Maryland SB477 modifies civil actions related to real estate appraisals by setting a statute of limitations and record retention requirements.
Maryland SB477 amends civil actions concerning real estate appraisals by establishing a statute of limitations and record retention requirements. The bill applies to civil actions for damages against a person for an alleged act or omission related to the performance, review, supervision, or management of an appraisal. It excludes administrative actions and cases where knowledge of the civil action was concealed by fraud.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.