§ 25-34.1-11-1 “Appraisal”
§ 25-34.1-11-2 “Appraisal management company”
§ 25-34.1-11-3 “Appraisal management services”
§ 25-34.1-11-4 “Board”
§ 25-34.1-11-5 “Person”
§ 25-34.1-11-6 “Real estate appraiser”
§ 25-34.1-11-7 “USPAP”
§ 25-34.1-11-8 Certificate of registration required
§ 25-34.1-11-9 Information and fee required for registration
§ 25-34.1-11-10 Issuance of a certificate of registration
§ 25-34.1-11-11 Restrictions on appraisal management companies
§ 25-34.1-11-12 Appraisal reviews
§ 25-34.1-11-13 Service requests; record requirements
§ 25-34.1-11-13.3 Engaging a real estate appraiser to perform appraisal; proposed contract required; contents; acceptance
§ 25-34.1-11-13.5 “Peers”; “scope of work”; deadline for appraisal management company to pay real estate appraiser; exceptions; inclusion of real estate appraiser’s fee in appraisal report
§ 25-34.1-11-14 Registration forms
§ 25-34.1-11-15 Registration fee
§ 25-34.1-11-15.5 Annual AMC registry fee; determination of fee amount; annual transmission of fees to Appraisal Subcommittee; commission’s authority to adopt rules
§ 25-34.1-11-16 Appraisals; standards compliance
§ 25-34.1-11-17 Disciplinary sanctions
§ 25-34.1-11-18 Penalty for failure to register
§ 25-34.1-11-19 Authority to adopt rules
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Terms Used In Indiana Code > Title 25 > Article 34.1 > Chapter 11 - Appraisal Management Companies

  • Appraisal: A determination of property value.
  • appraisal: has the meaning set forth in Indiana Code 25-34.1-11-1
  • appraisal management company: means a person that, for compensation, acts as a third party intermediary by contracting with independent real estate appraisers to perform appraisals for other persons. See Indiana Code 25-34.1-11-2
  • appraisal management services: means any of the following functions:

    Indiana Code 25-34.1-11-3

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • board: refers to the real estate appraiser licensure and certification board established by Indiana Code 25-34.1-11-4
  • Broker: means a person who:

    Indiana Code 25-34.1-1-2

  • Commission: means the Indiana real estate commission. See Indiana Code 25-34.1-1-2
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • License: means a broker license issued under this article and which is not expired, suspended, or revoked. See Indiana Code 25-34.1-1-2
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: means an individual engaged in a trade or business, an association, a partnership, a limited partnership, a limited liability company, a corporation, or a similar entity. See Indiana Code 25-34.1-11-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Real estate: means any right, title, or interest in real property. See Indiana Code 25-34.1-1-2
  • real estate appraiser: means a person who:

    Indiana Code 25-34.1-11-6

  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5