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MS SB2768
Bill
AI Summary
- Creates Section 15-1-83 of Mississippi Code to establish a statute of limitations for civil actions against licensed real estate appraisers
- Civil actions based on real estate appraisals must be filed before expiration of the work file retention period required under the Uniform Standards of Professional Appraisal Practice or within 5 years of the appraisal date, whichever is longer
- Applies to actions against licensed real estate appraisers, certified residential appraisers, certified general real estate appraisers, appraiser trainees, and their employers or affiliated firms
- Effective July 1, 2016
Legislative Description
Real estate appraisals; establish statute of limitations.
Last Action
Died In Committee
2/23/2016
Committee Referrals
Judiciary, Division A2/8/2016
Full Bill Text
No bill text available