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Terms Used In Kansas Statutes 58-4121

  • Appraisal: A determination of property value.
  • Appraiser: means a person who develops and communicates real estate appraisals for real estate-related financial transactions and holds a current valid certification or license issued to such person under the provisions of Kan. See Kansas Statutes 58-4102
  • Board: means the real estate appraisal board established pursuant to the provisions of this act. See Kansas Statutes 58-4102
  • Federal law: means title XI of the financial institutions reform, recovery and enforcement act of 1989 (12 U. See Kansas Statutes 58-4102
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201

A state certified or licensed appraiser shall comply with the 2014-2015 edition of the uniform standards of professional appraisal practice promulgated pursuant to federal law or later versions as established in rules and regulations adopted by the board.