An Act defining client, intended use and intended user in real property appraisal assignments and reports

This bill amends Massachusetts real estate appraisal laws to formally define the terms "client," "intended use," and "intended user" within appraisal assignments and reports. It establishes that an appraisal report is prepared exclusively for the benefit of the appraiser's client or intended user as identified at the time of the assignment. Consequently, the bill limits legal liability and disciplinary complaints to these specific parties, preventing other individuals from suing appraisers or filing complaints with licensing authorities. These changes directly affect real estate appraisers and the specific parties they work with to clarify professional responsibilities and legal protections.