SB 0327 Modifies provisions of real estate appraiser licensing
Sponsor:Gross Co-Sponsor(s)
LR Number:0824S.01T Fiscal Note:0824-01
Committee:Financial and Governmental Organization, Veterans' Affairs & Elections
Last Action:06/19/03 - Signed by Governor Journal page:
Effective Date:August 28, 2003
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Current Bill Summary

SB 327 - This act provides that the Real Estate Appraisers Commission may require that some or all of the real estate appraising experience of an applicant for licensure be obtained in this state.

Upon request by the Commission, certified and licensed real estate appraisers must make certain records available for inspection or copying at the expense of the appraiser. Currently, when litigation is contemplated, reports and records must be retained for three years after the trial date. This act requires the records and reports to be retained for two years after the final disposition.