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IL HB5881

Bill

Official Source

Status

Introduced

2/11/2016

Primary Sponsor

Robert Rita

Click for details

Origin

House of Representatives

99th General Assembly

AI Summary

  • Amends the Real Estate Appraiser Licensing Act of 2002 by adding Section 10-18
  • Requires real estate closing documents to separately itemize fees paid to appraisers from fees paid to appraisal management companies
  • Applies to any closing document that displays real estate appraisal fees

Legislative Description

REAL ESTATE CLOSING DOCUMENTS

Last Action

House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee

4/8/2016

Committee Referrals

Rules4/8/2016
Business Occupational Licenses3/23/2016
Rules2/11/2016

Full Bill Text

No bill text available