Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 32. Professions and Occupations |
Chapter 36. REAL ESTATE APPRAISAL |
Article 3. Regulation |
Sec 32-3640. Prohibition; indemnification agreement
Latest version.
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A. Any person, party or entity who hires, engages or communicates with an appraiser directly or through an agent shall not require or attempt to require the appraiser to sign any indemnification agreement that would hold harmless the hiring person, party or entity, its owners, agent's employees or independent contractors from any liability, damage, loss or claim arising from the services performed by the person, party or entity, its owners, agent's employees or independent contractors.
B. This section does not limit liability for services performed by the appraiser.