HB4950 amends the Real Estate Appraiser Licensing Act of 2002, modifying licensing requirements and disciplinary actions for real estate appraisers.
HB4950 amends the Real Estate Appraiser Licensing Act of 2002 by changing various sections to update licensing requirements, disciplinary actions, and definitions. It modifies the grounds for disciplinary action against appraisers, including new provisions for violations related to federal fair housing laws and misleading advertising. The bill also adjusts the Real Estate Appraisal Administration and Disciplinary Board's composition and functions, including the appointment process and member terms.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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