|
40-9F-32
Section 40-9F-32 Procedures for rehabilitation of qualified structures; tax credits; review;
audit; fees; report to Legislature. (a) The commission shall develop standards for the approval
of the substantial rehabilitation of qualified structures for which a tax credit is sought.
The standards shall take into account whether the substantial rehabilitation of a qualified
structure is consistent with the historic character of the structure or of the Registered
Historic District in which the property is located. (b) Prior to beginning any substantial
rehabilitation work on a qualified structure, the owner shall submit an application and rehabilitation
plan to the commission and an estimate of the qualified rehabilitation expenditures under
the rehabilitation plan; provided, however, that the owner, at its own risk, may incur qualified
rehabilitation expenditures no earlier than six months prior to the submission of the application
and rehabilitation plan that are limited to architectural,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-9F-32.htm - 10K - Match Info - Similar pages
10A-10-1.07
Section 10A-10-1.07 Classification of shares. (a) A real estate investment trust may provide
by its declaration of trust any of the following: (1) That any specified class of shares is
preferred over another class as to its distributive share of the assets on voluntary or involuntary
liquidation of the real estate investment trust and the amount of the preference. (2) That
any specified class of shares may be redeemed at the option of the real estate investment
trust or of the holders of the shares and the terms and conditions of redemption, including
the time and price of redemption. (3) That any specified class of shares is convertible into
shares of one or more classes and the terms and conditions of conversion. (4) That the holders
of any specified securities issued or to be issued by the real estate investment trust have
any voting or other rights which, by law, are or may be conferred on shareholders. (5) For
any other preferences, rights, restrictions, including restrictions on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-10-1.07.htm - 5K - Match Info - Similar pages
34-27A-4
Section 34-27A-4 Board created; composition; meetings; compensation. There is established the
Alabama Real Estate Appraisers Board. The board shall consist of nine members, one of whom
shall be a qualified individual from the general public, seven of whom shall be real property
appraisers, and, beginning on October 1, 2011, one of whom shall be a representative of an
appraisal management company. Each member of the board, except for the representative of the
appraisal management company, shall be a citizen of this state and no less than two of the
nine board members shall be of a minority race. The overall membership of the board shall
be inclusive and reflect the racial, gender, geographic, urban/rural, and economic diversity
of the state. The Governor shall appoint the members of the Real Estate Appraisers Board.
One appraiser member shall be appointed from each United States Congressional District in
this state. The term of each board member shall be three years; except that, of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27A-4.htm - 4K - Match Info - Similar pages
34-8-2
Section 34-8-2 Licensure and classification of contractors. (a) Any person desiring to be licensed
or desiring a renewal of an existing license as a general contractor in this state shall be
a citizen of the United States or, if not a citizen of the United States, a person who is
legally present in the United States with appropriate documentation from the federal government,
and shall make and file with the board, not less than 30 days prior to any regular meeting
thereof, a written application on a form as prescribed for examination by the board and the
application shall be accompanied by three hundred dollars ($300) for a new application or
two hundred dollars ($200) in case of a renewal. If a licensee fails to renew his or her license
within 90 days following expiration of the previous license, a late penalty of fifty dollars
($50) shall be collected, upon renewal, in addition to the renewal fee. The applicant shall
apply for a license covering the type or types of contracts on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-8-2.htm - 6K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27A-10.htm - 2K - Match Info - Similar pages
34-27A-22
Section 34-27A-22 Revocation or suspension of license - Hearing; findings; judicial review
as to questions of law. (a) The hearing on the charges shall be at a time and place prescribed
by the board and in accordance with this article. (b) If the board determines that a licensed
real estate appraiser is guilty of a violation of this article, it shall prepare a finding
of fact and recommend that the appraiser be reprimanded or that his or her license be suspended
or revoked. The decision and order of the board shall be final. (c) Any final decision or
order of the board shall be reviewable by a court of appropriate jurisdiction as to the questions
of law only. Any application for review made by an aggrieved party shall be filed within 30
days after the final decision or order of the board. (d) If an application for review of a
final decision or order of the board is filed, the case shall be fixed for trial within 30
days from the filing of an answer by the board. If the court finds that...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27A-22.htm - 1K - Match Info - Similar pages
36-25-9
Section 36-25-9 Service on regulatory boards and commissions regulating business with which
person associated; members who have financial interest in matter prohibited from voting. (a)
Unless expressly provided otherwise by law, no person shall serve as a member or employee
of a state, county, or municipal regulatory board or commission or other body that regulates
any business with which he is associated. Nothing herein shall prohibit real estate brokers,
agents, developers, appraisers, mortgage bankers, or other persons in the real estate field,
or other state-licensed professionals, from serving on any planning boards or commissions,
housing authorities, zoning board, board of adjustment, code enforcement board, industrial
board, utilities board, state board, or commission. (b) All county or municipal regulatory
boards, authorities, or commissions currently comprised of any real estate brokers, agents,
developers, appraisers, mortgage bankers, or other persons in the real estate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-25-9.htm - 2K - Match Info - Similar pages
34-27-81
Section 34-27-81 Definitions. As used in this article, the following words shall have the following
meanings: (1) AGENCY AGREEMENT. A written agreement between a broker and a client which creates
a fiduciary relationship between the broker and a principal, who is commonly referred to as
a client. (2) BROKER. Any person licensed as a real estate broker pursuant to Articles 1 and
2 of this chapter. (3) BROKERAGE AGREEMENT. A specific written agreement between a brokerage
firm and a consumer which establishes a brokerage relationship. The brokerage agreement shall
contain a statement of the terms and conditions of the brokerage services to be provided.
(4) BROKERAGE SERVICE. Any service, except for rental or property management services, provided
by a broker or licensee to another person and includes all activities for which a real estate
license is required under Articles 1 and 2 of this chapter. (5) CONSUMER. A person who obtains
information, advice, or services concerning real estate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27-81.htm - 4K - Match Info - Similar pages
34-27A-15
Section 34-27A-15 Renewal license - Time for application and payment of fee; evidence of continuing
education; extension; late renewal. (a)(1) To obtain a renewal license for any real estate
appraiser classification, the holder of a current, valid license shall make application and
pay the prescribed fee to the board between September 1 and September 30, and shall be delinquent
after September 30. With the application for renewal, the licensed real estate appraiser shall
present evidence in the form prescribed by the board of having completed the continuing education
requirements for renewal specified by the board. (2) If the board determines that an applicant
has failed to meet the requirements for renewal of a license through mistake, misunderstanding,
or circumstances beyond the control of the applicant, the board may extend the term of the
license for a period not to exceed six months, upon payment by the applicant of a prescribed
fee set by the board for the extension. (3) If the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27A-15.htm - 1K - Match Info - Similar pages
34-27A-16
Section 34-27A-16 Principal place of business; notice of change; notice of residence address.
(a) The principal place of business referred to in this article shall be located in the State
of Alabama and each licensed real estate appraiser shall advise the board of the address of
his or her principal place of business and all other addresses at which he or she is currently
engaged in the business of preparing real property appraisal reports. (b) Whenever a licensed
real estate appraiser changes a place of business, he or she shall immediately give written
notification of the change to the board. (c) Every licensed real estate appraiser shall notify
the board of his or her current resident address. Residence addresses on file with the board
are exempt from disclosure as public records. (Acts 1990, No. 90-639, p. 1175, §16; Acts
1994, No. 94-117, p. 128, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27A-16.htm - 1K - Match Info - Similar pages
|