Summary
Under current law, the statute of limitation to bring a claim against a real estate appraiser begins to run when the party discovers an alleged defect in the appraisal. HB24-1085 would require a claimant to bring an action against a real estate appraiser within 5 years after the date of the appraisal report, except that an action for fraud must be brought within 3 years after the cause of action accrues.
Legislative Updates
- 2024-03-18 / Failed
Senate Committee on Judiciary Postpone Indefinitely - 2024-02-20 / Engrossed
Introduced in Senate - Assigned to Judiciary - 2024-02-12
House Third Reading Passed - No Amendments - 2024-02-09
House Second Reading Special Order - Passed with Amendments - Committee - 2024-02-06
House Second Reading Laid Over Daily - No Amendments - 2024-02-01 / Introduced
House Committee on Business Affairs & Labor Refer Amended to House Committee of the Whole - 2024-01-10
Introduced In House - Assigned to Business Affairs & Labor
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