N.Y. EXC Law § 160-LLLL
This is the official text of N.Y. EXC Law § 160-LLLL, part of New York’s EXC Law — part of the compiled statutory law of New York, published by the state as "EXC Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Recordkeeping
Official statutory text
§ 160-llll. Recordkeeping. Each appraisal management company shall\nmaintain a detailed record of each service request that it receives and\nthe real estate appraiser that performs such appraisal for the appraisal\nmanagement company. Records shall be maintained for a period of at least\nfive years after such appraisal is completed or two years after final\ndisposition of a judicial proceeding related to such assignment,\nwhichever period expires later. Appraisal management companies shall\nmake records available to the department upon request. Appraisal\nmanagement companies shall also allow the department to examine the\nbooks and records of the appraisal management company and require it to\nsubmit reports, information and documents upon request. Appraisal\nmanagement companies shall also allow the department to verify that the\nappraisers on such panel hold a valid license or certification.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.