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 Back | 144th General Assembly
Senate Bill # 179 w/SA 1 |
| Primary Sponsor: | Sokola | Additional Sponsor(s): Rep. Valihura |
| CoSponsors: | Sens. Bunting Connor McDowell,Reps. Hudson Longhurst Maier Viola |
| Introduced on : | 09/18/2007 | |
| Long Title: | AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO REAL ESTATE APPRAISAL . |
| Synopsis: | Section 1 of this Bill revises the definition of “appraisal” to eliminate circular language and enables the enforcement of the penalty for unlicensed practice.
Section 2 of the Bill adds a definition of “real estate appraiser” which was removed from the statute in the last statutory revision. The added definition differs from the prior definition in that the qualification that the activity must be performed “for compensation or valuable consideration” has been removed. The definition is necessary because the term “real estate appraiser” is used throughout the statute.
Section 3 of this Bill changes the configuration of the Council to alleviate difficulty in identifying a licensed real estate appraiser willing to sit and remain on the Council. As a result, of the four seats slated for professional members there will be one certified general real property appraiser and at least 2 certified residential appraisers and the Council will have the option of filling the remaining one of these four seats with a licensed residential appraiser, an additional certified residential appraiser or an additional certified general real property appraiser. These four seats will be complemented by the same additional members—three public members, one certified residential appraiser who primarily works as a broker, and one banker
Section 4 of the Bill revises the section which requires licensure to clarify that engaging in the act of appraising, as well as holding oneself out as an appraiser, is unlawful unless the person is licensed or certified under the chapter.
Section 5 of this Bill revises Section 4009 to bring the Council’s statute into compliance with the latest federally-mandated Uniform Standards of Professional Appraisal Practice.
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| Amendments: |
SA 1 to SB 179 - Passed
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| Committee Reports: |
Senate Committee report 01/16/08 F=0 M=5 U=0----->
House Committee Report 03/18/08 F=0 M=3 U=0----> |
| Voting Reports: |
Senate vote: () Passed 1/17/08 3:44:17 PM------->
House vote: () Passed 6/30/08 4:57:15 PM-------> |
| Engrossed Version: |
Engrossment-------> |
Actions History:
| Jul 16, 2008 - Signed by Governor
Jun 30, 2008 - Passed by House of Representatives. Votes: Passed 40 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Mar 18, 2008 - Reported Out of Committee (POLICY ANALYSIS & GOVERNMENT ACCOUNTABILITY) in House with 3 On Its Merits
Jan 22, 2008 - Introduced and Assigned to Policy Analysis & Government Accountability Committee in House
Jan 17, 2008 - Passed by Senate. Votes: 20 YES 0 NO 0 NOT VOTING 1 ABSENT
Jan 17, 2008 - Amendment SA 1 - Passed by Senate. Votes: 18 YES 0 NO 0 NOT VOTING 3 ABSENT
Jan 17, 2008 - Amendment SA 1 - Introduced in Senate
Jan 16, 2008 - Reported Out of Committee (SUNSET) in Senate with 5 On Its Merits
Sep 18, 2007 - Assigned to Sunset Committee in Senate
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