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Bill > S1311


NJ S1311

NJ S1311
Codifies prohibition of discriminatory practices in real estate appraisals and requires real estate appraisers to complete anti-bias training.


summary

Introduced
01/09/2024
In Committee
05/06/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

Codifies prohibition of discriminatory practices in real estate appraisals and requires real estate appraisers to complete anti-bias training.

AI Summary

This bill prohibits real estate appraisers, who hold licenses or certifications under New Jersey law (specifically P.L.1991, c.68 and P.L.2017, c.72), from considering protected characteristics such as race, color, religion, sex, sexual orientation, gender identity, age, marital status, disability, familial status, or national origin when conducting a real estate appraisal, and this prohibition applies to the current or prospective owners or occupants of the property or those in the vicinity. Additionally, the bill amends existing law to require that as part of their continuing education requirements, real estate appraisers must complete a course on fair housing and appraisal bias, which is a crucial component for ensuring equitable practices in the real estate industry.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Substituted by A2280 (1R) (on 05/20/2024)

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