33-28-125. Broker's price opinions.
(a) A licensee may prepare a broker's price opinion:
(i) To a potential seller or third party, recommending a listing price of real estate;
(ii) To a potential buyer or third party, recommending a purchase price of real estate; or
(iii) To any third party, for any purpose permitted by law.
(b) Every printed or electronic broker's price opinion prepared as provided in subsection (a) of this section shall include the statement: "This is an opinion of price and is not a certified appraisal of the market value of the property. If such an appraisal is desired, the service of a certified appraiser must be obtained."
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