Minnesota HF2400 establishes a disciplinary sanction matrix for real estate appraisers, based on the Voluntary Disciplinary Sanction Matrix.
Minnesota HF2400 proposes the creation of a disciplinary sanction matrix for real estate appraisers. The commissioner must use the current version of the Voluntary Disciplinary Sanction Matrix published by the Appraisal Foundation when establishing sanctions. The commissioner may deviate from the matrix on a case-by-case basis if a reasonable mitigating circumstance exists. This bill aims to provide a structured approach to disciplinary actions for real estate appraisers in Minnesota.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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