| SB 0327 | Modifies provisions of real estate appraiser licensing |
| Sponsor: | Gross | Co-Sponsor(s) | ||
| LR Number: | 0824S.01T | Fiscal Note: | 0824-01 | |
| Committee: | Financial and Governmental Organization, Veterans' Affairs & Elections | |||
| Last Action: | 06/19/03 - Signed by Governor | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2003 | |||
SB 327 - This act provides that the Real Estate Appraisers Commission may require that some or all of the real estate appraising experience of an applicant for licensure be obtained in this state.
Upon request by the Commission, certified and licensed real
estate appraisers must make certain records available for
inspection or copying at the expense of the appraiser.
Currently, when litigation is contemplated, reports and records
must be retained for three years after the trial date. This act
requires the records and reports to be retained for two years
after the final disposition.
JIM ERTLE