Bill > HF2400

This bill establishes a standardized approach for disciplining real estate appraisers in Minnesota by requiring the state commissioner to use the Voluntary Disciplinary Sanction Matrix published by the Appraisal Foundation when determining penalties for professional misconduct. The matrix serves as a guideline for consistent and structured disciplinary actions, but the bill also provides flexibility by allowing the commissioner to deviate from the matrix on a case-by-case basis if reasonable mitigating circumstances exist. By creating this framework, the bill aims to ensure fair and transparent disciplinary procedures for real estate appraisers, providing a structured yet adaptable method for addressing potential violations of professional standards. The Appraisal Foundation, a non-governmental organization that sets professional standards for real estate appraisers, will provide the reference matrix that will guide the commissioner's decision-making process in disciplinary matters.

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https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2400&ssn=0&y=2025