Appraisal Program

SB25-035: Limitations of Actions Against Appraisers Prime Sponsors: Senator Lisa Frizell, Senator Dafna Michaelson Jenet, Representative Chad Clifford, Representative Ron WeinbergIntroduced: January 8, 2025Signed: May 31, 2025Effective Date: August 6, 2025Summary:

OverviewThe Uniform Standards of Professional Appraisal Practice (USPAP) provides guidance on performing an appraisal, however, does not define an “appraiser”.  Therefore, USPAP does not prohibit any person, licensed or unlicensed, from completing an appraisal and/or signing an appraisal report.