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Bill > HF1768


MN HF1768

MN HF1768
Real estate appraiser continuing education requirements modified.


summary

Introduced
03/01/2021
In Committee
04/09/2021
Crossed Over
Passed
Dead
05/23/2022

Introduced Session

92nd Legislature 2021-2022

Bill Summary

A bill for an act relating to commerce; modifying requirements for real estate appraiser continuing education; amending Minnesota Statutes 2020, sections 45.305, subdivision 1, by adding a subdivision; 45.306, by adding a subdivision; 45.33, subdivision 1, by adding a subdivision; 82B.021, by adding subdivisions; 82B.03, by adding a subdivision; 82B.195, by adding a subdivision; proposing coding for new law in Minnesota Statutes, chapter 82B; repealing Minnesota Statutes 2020, section 45.306, subdivision 1.

AI Summary

This bill modifies the requirements for real estate appraiser continuing education in Minnesota. It amends several sections of the Minnesota Statutes to allow for the design and delivery of appraiser prelicense and continuing education courses to be approved by the Appraiser Qualifications Board of the Appraisal Foundation, rather than the International Distance Education Certification Center (IDECC). The bill also adds provisions related to evaluations conducted by licensed real estate appraisers, which are not considered real estate appraisal activity and are not subject to the appraiser licensing chapter. Additionally, the bill requires real property appraisers to complete a continuing education course on valuation bias within two years of receiving their license.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Author added Bernardy (on 05/03/2021)

bill text


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