N.Y. Executive Law § 160-z: Retention of records

§ 160-z. Retention of records. 1. A state certified or licensed real

estate appraiser shall retain for three years, originals or true copies

of all written contracts engaging his or her services for real property

appraisal work, and all reports and supporting data assembled and

formulated by the appraiser in preparing the reports.

2. Such period for retention of records is applicable to each

engagement of the services of the appraiser and shall commence upon the

date of the submittal of the appraisal to the client unless, within such

three year period, such appraiser is notified that the appraisal or

report is involved in litigation, in which event the three year period

for the retention of records shall commence upon the date of the final

disposition of such litigation.

3. All records required to be maintained under the provisions of this

article shall be made available by the state certified or licensed real

estate appraiser for inspection and copying by the board on reasonable

notice to such appraiser. All such records copied by the board shall be

kept confidential, except where disclosure of same is required by law or

mandate of a court.