Bill

Bill > H276


MA H276

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


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd 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 seeks to define important terms related to real property appraisal assignments and reports, such as "client," "intended use," and "intended user." It also states that an appraisal report or review is prepared exclusively for the benefit of the appraiser's client or intended user, as specified in the report, and that the appraiser cannot be held liable in court or face disciplinary action from a complaint filed by anyone other than the client or intended user.

Committee Categories

Labor and Employment

Sponsors (4)

Last Action

Accompanied a study order, see H4680 (on 05/30/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H276
BillText https://malegislature.gov/Bills/193/H276.pdf
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