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34-27A-17
Section 34-27A-17 Signatures on license; display of license number. (a) A license issued under
this article shall bear the signature or facsimile signature of the executive director of
the board and a license number assigned by the board. (b) Each licensed real estate appraiser
shall place his or her license number adjacent to or immediately below the title of his or
her classification when used in an appraisal report or in a contract or other instrument used
by the license holder in conducting real property appraisal activities. (Acts 1990, No. 90-639,
p. 1175, §17; Acts 1994, No. 94-117, p. 128, §1.)...
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34-27A-7
Section 34-27A-7 Application for licensure and examination; fees; pledge; conditions. (a) Applications
for original license, renewal license, and examinations shall be made in writing to the board
on forms approved by the board. (b) Appropriate fees, as fixed by the board pursuant to Section
34-27A-6, shall accompany all applications for original license, renewal license, and examination.
(c) At the time of filing an application for license for any real property appraiser classification,
each applicant shall sign a pledge to comply with the standards set forth in this article
and state that he or she understands the types of misconduct for which disciplinary proceedings
may be initiated against a licensed real property appraiser, as set forth in this article.
(d) A license for any real estate appraiser classification shall be issued only to, and held
only by a person who meets all of the requirements of the following subdivisions (1) through
(7) below and either subdivision (8) or (9)...
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40-12-255
Section 40-12-255 Manufactured homes. (a) Every person, firm, or corporation who owns, maintains
or keeps in this state a manufactured home as defined according to subsection (n) of this
section, except a manufactured home that constitutes a part of the inventory of a manufacturer
or dealer, shall pay an annual registration fee of $24 for an owner occupied single wide (one
transportable module) manufactured home, $48 for an owner occupied double wide or larger (two
or more transportable modules) manufactured home, $48 for a commercial single wide (one transportable
module) manufactured home, or $96 for a commercial double wide or larger (two or more transportable
modules) manufactured home, provided, however, that any manufactured home 10 years of age
or greater but less than 20 years of age shall pay 75 percent of the above stated fees, and
any manufactured home 20 years of age or greater shall pay 50 percent of the above stated
fees; and upon payment thereof such owner shall be...
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34-27A-18
Section 34-27A-18 Licensure restrictions. (a) The term "licensed real estate appraiser"
or "certified real estate appraiser" may only be used to refer to individuals who
hold the license and may not be used following or immediately in connection with the name
or signature of a firm, partnership, corporation, or group; or in a manner that it might be
interpreted as referring to a firm, partnership, corporation, group, or anyone other than
an individual holder of the license. (b) No license shall be issued under this article to
a corporation, partnership, firm, or group. This shall not be construed to prevent a licensed
real estate appraiser from signing an appraisal report on behalf of a corporation, partnership,
firm, or group practice licensed to appraise real estate under this article. (c) Authority
to transact business as a licensed real estate appraiser shall be restricted to the person
named in the license and shall not inure to the benefit of any other person. (Acts 1990, No....
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34-27A-10
Section 34-27A-10 Written examinations for licensure. (a) Except as provided in Section 34-27A-7,
an original license as a licensed real estate appraiser shall not be issued to any person
who has not demonstrated through a written examination process that he or she possesses all
of the following: (1) Appropriate knowledge of technical terms commonly used in or related
to real estate appraising, appraisal report writing, and economic concepts applicable to real
estate. (2) Appropriate understanding of the principles of land economics, real estate appraisal
processes, and of problems likely to be encountered in gathering, interpreting, and processing
the data in carrying out appraisal disciplines. (3) Appropriate understanding of the standards
for the development and communication of real estate appraisals as provided in this article.
(4) Appropriate knowledge of the theories of depreciation, cost estimating, methods of capitalization,
and the mathematics of real estate appraisal that...
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34-27A-3
Section 34-27A-3 License required to do certain acts; unlawful behavior; violations; assistance
with appraisal; evaluations. (a) It shall be unlawful for any person, partnership, or corporation,
for a fee or other valuable consideration, or with the intention or expectation of receiving
or collecting a fee or valuable consideration from another, to do any of the following unless
he or she is licensed under this article: (1) To be employed to perform or to perform an appraisal
as defined in this article where the subject property of the assignment lies within the borders
of the State of Alabama. (2) Present himself or herself, or allow himself or herself to be
presented, as being able to perform an appraisal for which a license is required under this
article. (b) It shall be unlawful for a person, other than a licensed real estate appraiser,
to assume or use that title or any title, designation, or abbreviation likely to create the
impression of licensure as a real estate appraiser by...
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40-8-1
or, as may be provided by law, to the current use value of such property: CLASS I. All property
of utilities used in the business of such utilities, 30 percent. CLASS II. All property not
otherwise classified, 20 percent. CLASS III. All agricultural, forest, and residential property,
and historic buildings and sites, 10 percent. CLASS IV. All private passenger automobiles
and motor trucks of the type commonly known as "pickups" or "pickup trucks"
owned and operated by an individual for personal or private use and not for hire, rent,
or compensation, 15 percent. (b) As used herein, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) AGRICULTURAL AND
FOREST PROPERTY. All real property used for raising, harvesting, and selling crops or for
the feeding, breeding, management, raising, sale of, or the production of livestock, including
beef cattle, sheep, swine, horses, ponies, mules, poultry, fur-bearing animals,...
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40-9B-3
23 of this title, or payments required to be made in lieu thereof, shall relieve the seller
from the obligation to collect and pay over the transaction tax as if the sale were to a person
exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE ENERGY RESOURCES.
The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED TRANSACTION TAXES. The transaction
taxes imposed by Chapter 23 of this title, or payments required to be made in lieu thereof,
on tangible personal property and taxable services incorporated into an industrial
development property, the cost of which may be added to capital account with respect to the
property, determined without regard to any rule which permits expenditures properly chargeable
to capital account to be treated as current expenses. (4) DATA PROCESSING CENTER. An establishment
at which not less than 20 new jobs are located, the average annual total compensation, including
benefits, of such new jobs to be not less than...
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41-10-541
such obligations, and which meet the greater of 100% collateralization or the "AA"
collateral levels established by Standard & Poor's Rating Group for structured financings;
and h. Uncollateralized investment agreements with, or certificates of deposit issued by banks
or bank holding companies, the senior long-term securities of which are rated at least "AA"
by Standard & Poor's Rating Group and at least "Aa" by Moody's Investors Service.
(11) FINANCED PROPERTY. All property whether real, personal, or mixed, the costs of
which were or are to be paid or reimbursed in whole or in part with the proceeds of bonds
of the authority or the proceeds of authority-guaranteed obligations. (12) FINANCING AGREEMENT.
Any loan, lease, agreement, grant agreement, financing agreement, credit agreement, security
agreement, mortgage, indenture, guaranty agreement, or other type of agreement entered into
by the authority in connection with the incurring of authority obligations. (13) FUNDING AGREEMENT....
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32-8-87
or any other person pays or makes other monetary settlement to a person when a vehicle is damaged
and the damage to the vehicle is greater than or equal to 75 percent of the fair retail value
of the vehicle prior to damage as set forth in a current edition of a nationally recognized
compilation of retail values, including automated data bases. The compensation for total loss
as defined in this subsection shall not include payments by an insurer or other person for
medical care, bodily injury, vehicle rental, or for anything other than the amount
paid for the actual damage to the motor vehicle. A vehicle that has sustained minor damage
as a result of theft or vandalism shall not be considered a total loss. Any person acquiring
ownership of a damaged motor vehicle that meets the definition of total loss for which a salvage
title has not been issued shall apply for a salvage title, other than a scrap metal processor
acquiring such vehicle for purposes of recycling into metallic...
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