indiana Code 6-1.1-35.7-5
- Appraisal: A determination of property value.
- appraiser: has the meaning set forth in Indiana Code 6-1.1-35.7-1
- Contract: A legal written agreement that becomes binding when signed.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(1) any contract for appraisal of property in Indiana that the appraiser has entered into is void; and
(2) the appraiser may not receive any additional payments under the contract.
(c) A contract entered into by an appraiser for appraisal of property in Indiana must contain a provision specifying that the contract is void if the appraiser’s certification is revoked under this chapter.
As added by P.L.112-2014, SEC.2; P.L.134-2014, SEC.4.
