Bill > HB4928

This bill amends the Michigan Occupational Code to modify regulations for licensed real estate appraisers by removing the 18-month reporting window for filing complaints related to appraiser misconduct. The bill maintains existing provisions that outline grounds for disciplinary action against appraisers, which include violating appraisal standards, failing to exercise diligence, demonstrating incompetence, performing services without proper licensing, and engaging in unethical practices. Specifically, the bill makes a few minor language modifications, such as changing "his or her" to "one's own" and "either or both" to "1 or more" in various sections. The bill also preserves the existing penalty structure, which includes potential fines up to $15,000 and/or imprisonment for up to one year for serious violations, particularly those related to manipulating appraisal outcomes or predetermining appraisal values. By removing the 18-month reporting window, the bill appears to provide more flexibility for filing complaints against appraisers who may have committed misconduct, potentially extending the timeframe for potential disciplinary actions.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4928