Bill

Bill > H216


MA H216

Defining client, intended use and intended user in real property appraisal assignments and reports


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to the definition of users and intended users in real property appraisal assignments and reports. Consumer Protection and Professional Licensure.

AI Summary

This bill aims to define key terms related to real property appraisal assignments and reports, including "client," "intended use," and "intended user." The bill amends existing laws to specify that appraisal reports are prepared exclusively for the benefit of the appraiser's client or intended user, and that the appraiser is not liable to or subject to disciplinary action from any person other than the client or intended user. This legislation is intended to provide clarity and protection for real estate appraisers in their professional responsibilities.

Committee Categories

Labor and Employment

Sponsors (23)

Last Action

Accompanied a study order, see H5043 (on 10/26/2020)

bill text


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