Usufruct
R.S. 37:3410

Standards for the development and communication of real estate appraisals ACTIVE

A.(1) A registered or 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" (USPAP), or its successor, as approved and periodically amended by the Appraisal Standards Board of the Appraisal Foundation or its successor.

(2) Nothing in this Chapter shall prohibit a registered or 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 registered or licensed real estate appraiser shall include within the body of the appraisal report the amount of the appraiser's fee for appraisal services.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

  • enactment Acts 1987, No. 472, §1
  • amendment Acts 1990, No. 740, §1
  • amendment Acts 1991, No. 412, §1
  • amendment Acts 2003, No. 341, §1
  • amendment Acts 2012, No. 429, §1, eff. May 31, 2012
  • amendment Acts 2014, No. 213, §1
  • amendment Acts 2019, No. 37, §1
  • amendment Acts 2022, No. 547, §1, eff. June 17, 2022

Section navigation

Cite R.S. 37:3410

Bluebook
La. Rev. Stat. Ann. § 37:3410 (2026).
Permalink
https://theusufruct.com/rs/title-37/section-3410
BibTeX
@misc{larevstat-37-3410,
  title        = {La. Rev. Stat. Ann. § 37:3410},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-37/section-3410},
  note         = {Snapshot 2026-05-22}
}