New Jersey S1311 prohibits discriminatory practices in real estate appraisals and mandates anti-bias training for appraisers.
New Jersey S1311 codifies the prohibition of discriminatory practices in real estate appraisals, ensuring that appraisers cannot consider factors such as race, religion, or national origin in their evaluations. The bill also requires real estate appraisers to complete a fair housing and appraisal bias education course offered by the Appraisal Qualifications Board of the Appraisal Foundation to meet continuing education requirements. This act aims to promote fairness and equality in property appraisals.
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- Legal Framework
- Critical Issues
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