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MO SB873
Bill
AI Summary
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Prohibits unlicensed persons from acting as real estate appraisers in Missouri beginning July 1, 1999, requiring licenses or certificates from the Missouri Real Estate Appraisers Commission.
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Allows unlicensed persons to assist state-licensed or state-certified appraisers if personally supervised and if the final appraisal report is reviewed and signed by the licensed appraiser.
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Exempts property owners performing appraisals on their own property, real estate brokers preparing comparative market analyses, and government employees performing appraisals within their employment scope.
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Exempts employees and agents of federal or state-regulated lending agencies and institutions from licensing requirements.
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Exempts persons employed by property owners to represent them in property assessment appeals under chapter 138.
Legislative Description
Creates an exemption from real estate appraiser license requirement for persons representing property owners in appealing assessments
Last Action
Hearing Conducted S Financial and Governmental Organizations and Elections Committee
4/23/2012