HI HB1830

Requires arbitration awards, records of awards, and supplementary opinions issued under chapter 466K to be designated as public records.

Mandates licensed or certified real estate appraisers serving as arbitrators in submission agreements entered into after July 1, 2014, to record all arbitration awards and supporting documents with the bureau of conveyances within ninety days of the award determination.

Prohibits any agreement between parties or appraisers from precluding or denying the requirement to record awards, records of awards, or supplementary, dissenting, or explanatory opinions.

Requires arbitration award records to include findings of fact, the appraiser's rationale, certification of compliance with Uniform Standards of Professional Appraisal Practice, and information regarding evidence, data, methodologies, and analysis supporting the award.

Establishes that failure to comply with recordation and public disclosure requirements constitutes a violation of real estate appraiser licensing or certification requirements.