Update: A new bill (A-5185) has been introduced in NJ on this same subject with more detailed requirements. A new article has been posted here. New Jersey has become the second state in which legislation has been introduced this year to address current allegations of discrimination in residential appraising. Introduced Read more…
Update: On December 18, 2020, the Supreme Court denied LREAB’s request for a stay of the FTC’s action underlying the potential appeal — this means that, even while LREAB pursues a potential appeal to the Supreme Court, the FTC case will go forward. The first case about real estate appraisers Read more…
In Illinois, a bill (HB 5862) has been introduced to amend the Illinois Real Estate Appraiser Licensing Act and the Real Estate License Act to expressly prohibit discrimination in appraisals, broker price opinions (BPOs) and comparative market analyses (CMAs) for residential real estate. The bill would amend each licensing act Read more…
Please consider one of my current appraiser CE classes “Liability Issues for Appraisers Performing Litigation and Non-Lending Work”Live on Zoom, November 11, 10:00 am to 1:00 pm Pacific Time, Price $59.953 CE hours, BREA Course No. 18CP119903003Course Provider LIA Insurance AdministratorsThis presentation is co-hosted by Appraiser eLearning “Appraiser Liability 101: Essential Concepts”Online Read more…
“Wow. I did not go into the basement on my last visit.”
It’s not only real estate appraisals and business valuations that lead to lawsuits alleging professional negligence and violations of practice standards. Personal property appraisers receive their fair share of claims too – often with interesting stories. In this new case, ACF FinCo I LP, which describes itself as an asset-based Read more…
Appellate decision issued in the long-standing fight between the Louisiana Real Estate Appraisers Board and the U.S. Federal Trade Commission about “customary and reasonable” appraisal fees.
This month, I’m presenting special virtual offerings of my regular 2 and 3-hour live CE classes focused on appraiser legal subjects. Due to state CE approval requirements, these classes are for CE credit in California only. LIA Administrators & Insurance Services (www.liability.com) is the sponsor and registered provider – which enables me to Read more…
This webinar occurred June 11, 2020. Later that day, the California Assembly voted in favor of AB 1850 that includes an exemption for contractor appraisers from the “ABC test” in AB 5. I’ll be hosting another free webinar for California appraisers from the Christensen Law Firm on June 11, 2020 Read more…
This webinar already has occurred. Links to the slides used in the presentation are below. Thank you, Peter Christensen Free video webinar: “Legal and Risk Issues 2.0 for Real Estate Appraisers Stemming from the COVID-19 Crisis.” Scheduled for April 10, 2020 at 9:30 a.m. Pacific. For those who cannot watch live, a Read more…