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Legislative Year: 2024 Change

Bill Detail: HB24-1085

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Title Limitation on Actions against Appraisers
Status Senate Committee on Judiciary Postpone Indefinitely (03/18/2024)
Bill Subjects
  • Courts & Judicial
House Sponsors J. Amabile (D)
L. Frizell (R)
Senate Sponsors J. Ginal (D)
R. Gardner (R)
House Committee Business Affairs and Labor
Senate Committee Judiciary
Date Introduced 01/10/2024

Under current law, the statute of limitation to bring a claim against
a real estate appraiser does not commence until the party filing the claim
discovers, or should discover, an alleged defect in the appraisal.
The bill requires a claimant to bring an action against a real estate
appraiser or individual performing a real estate appraisal practice within
3 years after the date of report; except that, if a cause of action arises
during the third year after the date of report, the action must be brought
within 2 years after the date the cause of action arose.

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