Summary
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From the Legislature
Amends the Real Estate Appraiser Licensing Act of 2002. Provides that it is unlawful for a person to act as a data collector without a license issued under the Act. Provides that "data collector" means a person who is hired by an appraisal management company or mortgage lender to inspect and collect data and pictures of a specific tract of real estate for the appraisal management company or mortgage lender with the intent of the data and information, which will be provided to an appraiser for the sole basis of preparation of an appraisal, to support a mortgage on the real estate.
Sponsors
D
1
0
Democratic CaucusRepublican Caucus
Calendar
Mar 4
1:30 PM
Senate Licensed Activities Committee Hearing