New Portal for Real Estate Appraisers and Appraisal Management Companies
This act establishes a central online system for real estate appraisers and appraisal management companies. It will simplify license applications and renewals, and streamline information exchange between appraisers and state agencies. Citizens may benefit from a faster and more transparent property appraisal process.
Key points
Creation of a Portal for appraiser credentialing and appraisal management company registration, simplifying administrative processes.
The Portal will allow central submission of license, certification, and registration applications, including fees and criminal background checks.
State agencies will have easier access to appraiser data, potentially speeding up approval and oversight processes.
Status:
Expired
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