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Ala. Code § 34-27A-25

No Fee for Certain Contingent Appraisal Assignments.

(Acts 1990, No. 90-639, p. 1175, §25; Acts 1994, No. 94-117, p. 128, §1.)

A licensed real estate appraiser may not accept a fee for an appraisal assignment, as defined in Section 34-27A-24, that is contingent upon the appraiser reporting a predetermined estimate, analysis, or opinion, or is contingent upon the opinion or valuation reached, or upon the consequences resulting from the appraisal assignment.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.