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Bill > HB1021


MD HB1021

MD HB1021
Real Estate Appraisers - Licensure and Certification - Qualifications


summary

Introduced
02/03/2025
In Committee
04/03/2025
Crossed Over
03/17/2025
Passed
04/04/2025
Dead
Signed/Enacted/Adopted
05/06/2025

Introduced Session

2025 Regular Session

Bill Summary

Prohibiting the State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors from requiring an applicant to hold a bachelor's degree or higher to qualify for a certain certification or licensure as a real estate appraiser.

AI Summary

This bill modifies Maryland's laws regarding real estate appraiser licensure and certification by explicitly prohibiting the State Commission of Real Estate Appraisers from requiring a bachelor's degree as a prerequisite for obtaining a real estate appraiser license or residential certification. Specifically, the bill adds language to two sections of law (16-302 and 16-503) that clarify applicants cannot be denied a license or certification solely based on the lack of a college degree. To qualify for a real estate appraiser license or residential certification, applicants must still meet other existing requirements, such as being at least 18 years old, demonstrating good character, completing a minimum number of supervised appraisal hours (1,000 for licensure and 1,500 for certification), and passing an examination. The classroom study for these qualifications can be completed through accredited universities, approved appraisal professional organizations, or other Commission-approved schools. The bill aims to remove educational barriers that might prevent qualified individuals from entering the real estate appraisal profession. The changes will take effect on October 1, 2025.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (2)

Last Action

Approved by the Governor - Chapter 341 (on 05/06/2025)

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