reglab/housing_qa huggingface dataset:
MS Code § 73-34-37 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-37. Standards of professional appraisal practice and ethical rules

 Each real estate appraiser licensed under this chapter must comply with generally accepted standards of professional appraisal practice and generally accepted ethical rules to be observed by a real estate appraiser. Generally accepted standards of professional appraisal practice are currently evidenced by the uniform standards of professional appraisal practice as directed by the Appraisal Subcommittee of the Federal Financial Institutions Examinations Council or its agent; however, after a public hearing held in accordance with the laws of this state applicable to public hearings, the board may make such modifications in excess of those standards as the board deems appropriate for this state.
MS Code § 73-34-39 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-39. Record keeping requirements for licensed appraisers; inspection of records

  A licensed real estate appraiser shall retain for a period of five (5) years the original or a true copy of: (a) each appraisal report prepared or signed by such real estate appraiser; and (b) all supporting data assembled and formulated by the appraiser in preparing each such appraisal report.   The five-year period for retention of records is applicable to each engagement of the services of the appraiser and shall commence upon the date of the delivery of each appraisal report to the client unless, within such five-year period, the appraiser is notified that the appraisal or the appraisal report is involved in litigation, in which event a minimum of a two-year period for the retention of records shall commence upon the date of the final disposition of such litigation.   Upon reasonable notice, a licensed real estate appraiser shall make all records required to be maintained under the provisions of this chapter available for inspection and copying by the board or its designated agent.
MS Code § 73-34-43 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-43. Formal decision of board on complaint; appeals; standard of review of decision of board

 If, at the conclusion of the hearing, the board determines that a licensed appraiser, licensed certified real estate appraiser or appraisal management company is guilty of a violation of any of the provisions of this chapter, it shall prepare a formal decision that shall contain findings of fact concerning the appropriate disciplinary action to be taken.   The decision and order of the board shall be final. Any applicant, licensee, registrant or person aggrieved by a decision or order of the board shall have the right of appeal from such adverse order or decision of the board to the circuit court of the county of residence of the applicant, licensee, registrant or person, or of the First Judicial District of Hinds County, within thirty (30) days from the service of notice of the action of the board upon the parties in interest. Notice of appeals shall be filed in the office of the clerk of the court who shall issue an order directed to the board commanding it, within ten (10) days after service thereof, to certify to the court its entire record in the matter in which the appeal has been taken. The appeal shall thereupon be heard in due course by the court, without a jury, which shall review the record and make its determination of the cause between the parties. To be effective, an application for review made by an aggrieved party must be filed within thirty (30) days after the party's receipt of the final decision and order of the board.   If an application is filed for review of a final decision and order of the board, the case shall be set for trial within sixty (60) days from the date of the filing of an answer for the board. If the court finds that the board has regularly pursued its authority and has not acted arbitrarily, it shall affirm the decision and order of the board.   Actions taken by the board in suspending a license when required by Section 93-11-157 or 93-11-163 are not actions from which an appeal may be taken under this section. Any appeal of a license suspension that is required by Section 93-11-157 or 93-11-163 shall be taken in accordance with the appeal procedure specified in Section 93-11-157 or 93-11-163, as the case may be, rather than the procedure specified in this section.
MS Code § 73-34-47 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-47. Form and content of license; return of license; records of licenses

 The commission at the direction of the board shall issue to each licensed appraiser or licensed certified real estate appraiser under this chapter a license evidencing such licensure. The commission shall at the direction of the board also issue a pocket card in such size and form as the board approves.   A license issued under this chapter shall bear a license number assigned by the commission. When signing an appraisal report or certified appraisal report, the licensee shall place such appraiser's license number adjacent to or immediately below the title of "licensed appraiser" or "licensed certified residential real estate appraiser" or "licensed certified general real estate appraiser" or "licensed timberland appraiser." Such license number shall also be used in all statements of qualification, contracts or other instruments used by the license holder when reference is made to such license holder's status as a licensed appraiser or licensed certified real estate appraiser.   The license must bear the current physical address of the licensee's place of business, which shall be a room either in his home or an office elsewhere, to be used for the transaction of the appraisal business. In case of removal from the designated address, the licensee shall make application to the commission before removal, or within ten (10) days after removal, designating the new location of such office, whereupon the commission at the direction of the board shall forthwith issue a new license for the new location.   Licenses and pocket cards shall remain the property of the state; and, upon any suspension or revocation of a license pursuant to this chapter, the individual holding the related license and pocket card shall immediately return such license and pocket card to the commission.   The commission shall maintain and keep open for public inspection during office hours a complete and properly indexed record of all applications for licensure received and licenses issued, renewed, revoked, cancelled or suspended under the provisions of this chapter. A copy of any such record, except pending investigation files, shall be made available to the public, upon application to the commission, at such reasonable price per copy as may be fixed by the commission.
MS Code § 73-34-49 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-49. Roster of licensed appraisers and registered appraisal management companies

 The commission shall prepare and issue at least once each calendar year a roster showing the name and place of business of each real estate appraiser currently licensed and appraisal management company registered under the provisions of this chapter. A copy of the roster shall be made available to the public, upon application to the commission, at a reasonable price per copy as may be fixed by the commission. The commission shall send a copy of this list to the Appraisal Subcommittee of the Federal Financial Institutions Examination Council, or its designated agent.
MS Code § 73-34-51 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-51. Nonresident applicants for license

  Each applicant for licensure under this chapter who is not a resident of this state shall submit, with his application, an irrevocable consent that legal action arising out of his activities as a real estate appraiser in this state may be commenced against him in the proper court of any county of this state in which a cause of action may arise or in which the plaintiff may reside by service of process or pleading authorized by laws of this state, by the Secretary of State, or by the Administrator of the Mississippi Real Estate Commission. The consent shall stipulate that the service of process or pleading shall be taken in all courts to be valid and binding as if personal service had been made upon the nonresident licensee in this state. The consent shall be duly acknowledged. Every nonresident licensee shall consent to have any hearings conducted by the board pursuant to Section 73-34-35 at a place designated by the board.   Any service of process or pleading shall be served on the Administrator of the Mississippi Real Estate Commission by filing duplicate copies, one (1) of which shall be filed in the office of the board and the other forwarded by certified mail to the last-known principal address of the nonresident licensee against whom the process or pleading is directed.   If, in the determination of the board, another state or territory or the District of Columbia is deemed to have substantially equivalent licensure laws for real estate appraisers, an applicant for licensure in this state who is licensed under the law of such other state, territory or district may obtain a license as a real estate appraiser in this state upon such terms and conditions as may be determined by the board provided that disciplinary proceedings are not pending against such applicant in his state of licensure. The issuance of a license by reciprocity to a military-trained applicant or military spouse shall be subject to the provisions of Section 73-50-1.
MS Code § 73-34-53 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-53. Penalties for violations; civil action by person aggrieved by violation

  Except as otherwise provided in Section 73-34-35, any person violating a provision of this chapter shall, upon conviction of a first violation thereof, be punished by a fine of not less than Five Hundred Dollars ($500.00) nor more than One Thousand Dollars ($1,000.00), or by imprisonment for a term not to exceed ninety (90) days, or both. A second or subsequent violation shall be punishable by a fine of not less than One Thousand Dollars ($1,000.00) nor more than Two Thousand Dollars ($2,000.00), or by imprisonment for a term not to exceed six (6) months, or both.   In case any person shall have received any sum of money, or the equivalent thereof, as commission, compensation or profit by or in consequence of his violation of any provision of this chapter, that person shall also be liable to a penalty of not less than the amount of the sum of money so received and not more than four (4) times the sum so received, as may be determined by the court, which penalty may be sued for and recovered by any person aggrieved, and for his use and benefit, in any court of competent jurisdiction.
MS Code § 73-34-55 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-55. No cause of action for services rendered by nonlicensed appraiser

 No person shall bring or maintain an action in any court of this state for the recovery of a commission, fee or compensation for any act done or services rendered, the doing or rendering of which is prohibited under the provisions of this chapter for persons other than licensed real estate appraisers, unless such person was duly licensed as a real estate appraiser at the time of the doing of such act or the rendering of such service.
MS Code § 73-34-57 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-57. Board authorized to employ legal counsel

 The board may employ legal counsel to represent it in any proceedings when legal counsel is required.
MS Code § 73-34-59 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-59. Board authorized to implement rules and regulations necessary to bring chapter into compliance with federal requirements

 If any provision of this chapter is found to be in noncompliance with the requirements of the Appraisal Subcommittee of the Federal Financial Institutions Examination Council or its agent, the board is authorized to implement such rules and regulations as necessary to bring the requirements into federal compliance.
MS Code § 73-34-63 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Real Estate Appraiser Licensing and Certification Act|§ 73-34-63. Severability

 If any provision of this chapter or its application to any person or in any circumstance is declared by a court of competent jurisdiction to be invalid or unenforceable, provisions constituting the remainder of the act and the application of those provisions to other persons and in other circumstances shall not be affected.
MS Code § 73-34-101 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-101. Short title

 Sections 73-34-101 through 73-34-131 shall be known and may be cited as the "Mississippi Appraisal Management Company Registration Act."
MS Code § 73-34-105 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-105. Applicability of Sections 73-34-101 through 73-34-131

  The provisions of Sections 73-34-101 through 73-34-131 shall not apply to an appraisal management company that is a subsidiary owned and controlled by a financial institution regulated by a federal financial institutions regulatory agency.   The provisions of Sections 73-34-101 through 73-34-131 shall not apply to a business entity that exclusively engages real estate appraisers on an employer and employee basis for the performance of all real property appraisal services in the normal course of its business, except to the extent that federal law or regulation requires such entities to register with and be subject to supervision by a state appraiser certifying and licensing agency.
MS Code § 73-34-107 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-107. Completion of irrevocable uniform consent to service of process

 Each person applying for a registration as an appraisal management company that is not domiciled in this state shall complete an irrevocable uniform consent to service of process, as prescribed by the commission.
MS Code § 73-34-111 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-111. Designation of one controlling employee as contact for all communication between board and company

 Each appraisal management company applying to the board for a registration in this state shall designate one (1) controlling person who is an employee of the appraisal management company that will be the designated contact for all communication between the board and the appraisal management company.
MS Code § 73-34-113 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-113. Prohibited acts; required acts

  An appraisal management company doing business in this state as an appraisal management company shall not:   Knowingly employ any individual to perform appraisal services, who has had a license or certificate to act as an appraiser in this state or in any other state, refused, denied, cancelled, surrendered in lieu of revocation, or revoked; or   Knowingly enter into any independent contractor arrangement for the performance of appraisal services, in verbal, written, or other form, with any individual who has had a license or certificate to act as an appraiser in this state or in any other state, refused, denied, cancelled, surrendered inlieu of revocation, or revoked.     Before assigning appraisal orders, the appraisal management company shall have a system in place to verify that a person being added to the appraiser panel holds the appropriate appraiser credential in good standing.   Each appraisal management company doing business as an appraisal management company shall certify to the commission on an annual basis on a form prescribed by the commission that the appraisal management company has systems in place to verify that:   An individual on the appraiser panel has not had a license or certification as an appraiser refused, denied, cancelled, revoked or surrendered in lieu of a pending revocation in the previous twelve (12) months; and   Only licensed or certified appraisers are used to complete appraisal assignments in connection with federally related transactions.
MS Code § 73-34-115 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-115. Proper level of licensure required for Standard 3 appraisal reviews

 Any employee of, or independent contractor to, the appraisal management company that performs a USPAP Standard 3 appraisal review of an appraisal report on property located in this state shall be an appraiser with the proper level of licensure in Mississippi.Quality control examinations are exempt from this requirement, as they are not considered a Standard 3 review.
MS Code § 73-34-117 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-117. Annual certifications to commission

  Each appraisal management company doing business in this state shall certify to the commission on an annual basis that it requires appraisers completing appraisals at its request to comply with the Uniform Standards of Professional Appraisal Practice, including the requirements for geographic and product competence.   Each appraisal management company doing business in this state shall certify to the commission on an annual basis that it has a system in place to require that appraisals are conducted independently and free from inappropriate influence and coercion as required by the appraisal independence standards established under Section 129E of the Truth in Lending Act, including the requirement that fee appraisers be compensated at a customary and reasonable rate when the appraisal management company is providing services for a consumer credit transaction secured by the principal dwelling of a consumer.   Each appraisal management company doing business in this state shall certify to the commission on an annual basis that it has a system in place requiring payment to an independent contract appraiser for the completion of an appraisal service within thirty (30) days after the appraiser provides the completed appraisal report to the appraisal management company, except in cases involving a bona fide breach of contract, substandard performance of services, or alternate payment terms agreed upon by the appraiser and the appraisal management company.   An appraisal management company shall not prohibit an appraiser from reporting the fee paid to the appraiser in the body of the appraisal report, however an appraisal management company may require an appraiser to present any such disclosure in a specified format and location.
MS Code § 73-34-119 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-119. Retention of records

 Each appraisal management company doing business in this state shall certify to the board on an annual basis that it maintains a detailed record of each service request that it receives and the appraiser that performs the appraisal for the appraisal management company.Records shall be retained for a period of five (5) years after an appraisal is completed or two (2) years after final disposition of a judicial proceeding related to the assignment, whichever period expires later.
MS Code § 73-34-121 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-121. Alteration or modification of completed appraisal report; use of appraisal report submitted by independent appraiser

  An appraisal management company may not alter, modify, or otherwise change a completed appraisal report submitted by an appraiser without the appraiser's written consent, except as necessary to comply with regulatory mandates or legal requirements.   An appraisal management company may not use an appraisal report submitted by an independent appraiser, or any of the data or information contained therein, for any purpose other than its intended use without the appraiser's or the intended end user's written consent, except as necessary to comply with regulatory mandates or legal requirements.
MS Code § 73-34-123 (2020)
2020 Mississippi Code|Title 73 - Professions and Vocations|Chapter 34 - Real Estate Appraisers|Mississippi Appraisal Management Company Registration Act|§ 73-34-123. Registration numbers

  The board shall issue a unique registration number to each appraisal management company that is registered in this state pursuant to Sections 73-34-101 through 73-34-131.   The board shall maintain and publish a list of the appraisal management companies registered in this state and the registration numbers assigned to such persons.   An appraisal management company registered in this state shall disclose the registration number provided to it by the board on the engagement documents presented to the appraiser.