Ch. 594 LAWS OF MARYLAND
15.5-220.

ALL REGULATIONS ADOPTED UNDER THIS TITLE BY THE
COMMISSION SHALL COMPLY WITH THE REQUIREMENTS OF THE
FEDERAL FINANCIAL INSTITUTIONS REFORM, RECOVERY, AND
ENFORCEMENT ACT OF 1989.

SUBTITLE 3. LICENSING
15.5-301.

(A) AFTER JUNE 30, 1991, AND EXCEPT AS OTHERWISE PROVIDED IN
THIS TITLE, AN INDIVIDUAL SHALL BE LICENSED BY THE COMMISSION
TO PROVIDE REAL ESTATE APPRAISAL SERVICES BEFORE THE
INDIVIDUAL MAY PROVIDE REAL ESTATE APPRAISAL SERVICES IN THE
STATE.

(B) THIS SECTION DOES NOT APPLY TO AN INDIVIDUAL WHO
PROVIDES REAL ESTATE APPRAISAL SERVICES THAT ARE ONLY INCIDENTAL
REAL ESTATE APPRAISAL SERVICES, INCLUDING HOME INSPECTORS AND
ENVIRONMENTAL AUDITORS.

(B) (C) IN ADDITION TO SUBSECTION (B) OF THIS SECTION, THIS
SECTION DOES NOT APPLY TO AN INDIVIDUAL WHO PROVIDES REAL
ESTATE APPRAISAL SERVICES THAT THE COMMISSION DEFINES BY
REGULATION TO BE ONLY INCIDENTAL REAL ESTATE APPRAISAL
SERVICES.

(C) (D) THIS SECTION DOES NOT APPLY TO AN INDIVIDUAL WHO IS
LICENSED TO PRACTICE ANY BUSINESS OR OCCUPATION IN THE STATE
WHILE ACTING WITHIN THE SCOPE OF THE LICENSE.

15.5-302.

(A) TO QUALIFY FOR A REAL ESTATE APPRAISAL LICENSE, AN
APPLICANT SHALL BE AN INDIVIDUAL WHO MEETS THE REQUIREMENTS
OF THIS SECTION.

(B) AN APPLICANT SHALL BE OF GOOD CHARACTER AND
REPUTATION.

(C) AN APPLICANT SHALL BE AT LEAST 18 YEARS OLD.

(D) AN APPLICANT SHALL HAVE COMPLETED SUCCESSFULLY AT
LEAST 45 HOURS OF STUDY RELATED TO REAL ESTATE APPRAISAL
THAT:

(1) THE COMMISSION APPROVES;

(2) INCLUDE AT LEAST:

(1) 30 CLASSROOM HOURS OF STUDY ABOUT REAL

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