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extended for a period of 6 months from the expiration date of the | | original license upon request of the license holder and as | | necessary to fulfill the terms of the contract for appraisal | | services. |
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| | | Sec. 6. 37-B MRSA §264, sub-§1, as enacted by PL 1995, c. 684, §3, is | | amended to read: |
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| | | 1. Sale of property; proceeds. The Adjutant General shall | | designate an officer to inspect military property, real and | | personal, and may condemn any inspected property that the | | Adjutant General determines to be unfit for use by the military. | | Property condemned under this subsection may be sold by the | | Adjutant General. Real property condemned under this subsection | | may not be sold for less than its appraised value as determined | | by a person licensed as a real estate appraiser under Title 32, | chapter 123 |
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| | | All proceeds from the sale of condemned property must be paid | | into the State Treasury and credited to the Capital Repair | | Account of the Military Bureau established under section 154. |
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| | | The purpose of this bill is to organize the current law in a | | way that will clarify the licensing requirements and standards of | | practice for real estate appraisers. This bill organizes the | | current law into separate subchapters containing general | | provisions, establishing the Board of Real Estate Appraisers and | | setting forth the licensing requirements and standards for | | appraisers. |
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| | | In addition, the proposed changes define the scope of practice | | for each level of appraiser licensure. |
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