Iowa Code § 522F.6
Appraisers payment
Iowa · Iowa Code Chapter 522F — Licensing and Regulation of Appraisers and Umpires · Status: effective
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- Citation
- Iowa Code § 522F.6, Appraisers payment, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2266211
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Full text
1. Each party to an appraisal shall be responsible for the following:
a. The party’s own appraiser’s fees and expenses.
b. An equal share of all reasonable and necessary fees and expenses incurred by an umpire, if necessary.
c. An equal share of all reasonable and necessary costs incurred in the course of conducting the appraisal.
2. An appraiser shall not charge any party on a basis dependent on the outcome of the written itemized award, or charge in a manner that relies on a barter arrangement, gift, favor, or in-kind exchange.
3. An appraiser shall not charge, and is not entitled to, a fee, compensation, deposit, or other type of consideration if the appraiser abandons the appraisal prior to the umpire issuing a written itemized award.