Ill. Admin. Code tit. 68 § 1455.205

Current through Register Vol. 48, No. 24, June 14, 2024
Section 1455.205 - Record Keeping Requirements

Licensees must retain any communication, including but not limited to written, oral or web form, of an appraisal, appraisal review or appraisal service that is transmitted to the client upon completion of an assignment for a period of at least five years, or at least two years after final disposition of any administrative or judicial proceeding in which the appraiser provided testimony related to the assignment, whichever period expires last.

Ill. Admin. Code tit. 68, § 1455.205

Added at 37 Ill. Reg. 2668, effective April 1, 2013

Amended at 39 Ill. Reg. 7939, effective 6/1/2015
Amended at 42 Ill. Reg. 21599, effective 11/26/2018