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SB 223 (2007) c. 291
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SB 223, c. 291: Real estate appraisals.
Prohibits any person with an interest in a real estate transaction involving an appraisal from improperly influencing or attempting to improperly influence a real estate appraisal sought in connection with a mortgage loan, as specified and provides that a violation by an individual licensed by the state is deemed to be a violation of state licensing law. In addition, this bill also expands the prohibition for licensed appraisers from engaging in any appraisal activity where their compensation is affected by that appraisal.