reglab/housing_qa huggingface dataset:
MI Comp L § 339.2619 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2619 - Appraiser Qualification Board Endorsed Uniform Real Property Appraiser Examination; Equivalent; Validity of Scores.

339.2619 Appraiser qualification board endorsed uniform real property appraiser examination; equivalent; validity of scores.Sec. 2619.  (1) Except as otherwise provided in section 2623, an individual seeking licensure under this article as a state licensed real estate appraiser, certified general real estate appraiser, or certified residential real estate appraiser shall first successfully pass the appraiser qualification board endorsed uniform real property appraiser examination or its equivalent as appropriate to the level of licensure sought and that is acceptable to the board and the department.  (2) The board and department may adopt an examination prepared or approved by a professional entity or organization including, but not limited to, the appraisal qualification board if the department and the board determine that the examination serves as a basis for determining whether an individual has the knowledge and skills to perform with competence.  (3) Examination scores are considered valid for 2 years from the date of the examination. History: Add. 1990, Act 269, Eff. July 1, 1991 ;-- Am. 1999, Act 170, Imd. Eff. Nov. 10, 1999 ;-- Am. 2006, Act 414, Imd. Eff. Sept. 29, 2006 Popular Name: Act 299
MI Comp L § 339.2621 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2621 - Repealed. 2006, Act 414, Imd. Eff. Sept. 29, 2006.

339.2621 Repealed. 2006, Act 414, Imd. Eff. Sept. 29, 2006. Compiler's Notes: The repealed section pertained to experience required for licensure.Popular Name: Act 299
MI Comp L § 339.2623 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2623 - Licensing Without Examination.

339.2623 Licensing without examination. Sec. 2623.  The department shall issue a certified general real estate appraiser, certified residential real estate appraiser, or state licensed real estate appraiser license without examination to an individual who, at the time of application, is licensed, registered, certified, or otherwise regulated by another state at that level if the requirements of that state, as determined by the board and the department, are at least equal to the requirements of this article. History: Add. 1990, Act 269, Eff. July 1, 1991 ;-- Am. 1999, Act 170, Imd. Eff. Nov. 10, 1999 Popular Name: Act 299
MI Comp L § 339.2625 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2625 - Nonresident Licensing; Service of Process; Temporary Permit.

339.2625 Nonresident licensing; service of process; temporary permit. Sec. 2625.  (1) A nonresident of this state may become licensed under this article by conforming with this article. The nonresident shall file an irrevocable consent to service of process which consent shall be signed by the licensee. A process or pleading served upon the department shall be sufficient service upon the licensee. A process or pleading served upon the department under this section shall be in duplicate. The department shall immediately serve by first-class mail a copy of the process or pleading to the licensee's last known address as determined by the records of the department.  (2) The department may issue a temporary permit, valid for 180 days, to a nonresident of this state who holds a valid license from another state or United States jurisdiction licensing or regulating appraisers and is temporarily in this state to conduct an appraisal involving a federally related transaction or a real estate related financial transaction. The application shall be accompanied by proof of licensure or regulation in the other state or jurisdiction, a consent to the service of process as described in subsection (1), and a written description of the nature of the temporary assignment. The holder of a temporary permit may apply in writing for 1 extension of the temporary permit for not more than 180 days. The holder of a temporary permit is not required to complete continuing education. History: Add. 1990, Act 269, Eff. July 1, 1991 ;-- Am. 1999, Act 170, Imd. Eff. Nov. 10, 1999 Popular Name: Act 299
MI Comp L § 339.2627 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2627 - Continuing Education Requirements.

339.2627 Continuing education requirements.Sec. 2627.  As a condition for the renewal of licensure as a limited real estate appraiser, a certified general real estate appraiser, a certified residential real estate appraiser, or a state licensed real estate appraiser, a licensee shall complete the minimum continuing education requirements described in the AQB criteria. History: Add. 1990, Act 269, Eff. July 1, 1991 ;-- Am. 1999, Act 170, Imd. Eff. Nov. 10, 1999 ;-- Am. 2006, Act 414, Imd. Eff. Sept. 29, 2006 Popular Name: Act 299
MI Comp L § 339.2629 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2629 - Repealed. 2009, Act 178, Imd. Eff. Dec. 15, 2009.

339.2629 Repealed. 2009, Act 178, Imd. Eff. Dec. 15, 2009. Compiler's Notes: The repealed section pertained to relicensure of individual whose license as a certified general real estate appraiser, certified residential real estate appraiser, or state licensed real estate appraiser has lapsed.
MI Comp L § 339.2631 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2631 - Repealed. 1990, Act 269, Eff. Dec. 31, 1991.

339.2631 Repealed. 1990, Act 269, Eff. Dec. 31, 1991. Compiler's Notes: The repealed section pertained to temporary license for real estate appraisers.Popular Name: Act 299
MI Comp L § 339.2633 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2633 - Duties of Licensee.

339.2633 Duties of licensee.Sec. 2633.  A licensee shall do all of the following:  (a) Include, in any appraisal or report provided to a client, the following statement: "Appraisers are required to be licensed and are regulated by the Michigan Department of Labor and Economic Growth, P.O. Box 30018, Lansing, Michigan 48909.".  (b) Maintain an actual place of business whose address shall be used as the licensee address and in all advertising.  (c) Maintain a system of books and records open to the department upon request during normal business hours. The books and records shall be maintained in accordance with the uniform standards of professional appraisal practice, the requirements of this article, and any requirements imposed by rules promulgated under this article. The books and records shall show all appraisals undertaken by name of client and the address or description of the property appraised. In addition, applicants for licensure as a state licensed real estate appraiser, a certified residential real estate appraiser, or a certified general real estate appraiser must also provide an appraisal log that includes, at a minimum, the documentation or data required to be kept under the AQB criteria.  (d) Advertise only the services authorized to be rendered according to the type of license issued and only in the name and address under which the individual is licensed. The licensee shall indicate on every appraisal report the license number and level of licensure. History: Add. 1990, Act 269, Eff. July 1, 1991 ;-- Am. 1999, Act 170, Imd. Eff. Nov. 10, 1999 ;-- Am. 2006, Act 414, Imd. Eff. Sept. 29, 2006 Popular Name: Act 299
MI Comp L § 339.2636 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2636 - Sanctions Taken by Another State.

339.2636 Sanctions taken by another state. Sec. 2636.  (1) A sanction against an individual licensed under this article in this state by another state or jurisdiction may be grounds for disciplinary action in this state if the offense is substantially similar to a violation of this act or rules promulgated under this act.  (2) A licensee shall report to the department sanctions taken by another state or jurisdiction against his or her appraisal license issued by that other state within 30 days after the final order imposing disciplinary action. History: Add. 1999, Act 170, Imd. Eff. Nov. 10, 1999 Popular Name: Act 299
MI Comp L § 339.2637 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26 - (339.2601...339.2637)|Section 339.2637 - List of Licensees; Remittance of Fee.

339.2637 List of licensees; remittance of fee.Sec. 2637.  Not less than monthly, the department shall compile a list of certified general real estate appraiser, certified residential real estate appraiser, and state licensed real estate appraiser licensees under this article, provide it to the appraisal subcommittee of the federal financial institutions examination council as required by section 1109 of the financial institutions reform, recovery, and enforcement act of 1989, Public Law 101-73, 12 USC 3338, and remit the appropriate fee for each year the individual is licensed under section 38 of the state license fee act, 1979 PA 152, MCL 338.2238. History: Add. 1990, Act 269, Eff. July 1, 1991 ;-- Am. 1999, Act 170, Imd. Eff. Nov. 10, 1999 ;-- Am. 2006, Act 414, Imd. Eff. Sept. 29, 2006 Popular Name: Act 299
MI Comp L § 339.2663 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26A - (339.2661...339.2677)|Section 339.2663 - Conduct Requiring License; Exceptions.

339.2663 Conduct requiring license; exceptions.Sec. 2663.  (1) Except as provided in subsection (2), a person shall not do any of the following in this state without a license issued by the department under this article:  (a) Directly or indirectly engage or attempt to engage in business as an appraisal management company.  (b) Directly or indirectly perform or attempt to perform appraisal management services.  (c) Advertise or hold itself out as engaging in or conducting business as an appraisal management company.  (d) Use the term "appraisal management company", "mortgage technology company", or any similar term that tends to indicate the person is licensed under this act.  (2) This article does not apply to any of the following:  (a) A person that exclusively engages individuals on an employer-employee basis to perform real estate appraisal services in the normal course of its business and that is responsible for ensuring that the real estate appraisal services performed by its employees comply with the uniform standards of professional appraisal practice.  (b) A person that in the normal course of business enters into an agreement, whether written or otherwise, with an independent contractor appraiser for that appraiser to perform real estate appraisal services and, when the appraisal is complete, cosigns the report with that independent contractor appraiser.  (c) A federally regulated appraisal management company, except as related to the information and fees collected by the department that is to be transmitted to the appraisal subcommittee of the Federal Financial Institutions Examination Council established under section 1004 of the financial institutions regulatory and interest rate control act of 1978, Public Law 95-630, 12 USC 3303. History: Add. 2012, Act 505, Eff. Apr. 1, 2014 ;-- Am. 2020, Act 250, Imd. Eff. Dec. 22, 2020 Popular Name: Act 299
MI Comp L § 339.2665 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26A - (339.2661...339.2677)|Section 339.2665 - Licensure as Appraisal Management Company; Application; Form; Information; Fee; National Registry Information and Fees.

339.2665 Licensure as appraisal management company; application; form; information; fee; national registry information and fees.Sec. 2665.  (1) A person seeking licensure as an appraisal management company under this article shall submit to the department a license application, in the form prescribed by the department, that includes all of the following information:  (a) The applicant's name.  (b) The street address of the applicant's principal place of business. The department shall not accept an application that includes only a post office box as an address.  (c) Telephone contact information concerning the applicant.  (d) The name and contact information for the applicant's agent for service of process in this state.  (e) The name, address, and contact information for any individual or any corporation, partnership, or other business entity that owns 10% or more of the appraisal management applicant.  (f) The name, address, and contact information for any controlling person of the applicant.  (g) A certification that the applicant has the system and process described in section 2673(1) in place.  (h) A certification that the applicant has the system described in section 2673(2)(b) in place.  (i) A certification that the applicant maintains the detailed record of each service request described in section 2673(3).  (j) A completed irrevocable consent to service of process, in the form prescribed by the department, executed on behalf of the applicant.  (k) Any other information that is reasonably required by the department to process the application.  (2) An applicant for licensure shall include with the application submitted under subsection (1) the license fee described in section 38a of the state license fee act, 1979 PA 152, MCL 338.2238a.  (3) An applicant for licensure or a federally regulated appraisal management company shall provide the department with any national registry information and fees required by the appraisal subcommittee of the Federal Financial Institutions Examination Council under section 1109 of the financial institutions reform, recovery, and enforcement act of 1989, Public Law 101-73, 12 USC 3338. History: Add. 2012, Act 505, Eff. Apr. 1, 2014 ;-- Am. 2020, Act 250, Imd. Eff. Dec. 22, 2020 Popular Name: Act 299
MI Comp L § 339.2669 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26A - (339.2661...339.2677)|Section 339.2669 - Licensure; Issuance; Prohibitions; Certificate; Term; Expiration.

339.2669 Licensure; issuance; prohibitions; certificate; term; expiration.Sec. 2669.  (1) The department shall not issue a license under this article to a person applying for licensure as an appraisal management company if the person does not meet the requirements of sections 2665 and 2667.  (2) If the department issues a license as an appraisal management company under this article, the department shall provide the licensee a license certificate.  (3) The term of a license under this article is 3 years. The department may grant a shorter term for an initial license under this article so that all licenses issued under this article expire on the same date. The department shall include the expiration date of an appraisal management company's license on its license certificate. History: Add. 2012, Act 505, Eff. Apr. 1, 2014 Popular Name: Act 299
MI Comp L § 339.2670 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26A - (339.2661...339.2677)|Section 339.2670 - List of Licensees and Federally Regulated Appraisal Management Companies; Remittance of Fees.

339.2670 List of licensees and federally regulated appraisal management companies; remittance of fees.Sec. 2670.  Not less than monthly, the department shall compile a list of appraisal management company licensees and federally regulated appraisal management companies under this article, provide it to the appraisal subcommittee of the Federal Financial Institutions Examination Council as required by section 1109 of the financial institutions reform, recovery, and enforcement act of 1989, Public Law 101-73, 12 USC 3338, and remit the appropriate fee under section 38a of the state license fee act, 1979 PA 152, MCL 338.2238a. History: Add. 2020, Act 250, Imd. Eff. Dec. 22, 2020 Popular Name: Act 299
MI Comp L § 339.2673 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26A - (339.2661...339.2677)|Section 339.2673 - Ensuring Certain System and Process in Place; Annual Certification by Appraisal Management Company.

339.2673 Ensuring certain system and process in place; annual certification by appraisal management company.Sec. 2673.  (1) An appraisal management company licensed under this article shall certify to the department on an annual basis, on a form prescribed by the department, that it has a system and process in place to do both of the following:  (a) Verify that an individual the company is adding to its appraiser panel is licensed under article 26.  (b) Ensure that the appraisal management company, in engaging an appraiser, selects an appraiser who is independent of the transaction and who has the requisite education, expertise, and experience necessary to competently complete the appraisal assignment for the particular market and property type.  (2) An appraisal management company licensed under this article shall certify to the department on an annual basis, on a form prescribed by the department, that it meets both of the following:  (a) Directs appraisers to perform an assignment in accordance with the uniform standards of professional appraisal practice.  (b) Has a system in place to periodically review the work of appraisers who perform real estate appraisal services for the company to verify that the real estate appraisal services are being conducted in accordance with the uniform standards of professional appraisal practice.  (3) An appraisal management company licensed under this article shall certify to the department on an annual basis, on a form prescribed by the department, that it maintains a detailed record of each service request that it receives and the identity of the independent appraiser that performs the real estate appraisal services for the appraisal management company. An appraisal management company shall retain the records described in this subsection for at least 5 years.  (4) An appraisal management company licensed under this article shall certify to the department on a biannual basis, on a form prescribed by the department, that it has a system in place to verify that each individual on its appraiser panel has not had his or her license as an appraiser refused, denied, canceled, revoked, or surrendered in lieu of a pending revocation in the 24 months preceding the date of the company's certification under this subsection.  (5) An appraisal management company licensed under this article shall certify to the department on an annual basis, on a form prescribed by the department, that it has a system in place to conduct its appraisal management services in accordance with the requirements of section 129E(a) to (i) of the truth in lending act, 15 USC 1639e(a) to (i), and regulations promulgated under that act. History: Add. 2012, Act 505, Eff. Apr. 1, 2014 ;-- Am. 2020, Act 250, Imd. Eff. Dec. 22, 2020 Popular Name: Act 299
MI Comp L § 339.2675 (2021)
2021 Michigan Compiled Laws|Chapter 339 - Occupational Code|Act 299 of 1980 - Occupational Code (339.101 - 339.2919)|Article 26A - (339.2661...339.2677)|Section 339.2675 - Conduct Subject to Penalties; Exceptions.

339.2675 Conduct subject to penalties; exceptions.Sec. 2675.  (1) Except as provided in subsection (2), an employee, director, officer, or agent of an appraisal management company licensed under this article that influences or attempts to influence the development, reporting, or review of an appraisal through coercion, extortion, collusion, compensation, instruction, inducement, intimidation, or bribery or in any other manner, including, but not limited to, any of the following, is subject to the penalties under article 6:  (a) Withholding or threatening to withhold timely payment for an appraisal.  (b) Withholding or threatening to withhold future business for an independent appraiser.  (c) Demoting or terminating or threatening to demote or terminate an independent appraiser.  (d) Promising an independent appraiser, either expressly or by implication, future business, promotions, or increased compensation.  (e) Conditioning a request for an appraisal service or the payment of an appraisal fee or salary or bonus on reaching a particular opinion, conclusion, or valuation or on a preliminary estimate or opinion requested from an independent appraiser.  (f) Requesting that an independent appraiser provide an estimated, predetermined, or desired valuation in an appraisal report, or provide estimated values or comparable sales at any time before the independent appraiser's completion of an appraisal service.  (g) Providing to an independent appraiser an anticipated, estimated, encouraged, or desired value for a subject property or a proposed or target amount of a loan to a borrower. However, this subdivision does not prohibit providing a copy of a sales contract for a purchase transaction to the appraiser.  (h) Providing an independent appraiser, or a person related to the appraiser, stock or other financial or nonfinancial benefits.  (i) Removing an independent appraiser from an appraiser panel without prior written notice to that appraiser.  (j) Doing any other act or practice that impairs or attempts to impair an appraiser's independence, objectivity, or impartiality.  (2) Subsection (1) does not prohibit, and shall not be construed to prohibit, an appraisal management company from requesting that an independent appraiser do any of the following:  (a) Provide additional information about the basis for a valuation.  (b) Correct objective factual errors in an appraisal report.  (c) Consider additional verifiable information that was not previously known or considered by the appraiser in completing the valuation or appraisal. History: Add. 2012, Act 505, Eff. Apr. 1, 2014 Popular Name: Act 299