Bill

Bill > H340


MA H340

MA H340
Defining client, intended use and intended user in real property appraisal assignments and reports


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd 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." It also specifies that appraisal reports are prepared exclusively for the benefit of the appraiser's client or intended user, and that the appraiser is not liable in court or subject to disciplinary action from any person other than the client or intended user. This provides clarity and legal protections for appraisers in their professional activities.

Committee Categories

Labor and Employment

Sponsors (4)

Last Action

Accompanied a study order, see H4880 (on 06/30/2022)

bill text


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