Title 9-B: FINANCIAL INSTITUTIONS

Part 4: POWERS AND DUTIES OF FINANCIAL INSTITUTIONS

Chapter 44: SERVICES AND INCIDENTAL ACTIVITIES

§447. Real estate appraisals; copies

A financial institution that imposes a fee on a person for the cost of an appraisal of any real estate shall furnish to the person, at no cost, one copy of the appraisal upon request, if the request is made within 90 days after the financial institution has provided notice of action taken on the application for credit or the date of the closing, whichever is later, or 90 days after the application is withdrawn.   [PL 1999, c. 150, §8 (AMD).]

SECTION HISTORY

PL 1987, c. 265, §2 (NEW). PL 1999, c. 150, §8 (AMD).