SB53 Alabama 2018 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2018
Title
Appraisers and appraisal managerial companies, fees charged to be disclosed separately and distinctly, Alabama Real Estate Appraisers Board may adopt rules
Description
<p class="bill_description"> Under existing law, an appraisal management
company may coordinate the appraisal of real estate
for a fee</p><p class="bill_description">
This bill would require the appraisal fee
and any fee charged by the appraisal management
company to be disclosed separately and distinctly
on the closing statement</p><p class="bill_description">
This bill would also authorize the Alabama
Real Estate Appraisers Board to adopt applicable
rules</p><p class="bill_entitled_an_act"> Relating to real estate appraisers and appraisal
management companies; to require the disclosure of certain
appraisal fees; and to authorize the Alabama Real Estate
Appraisers Board to adopt applicable rules.
</p>
Subjects
Appraisals
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 9, 2018 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 15, 2017 | Room 727 at 15:30 | Senate C&E Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB53 Alabama 2018 Session - Introduced |