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35-6A-6
Section 35-6A-6 Determination of value of property; appraisal; notice and hearing. (a) Except
as otherwise provided in subsection (b) and subsection (c), if the court determines that the
property that is the subject of a partition action is heirs property, the court shall determine
the fair market value of the property by ordering an appraisal pursuant to subsection (d).
(b) If all cotenants have agreed to the value of the property or to another method of valuation,
the court shall adopt that value or the value produced by the agreed method of valuation.
(c) If the court determines that the evidentiary value of an appraisal is outweighed by the
cost of the appraisal, the court, after an evidentiary hearing, shall determine the fair market
value of the property and send notice to the parties of the value. (d) If the court orders
an appraisal, the court shall appoint a disinterested real estate appraiser licensed in this
state to determine the fair market value of the property assuming...
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34-27A-11.1
Section 34-27A-11.1 Reclassification of licensed real estate appraisers as registered real
property appraisers. Existing appraisers who are licensed as licensed real estate appraisers
(ALs) may reclassify into the registered real property appraiser classification by submitting
a log of 1,000 hours. The board may select three reports for review for compliance with the
Uniform Standards of Professional Appraisal Practice (USPAP). (Acts 1995, No. 95-308, p. 560,
§2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27A-11.1.htm - 779 bytes - Match Info - Similar pages
34-27A-20
Section 34-27A-20 Revocation or suspension of license - Grounds; disciplinary proceedings;
administrative fines. (a) The board may investigate the actions of a licensed real property
appraiser on complaint or on its own motion, and may revoke or suspend the license, levy fines
as provided in subsection (c), require completion of education courses, or discipline by public
and no more than two private reprimands per licensed real property appraiser for any of the
following acts or omissions: (1) Procuring or attempting to procure a license or certificate
pursuant to this article by knowingly making a false statement, submitting false information,
refusing to provide complete information in response to a question in an application for a
license, or through any form of fraud or misrepresentation. (2) Failing to meet the minimum
qualifications established by this article. (3) Paying money other than authorized by this
article to any member or employee of the board to procure a license under...
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34-27A-12
Section 34-27A-12 Written reports, etc., to be furnished by applicant. (a) An original certificate
for any classification as a licensed real estate appraiser shall not be issued to any person
who does not possess the required experience, if any, in real property appraisal supported
by adequate written reports, file memoranda, or other evidence satisfactory to the board.
(b) Each applicant for licensure shall furnish, under oath, a detailed listing of the real
estate appraisal reports or file memoranda for each year for which experience is claimed by
the applicant. Upon request, the applicant shall make available to the board for examination
appraisal reports or records which the applicant has prepared. At all times the confidential
relationship between the appraiser and the client shall be maintained. (Acts 1990, No. 90-639,
p. 1175, §12; Acts 1994, No. 94-117, p. 128, §1.)...
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18-1A-3
Section 18-1A-3 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) ACTION. Condemnation
action. (2) APPRAISAL. An opinion as to the value of or compensation payable for property,
prepared by the owner or under the direction of an individual qualified by knowledge, skill,
experience, training, or education to express an opinion as to the value of property. (3)
BUSINESS. A lawful activity, whether or not for profit, other than a farm operation, conducted
primarily for the purchase, sale, lease, rental, manufacture, processing, or marketing of
products, commodities, or other property, or for providing services. (4) CONDEMN. To take
property under the power of eminent domain. (5) CONDEMNATION ACTION. Includes all acts incident
to the process of condemning property after commencement of suit until the entry of final
judgment. (6) CONDEMNEE. A person who has or claims an interest in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/18-1A-3.htm - 3K - Match Info - Similar pages
18-4-14
Section 18-4-14 Procedure for acquiring real property. Whenever real property is acquired by
a state agency in connection with any programs or projects, the acquisition shall be conducted,
to the greatest extent practicable, in accordance with the following: (1) An agency shall
make every reasonable effort to acquire, expeditiously, real property by negotiation. (2)
Real property shall be appraised before the initiation of negotiations, and the owner or his
or her designated representative shall be given an opportunity to accompany the appraiser
during his or her inspection of the property. (3) Before the initiation of negotiations for
real property, the state agency concerned shall establish an amount which it believes to be
just compensation for the property and shall make a prompt offer to acquire the property for
the full amount established. In no event shall the amount be less than the approved appraisal
of the fair market value of the property by the agency. Any decrease or...
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45-42-200.06
Section 45-42-200.06 Sworn statement of value. In all cases where the amount to be paid for
a license depends upon the amount of capital invested or the true value or property or real
estate or the value of goods or stock, or the amount of sales and receipts, or any other facts
or condition, it shall be the duty of the person applying for such license to render to the
commissioner a sworn statement of the amount of the capital invested, the true value of the
property or real estate or the value of the stock, the amount of sales and receipts, and such
other information as may be required by the commissioner to determine the character of the
license and the amount to be paid for the same. (Act 84-804, p. 221, § 7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-42-200.06.htm - 1K - Match Info - Similar pages
34-27A-29
Section 34-27A-29 Compliance with federal law; membership in organization not to be grounds
for granting or denying license. It is the intent of the Legislature of the State of Alabama
that this article fully comply with the provisions of the Financial Institutions Reform, Recovery
and Enforcement Act of 1989, Pub.L. No. 101-73, any amendments thereto and regulations issued
thereunder, and the board shall adopt administrative rules and regulations accordingly. The
board shall not grant or deny a license for any classification of real estate appraiser by
virtue of membership in or lack of membership in any particular appraisal organization. (Acts
1990, No. 90-639, p. 1175, §31; Acts 1994, No. 94-117, p. 128, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27A-29.htm - 1K - Match Info - Similar pages
11-54B-49
Section 11-54B-49 Amendment of the self-help business improvement district ordinance. (a) The
governing body of the municipality may amend an ordinance relating to the self-help business
improvement district upon the written request of a representative group of the owners of the
nonexempt real property located within the geographical area of the district. The request
shall specify the desired amendment or amendments which should be made by the governing body
of the municipality to the self-help business improvement district ordinance. The request
shall also include the signatures of the owners of the nonexempt real property comprising
at least 60 percent of the total fair market value of all real property located in the district,
or the owners of at least 50 percent of the parcels of property located within the district;
or, alternatively with respect to a district funded by assessments against a particular class
of businesses, the signatures of the owners of businesses, consistent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54B-49.htm - 5K - Match Info - Similar pages
24-8-6
Section 24-8-6 Discrimination in residential real estate related transactions. (a) It shall
be unlawful for any person or other entity whose business includes engaging in residential
real estate related transactions to discriminate against any person in making available such
a transaction, or in the terms or conditions of the transaction, because of race, color, religion,
sex, handicap, familial status, or national origin. (b) As used in this section, "residential
real estate related transaction" means any of the following: (1) The making or purchasing
of loans or providing other financial assistance: a. For purchasing, constructing, improving,
repairing, or maintaining a dwelling; or b. Secured by residential real estate; or (2) The
selling, brokering, or appraising of residential real property. (c) Nothing in this chapter
prohibits a person engaged in the business of furnishing appraisals of real property to take
into consideration factors other than race, color, religion, national...
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