Bill

Bill > H1975


MA H1975

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


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th 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 defines key terms in real property appraisal assignments and reports, including "client" (the party who engages the appraiser), "intended use" (the uses of the appraisal as identified by the appraiser), and "intended user" (the client and any other party identified as a user of the appraisal). The bill also specifies that appraisal reports are prepared exclusively for the benefit of the client or intended user, and that appraisers are not liable in court or subject to disciplinary action from complaints filed by anyone other than the client or intended user.

Committee Categories

Labor and Employment

Sponsors (4)

Last Action

Accompanied a study order, see H4638 (on 07/02/2018)

bill text


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