Minnesota Statutes 82C.11 – Limitations
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An appraisal management company licensed in this state pursuant to this chapter may enter into contracts or agreements for appraisal assignments in this state only with an employee or independent appraiser holding an active Minnesota real estate appraiser license pursuant to chapter 82B.
Terms Used In Minnesota Statutes 82C.11
- Appraisal: A determination of property value.
- Appraiser: means a person who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective, and who is licensed under chapter 82B. See Minnesota Statutes 82C.02
- Employee: means an individual who is treated as an employee for purposes of compliance with federal income tax laws. See Minnesota Statutes 82C.02
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44