reglab/housing_qa huggingface dataset:
LA Rev Stat § 37:3406 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3406. Issuance of licenses; display; use of term

RS 3406 - Issuance of licenses; display; use of term A. A license issued under authority of this Chapter shall bear the signatures or facsimile signatures of the chairperson and secretary of the board and a license number assigned by the board. B. Each licensed real estate appraiser shall include his classification and license number in all appraisal reports, contracts, or other instruments used by the licensee in conducting real property appraisal activities. C. Repealed by Acts 2003, No. 341, §3. D. Real estate appraisers that use their license for advertising purposes, including but not limited to logos, stationery, and business cards, shall place their license number adjacent to or immediately below their license classification. Acts 1987, No. 472, §1; Acts 1991, No. 412, §1; Acts 1995, No. 690, §2; Acts 2001, No. 833, §2; Acts 2003, No. 341, §§1 and 3; Acts 2006, No. 389, §1.
LA Rev Stat § 37:3407 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3407. Fees

RS 3407 - Fees A. The board shall charge and collect fees not in excess of the following: (1) License application fee $ 200.00 (2) License history fee $ 25.00 (3) Examination processing fee $ 100.00 (4) Experience review $ 100.00 (5) License renewal fee $ 200.00 (6) Delinquent renewal fee: January 1 - February 15 $ 25.00 February 16 - June 30 $ 100.00 (7) Temporary registration fee $ 150.00 (8) Initial qualifying/continuing education provider fee $ 100.00 (9) Annual renewal fee for education provider $ 100.00 (10) Filing fee for additional course offerings submitted by approved education providers $ 10.00 (11) Processing fee $ 25.00 B.(1) In addition to the fees provided for in Subsection A of this Section, the board may charge each applicant or licensee twenty dollars for each two-year license. The funds shall be included in the research and education fund of the Louisiana Real Estate Commission and shall be dedicated for use by the board to sponsor, conduct, contract for, and underwrite any and all research projects or real estate appraisal programs having to do with the advancement of the real estate appraisal industry in Louisiana. (2) Additionally, the board may collect any required federal fees from each applicant or licensee and remit them to the appropriate agency or instrumentality of the federal government as may be required to render Louisiana licensed real estate appraisers eligible to perform appraisals in connection with federally related transactions. C. All fees shall be paid into the operating account of the board for the purpose of carrying out the provisions of this Chapter. D. Activities of the board shall be audited in accordance with R.S. 24:513. Acts 1987, No. 472, §1; Acts 1991, No. 412, §1; Acts 1993, No. 949, §1; Acts 1995, No. 690, §2; Acts 2003, No. 341, §1; Acts 2014, No. 200, §1.
LA Rev Stat § 37:3410 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3410. Standards for the development and communication of real estate appraisals

RS 3410 - Standards for the development and communication of real estate appraisals  A.(1) A licensed real estate appraiser shall comply with generally accepted standards of professional practice in the development and communication of appraisals of real estate located in this state and with generally accepted ethical rules of conduct as contained in the "Uniform Standards of Professional Appraisal Practice", or its successor, as approved by the Appraisal Standards Board of the Appraisal Foundation or its successor.  (2) Nothing in this Chapter shall prohibit a licensed real estate appraiser from performing an evaluation of real property for a federally insured depository institution if the evaluation is permitted by either federal law, regulation, or the guidelines for evaluations established by the federal financial institutions regulatory agency of the depository institution, or a mortgage servicer approved to service any federally related mortgage loans.  B. The licensed real estate appraiser shall include within the body of the appraisal report the amount of the appraiser's fee for appraisal services.  Acts 1987, No. 472, §1; Acts 1990, No. 740, §1; Acts 1991, No. 412, §1; Acts 2003, No. 341, §1; Acts 2012, No. 429, §1, eff. May 31, 2012; Acts 2014, No. 213, §1; Acts 2019, No. 37, §1.
LA Rev Stat § 37:3411 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3411. Documents to be retained

RS 3411 - Documents to be retained  A licensed real estate appraiser shall retain for five years originals or true copies of contracts engaging the appraiser's services for real property appraisal work, appraisal reports, and supporting data assembled and formulated by the appraiser in preparing reports. The period for retention of the records applicable to each engagement of the services of the appraiser shall run from the date of the submission of the appraisal report to the client. These records shall be made available by the appraiser for inspection and copying by the board on reasonable notice to the appraiser. When litigation is contemplated at any time, reports and records shall be retained for two years from final disposition.  Acts 1987, No. 472, §1; Acts 1995, No. 690, §2; Acts 2003, No. 341, §1; Acts 2016, No. 259, §1.
LA Rev Stat § 37:3412 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3412. False information

RS 3412 - False information It shall be unlawful for any person or his agent to file with the board any notice, statement, or other document required under the provisions of this Chapter which is false or contains any material misstatement of fact. Acts 1987, No. 472, §1; Acts 1995, No. 690, §2.
LA Rev Stat § 37:3413 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3413. Penalty

RS 3413 - Penalty Any person who violates any provision of this Chapter shall be fined not more than five thousand dollars, imprisoned for not more than six months, or both. Acts 1995, No. 690, §2; Acts 2003, No. 341, §1.
LA Rev Stat § 37:3415.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.1. Short title

RS 3415.1 - Short title This Chapter shall be known and may be cited as the "Louisiana Appraisal Management Company Licensing and Regulation Act". Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.4. Exemptions

RS 3415.4 - Exemptions A. This Chapter shall not be applicable to any of the following: (1) Any corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity that exclusively employs persons on an employer/employee basis for the performance of real estate appraisal services in the normal course of its business and such entity is responsible for ensuring that the real estate appraisal services being performed by its employees are being performed in accordance with Uniform Standards of Professional Appraisal Practice. (2) Any individual, corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity engaged in real estate appraisal services who, in the normal course of business, enters into an agreement, whether written or otherwise, with another independent appraiser for the performance of real estate appraisal services that the hiring or contracting appraiser is unable to complete for any reason, including but not limited to competency, work load, schedule, or geographic location. (3) Any individual, corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity engaged in real estate appraisal services who, in the normal course of business, enters into an agreement, whether written or otherwise, with an independent contractor appraiser for the performance of real estate appraisal services and, upon the completion of the appraisal, the report of the appraiser performing the real estate appraisal services is cosigned by the appraiser who subcontracted with the independent appraiser for the performance of the real estate appraisal services. B. The Louisiana Real Estate Appraisers Board may issue special exemptions, if deemed acceptable by the board, upon special application and review. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.5 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.5. Forms

RS 3415.5 - Forms An applicant for a license as an appraisal management company in this state shall submit to the board an application on a form prescribed by the board. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.6 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.6. Expiration of license

RS 3415.6 - Expiration of license All licenses granted by the board pursuant to this Chapter shall expire December thirty-first of each calendar year. Acts 2009, No. 502, §1, eff. Jan. 1, 2010; Acts 2011, No. 114, §1.
LA Rev Stat § 37:3415.7 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.7. Consent to service of process

RS 3415.7 - Consent to service of process Each entity applying for a license as an appraisal management company in this state shall complete an irrevocable Uniform Consent to Service of Process as prescribed by the board. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.8 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.8. Owner requirements

RS 3415.8 - Owner requirements A. An appraisal management company applying for a license in this state may not be owned by any person who has had a license or certificate to act as an appraiser, real estate broker or agent, mortgage broker, or mortgage originator, which combined are considered herein to be "real estate or lending-related licenses" refused, denied, suspended, canceled, or revoked in the past in any state without specific approval by the board. B. Any licensed appraisal management company with an owner or employee who is subsequently refused or denied a real estate or lending-related license in any state, shall notify the board in writing within ten days of such action. C. Any licensed appraisal management company with an owner or employee whose real estate or lending-related license has been suspended, revoked, or cancelled subsequent to being registered shall notify the board in writing within ten days of such action. D. Either refusal or revocation of any real estate or lending-related license in any state shall be grounds for denying renewal of the appraisal management company's license. However, failure to notify the board of refusal, suspension, revocation, or cancellation of the licenses within ten days of such action shall be cause for revocation of an appraisal management company's license. E. Each person that has any ownership interest in an appraisal management company in this state shall comply with all of the following: (1) Be of good moral character, as determined by the board. (2) Submit to a background investigation, as determined by the board. (3) Certify to the board that the person has never had a license to act as an appraiser refused, denied, cancelled, suspended, or revoked in this state or in any other state. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.9 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.9. Controlling person; requirements

RS 3415.9 - Controlling person; requirements A. Each appraisal management company applying to the board for a license in this state shall designate one controlling person that will be the main contact for all communication between the board and the appraisal management company. B. In order to serve as a controlling person of an appraisal management company, a person shall comply with all of the following: (1) Certify to the board that he has never had a certificate or license issued by the board of this state, or the board of any other state, to act as an appraiser refused, denied, canceled, suspended, or revoked. (2) Be of good moral character, as determined by the board. (3) Submit to a background investigation, as determined by the board. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.10 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.10. License application assessment; delinquent renewal

RS 3415.10 - License application assessment; delinquent renewal  A. When accepting an application for an initial or renewal license, the board is authorized to collect an assessment not in excess of one thousand five hundred dollars.  B. If the license renewal is delinquent, the board is further authorized to collect a delinquent renewal assessment as follows:  (1) If the renewal application is submitted during the period of January first to February fifteenth, an amount not in excess of one hundred fifty dollars.  (2) If the renewal application is submitted during the period of February sixteenth to June thirtieth, an amount not in excess of three hundred dollars.  C. If an initial license is issued after January first of any year, the assessment shall be prorated to the remaining portion of the year ending December thirty-first.  D. The provisions of this Section shall expire on December 31, 2022.  Acts 2011, No. 114, §1; Acts 2013, No. 31, §1, eff. May 29, 2013; Acts 2016, No. 259, §1; Acts 2017, No. 11, §1; Acts 2019, No. 252, §1. NOTE: See Acts 2011, No. 114, §§2, 3, relative to licenses issued on or after certain dates.
LA Rev Stat § 37:3415.11 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.11. Limitations

RS 3415.11 - Limitations An appraisal management company licensed in this state pursuant to this Chapter shall not enter into contracts or agreements with an independent appraiser for the performance of real estate appraisal services unless that person is licensed and in good standing pursuant to the Louisiana Real Estate Appraisers Law, R.S. 37:3391 et seq. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.12 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.12. Pre-engagement certification

RS 3415.12 - Pre-engagement certification Each appraisal management company seeking to be licensed in this state shall certify to the board, on an annual basis, on a form prescribed by the board, that the appraisal management company has a system and process in place to verify that a person being added to the appraiser panel of the appraisal management company holds a license in good standing in this state pursuant to the Louisiana Real Estate Appraisers Law, R.S. 37:3391 et seq. Acts 2009, No. 502., §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.13 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.13. Adherence to standards; competency

RS 3415.13 - Adherence to standards; competency A. Each appraisal management company seeking to be licensed in this state shall certify to the board on an annual basis that it has a system in place to review on a periodic basis the work of all appraisers that are performing real estate appraisal services for the appraisal management company to ensure that the real estate appraisal services are being conducted in accordance with Uniform Standards of Professional Appraisal Practice. B. Before or at the time of making an assignment to an appraiser, an appraisal management company shall verify that the appraiser receiving the assignment satisfies each provision of the competency rule of the Uniform Standards of Professional Appraisal Practice for the appraisal being assigned. Acts 2009, No. 502, §1, eff. Jan. 1, 2009; Acts 2012, No. 429, §1, eff. May 31, 2012.
LA Rev Stat § 37:3415.14 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.14. Record keeping

RS 3415.14 - Record keeping Each appraisal management company seeking to be licensed in this state shall certify to the board on an annual basis that it maintains a detailed record for five years of each real estate appraisal service request that it receives including the fee paid by the lenders to all appraisers for all real estate appraisal services and the names of all appraisers or entities that perform all real estate appraisal services for the appraisal management company. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.15 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.15. Fees; customary and reasonable; disclosure

RS 3415.15 - Fees; customary and reasonable; disclosure  A. An appraisal management company shall compensate appraisers at a rate that is customary and reasonable for appraisals being performed in the market area of the property being appraised, consistent with the requirements of 15 U.S.C. 1639(e) and the final federal rules as provided for in the applicable provisions of 12 CFR Parts 34, 225, 226, 323, 1026, and 1222.  B. An appraisal management company shall separately state to the client all of the following:  (1) The fees paid to an appraiser for appraisal services.  (2) The fees charged by the appraisal management company for services associated with the management of the appraisal process, including procurement of the appraiser's services.  C.(1) An appraisal management company shall not prohibit any appraiser who is part of an appraiser panel from recording the fee that the appraiser was paid by the appraisal management company for the performance of the appraisal within the appraisal report that is submitted by the appraiser to the appraisal management company.  (2) An appraisal management company shall not include any fees for appraisal management services performed by the company in the amount the company reports as charges for the actual completion of an appraisal by the appraiser.  Acts 2012, No. 429, §1, eff. May 31, 2012; Acts 2016, No. 259, §1.
LA Rev Stat § 37:3415.17 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.17. Alteration of appraisal reports

RS 3415.17 - Alteration of appraisal reports An appraisal management company shall not alter, modify, or otherwise change a completed real estate appraisal service report submitted by an appraiser. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.18 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.18. Adjudication of disputes between an appraisal management company and an appraiser

RS 3415.18 - Adjudication of disputes between an appraisal management company and an appraiser A. Except within the first thirty days after an independent appraiser is first added to the appraiser panel of an appraisal management company, an appraisal management company may not remove an appraiser from its appraiser panel, or otherwise refuse to assign requests for real estate appraisal services to an independent appraiser without doing all of the following: (1) Notifying the appraiser in writing of the reasons why the appraiser is being removed from the appraiser panel of the appraisal management company. If the appraiser is being removed from the panel for illegal conduct, violation of the Uniform Standards of Professional Appraisal Practice, or a violation of state licensing standards, the nature of the alleged conduct or violation shall be identified. (2) Providing an opportunity for the appraiser to respond to the notification of the appraisal management company. B. An appraiser that is removed from the appraiser panel of an appraisal management company for alleged illegal conduct, violation of the Uniform Standards of Professional Appraisal Practice, or violation of state licensing standards, may file a complaint with the board for a review of the decision of the appraisal management company, except that in no case shall the board make any determination regarding the nature of the business relationship between the appraiser and the appraisal management company which is unrelated to the actions specified in Subsection A of this Section. C. If an appraiser files a complaint against an appraisal management company pursuant to Subsection B of this Section, the board shall adjudicate the complaint. D. If, after opportunity for hearing and review, the board determines that an appraiser did not commit a violation of law, a violation of the Uniform Standards of Professional Appraisal Practice, or a violation of state licensing standards, the board shall order that an appraiser be reinstated to the appraiser panel of the appraisal management company that was the subject of the complaint without prejudice. E. Following the adjudication of a complaint to the board by an appraiser against an appraisal management company, an appraisal management company may not refuse to make assignments for real estate appraisal services to an appraiser, or reduce the number of assignments, or otherwise penalize the appraiser, if the board has found that the appraisal management company acted improperly in removing the appraiser from the appraiser panel. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.19 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.19. Enforcement

RS 3415.19 - Enforcement A. The board may censure an appraisal management company, conditionally or unconditionally suspend, or revoke any license issued under this Chapter, levy fines or impose civil penalties not to exceed fifty thousand dollars, if in the opinion of the board, an appraisal management company is attempting to perform, is performing, has performed, or has attempted to perform any of the following acts: (1) Committing any act in violation of this Chapter. (2) Violating any rule or regulation adopted by the board in the interest of the public and consistent with the provisions of this Chapter. (3) Procuring a license by fraud, misrepresentation, or deceit. B.(1) In addition to any other civil remedy or civil penalty provided for in this Chapter, the board may issue a subpoena to any person or persons who the board has probable cause to believe has engaged in real estate appraisal activity without a currently valid license. (2) Subpoenas issued by the board shall comply with the notice requirements of R.S. 49:955. These subpoenas shall be served upon the unlicensed individual personally or by any type of mailing requiring a return receipt and shall include a statement of the manner in which the unlicensed person shall be required to respond to the commission. C. The board may impose a civil penalty of no more than five thousand dollars upon any unlicensed person who, after a hearing or informal resolution in accordance with all provisions of this Chapter and the Administrative Procedure Act, is found to have engaged in real estate appraisal activity without a currently valid license having been issued by the board pursuant to the provisions of this Chapter. In addition, the board may assess costs and attorney fees against the unlicensed person found to have been engaged in real estate appraisal activity without a current license. D. No person engaged in real estate appraisal activity without a currently valid license shall have the right to receive any compensation for services so rendered. In addition to any other penalties imposed under this Chapter, the board may require that any person engaged in real estate appraisal activity without a license return any fees collected for engaging in real estate appraisal activity. Acts 2009, No. 502, §1, eff. Jan. 1, 2010.
LA Rev Stat § 37:3415.21 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§3415.21. Rulemaking authority

RS 3415.21 - Rulemaking authority A. The board may adopt any rules and regulations in accordance with the Administrative Procedure Act necessary for the enforcement of this Chapter. B. Repealed by Acts 2014, No.764, §1. Acts 2009, No. 502, §1, eff. Jan. 1, 2010; Acts 2012, No. 429, §1, eff. May 31, 2012; Acts 2014, No. 764, §1, eff. June 19, 2014.