Summary
Under current law, the statute of limitation to bring a claim against a real estate appraiser begins to run when the party discovers an alleged defect in the appraisal. HB24-1085 would require a claimant to bring an action against a real estate appraiser within 5 years after the date of the appraisal report, except that an action for fraud must be brought within 3 years after the cause of action accrues.
Legislative Updates
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