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Appraiser groups seek technical fixes to appraisal-management law and mandatory licensing for appraisers
Summary
The Massachusetts Board of Real Estate Appraisers and industry groups asked the committee to advance technical fixes to the 2019 appraisal management statute and to consider a bill to require mandatory licensing of appraisers for consumer protection.
Two related appraisal items drew testimony at the Joint Committee hearing: a technical-fix bill to the 2019 appraisal-management company law and a separate bill to require that appraisals be performed only by licensed appraisers.
Steve Souza, representing the Massachusetts Board of Real Estate Appraisers Association (MBREA), supported House Bill 468, which he said would clarify definitions in the…
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