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Title: Appraisal Management Company
Alternate Title:
Description: It is unlawful for a person, corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity to directly or indirectly engage or attempt to engage in business as an appraisal management company, to directly or indirectly engage or attempt to perform appraisal management services, or to advertise or hold itself out as engaging in or conducting business as an appraisal management company without first obtaining a license unless an exemption from licensure applies. Refer to Minn. Stat. Chapter 82C. Minnesota Department of Commerce
Subject: Real Property
Creation Date: 1/20/2011 9:23:00 AM
Modification Date: 8/14/2024 9:51:19 AM
Agency Name: Commerce, Minnesota Department of
Agency URL: https://mn.gov/commerce/
Agency Description: The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.
Agency Phone: 651-539-1500
Agency Fax: Agency URL: https://mn.gov/commerce/
Agency Address:
85 7th Place East, Suite 500

St. Paul
MN
55101
Unit Name: Licensing Unit
Unit URL:
Unit Description:
Unit Phone: 651-539-1599
800-420-5644 - Sircon
Unit Fax: Contact person(s): licensing.commerce@state.mn.us
Unit URL:
Audience: Application URL:
Renewal URL:
Versa URL:
Requirements:

Review:

Appraisal Management Company

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It is unlawful for a person, corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity to directly or indirectly engage or attempt to engage in business as an appraisal management company, to directly or indirectly engage or attempt to perform appraisal management services, or to advertise or hold itself out as engaging in or conducting business as an appraisal management company without first obtaining a license unless an exemption from licensure applies.

The law governing this activity is Minn. Stat, Chapter 82C


Rules:
Statutes: 82C

Forms:
Fees:

Initial license fee - $5,000

Renewal fee - $2,500



Period of Issuance:

One year. Expires every August 31.


Length of Determination: 30 days.
Other Info:
Activity: Real Property
License Detail URL:

Appraisal Management Company

Appraiser

Insurance

License Lookup Directory

Minnesota Department of Commerce

   


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