Maine Revised Statutes > Title 32 > Chapter 124 > Subchapter 3 – Certified General, Certified Residential, Real Property Appraiser, Appraiser Trainee, Temporary License
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Terms Used In Maine Revised Statutes > Title 32 > Chapter 124 > Subchapter 3 - Certified General, Certified Residential, Real Property Appraiser, Appraiser Trainee, Temporary License
- Appraisal: A determination of property value.
- Appraisal: means an analysis, opinion or conclusion prepared by a real estate appraiser related to the nature, quality, value or utility of specified interests in, or aspects of, identified real property. See Maine Revised Statutes Title 32 Sec. 14002
- Appraiser qualifications board: means an independent board of the appraisal foundation authorized to establish the minimum education, experience and examination criteria for licensed real estate appraisers. See Maine Revised Statutes Title 32 Sec. 14002
- Board: means the Board of Real Estate Appraisers. See Maine Revised Statutes Title 32 Sec. 14002
- Commissioner: means the Commissioner of Professional and Financial Regulation. See Maine Revised Statutes Title 32 Sec. 14002
- Complex residential property: means a residential property of one to 4 units exhibiting characteristics, determined by the board, that are not typical of the property type or marketplace, including, but not limited to:
A. See Maine Revised Statutes Title 32 Sec. 14002Contract: A legal written agreement that becomes binding when signed. Department: means the Department of Professional and Financial Regulation. See Maine Revised Statutes Title 32 Sec. 14002 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. Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases. Noncomplex residential property: means property that is not defined as complex residential property in subsection 7. See Maine Revised Statutes Title 32 Sec. 14002 Real estate: means an identified parcel of land, including improvements, if any. See Maine Revised Statutes Title 32 Sec. 14002 Real estate appraiser: includes review appraisers and appraisal administrators. See Maine Revised Statutes Title 32 Sec. 14002 Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land. Real property: means one or more defined interests, benefits or rights inherent in the ownership of real estate. See Maine Revised Statutes Title 32 Sec. 14002