WILLIAM DONALD SCHAEFER, Governor Ch. 594

FRAUD, OR MISREPRESENTATION IF THE APPLICANT, LICENSEE, OR
CERTIFICATE HOLDER INTENDS:

(I) TO BENEFIT SUBSTANTIALLY THE APPLICANT,
LICENSEE, CERTIFICATE HOLDER, OR ANOTHER PERSON; OR

(II) TO INJURE SUBSTANTIALLY ANOTHER PERSON;

(4) IS HELD CIVILLY OR CRIMINALLY LIABLE FOR DECEIT,
FRAUD, OR MISREPRESENTATION IN THE PROVISION OF REAL ESTATE
APPRAISAL SERVICES OR OF CERTIFIED REAL ESTATE APPRAISAL
SERVICES;

(5) IS CONVICTED OF A CRIME THAT IS RELATED
SUBSTANTIALLY TO THE QUALIFICATIONS, FUNCTIONS, OR DUTIES OF A
PERSON WHO DEVELOPS REAL ESTATE APPRAISALS OR COMMUNICATES
REAL ESTATE APPRAISALS TO OTHERS;

(6) PAYS A FINDER'S FEE OR A REFERRAL FEE TO A PERSON
WHO LACKS A LICENSE OR TEMPORARY LICENSE;

(7) MAKES A FALSE OR MISLEADING STATEMENT IN:

(I) THE PART OF A WRITTEN CERTIFIED APPRAISAL
REPORT ABOUT PROFESSIONAL QUALIFICATIONS; OR

(II) TESTIMONY ABOUT PROFESSIONAL QUALIFICATIONS;

(8) VIOLATES THE CONFIDENTIAL NATURE OF
GOVERNMENTAL RECORDS TO WHICH A LICENSEE OR CERTIFICATE
HOLDER GAINED ACCESS IN THE PROVISION OF REAL ESTATE
APPRAISAL SERVICES OR CERTIFIED REAL ESTATE SERVICES;

(9) ACCEPTS A FEE FOR PROVIDING AN INDEPENDENT
APPRAISAL SERVICE IN VIOLATION OF THIS TITLE;

(10) FAILS TO EXERCISE REASONABLE DILIGENCE TO
DEVELOP, PREPARE, OR COMMUNICATE AN APPRAISAL;

(11) COMMITS NEGLIGENCE OR INCOMPETENCE IN
DEVELOPING, PREPARING, OR COMMUNICATING AN APPRAISAL;

(12) VIOLATES ANY OTHER PROVISION OF THIS TITLE; OR

(13) VIOLATES ANY REGULATION ADOPTED UNDER THIS
TITLE.

15.5-702.

AFTER JUNE 30, 1991, AND EXCEPT AS OTHERWISE PROVIDED IN
THIS TITLE, A PERSON MAY NOT PROVIDE, ATTEMPT TO PROVIDE, OR
OFFER TO PROVIDE REAL ESTATE APPRAISAL SERVICES IN THE STATE
UNLESS LICENSED BY THE COMMISSION.

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