Establishes a statute of limitations for civil actions and complaints against real estate appraisers in Alabama.

This bill establishes a statute of limitations for civil actions against real estate appraisers in Alabama. It mandates that such actions must be brought within three years of discovery of the act or omission or five years from the date of the appraisal. Additionally, it prohibits the Alabama Real Estate Appraisers Board from considering disciplinary complaints against a real estate appraiser based on appraisals more than five years old. The bill also makes nonsubstantive, technical revisions to update the existing code language to the current style.

Establishes a statute of limitations for civil actions and complaints against real estate appraisers in Alabama.

This bill establishes a statute of limitations for civil actions against real estate appraisers in Alabama. It mandates that such actions must be brought within three years of discovery of the act or omission or five years from the date of the appraisal. Additionally, it prohibits the Alabama Real Estate Appraisers Board from considering disciplinary complaints against a real estate appraiser based on appraisals more than five years old. The bill also makes nonsubstantive, technical revisions to update the existing code language to the current style.