HB464 Alabama 2011 Session

Updated Jul 26, 2021

Summary

Primary Sponsor: Jack Williams
Republican
Session: Regular Session 2011
Title: Real Estate Appraisal Management Companies, licensing and regulation by Real Estate Appraisers Board, Real Estate Appraisers Act, renamed the Alabama Real Estate Appraisers and Appraisal Management Company Registration Act, Secs. 34-27A-50 to 34-27A-63, inclusive, added; Secs. 34-27A-1, 34-27A-2 am'd.
Description: Existing law does not provide for the registration of real estate appraisal management companies.
This bill would rename the Alabama Real Estate Appraisers Act the Alabama Real Estate Appraisers and Appraisal Management Company Registration and Regulation Act.
This bill would provide for the licensing and regulation of real estate appraisal management companies by the State of Alabama Real Estate Appraisers Board to maintain appraiser independence as mandated by the federal Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Subjects: Licenses and Licensing

Indefinitely Postponed

Pending third reading on day 20 Favorable from State Government with 1 substitute

Read for the second time and placed on the calendar with 1 substitute and

Read for the first time and referred to the House of Representatives committee on State Government