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2018 SESSION

• | print version

SB 655 Appraisal management companies; cap on fees, disclosure.

Introduced by: Jeremy S. McPike | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Appraisal management companies; cap on fees; disclosure. Caps the markup that an appraisal management company adds to the cost of an appraisal conducted by an independent appraiser at 20 percent. The bill also requires the appraisal management company to fully disclose to the client the actual fee that is charged for the services provided by the appraisal management company.

FULL TEXT

• 01/10/18  Senate: Prefiled and ordered printed; offered 01/10/18 18103586D  pdf | impact statement

HISTORY

• 01/10/18  Senate: Prefiled and ordered printed; offered 01/10/18 18103586D
• 01/10/18  Senate: Referred to Committee on General Laws and Technology
• 02/05/18  Senate: Stricken at request of Patron in General Laws and Technology (11-Y 1-N)