An Act updating real estate appraiser record retention requirements
This bill updates the rules for how long real estate appraisers in Massachusetts must keep their work records. It requires certified general, certified residential, and licensed appraisers to store original contracts, appraisal reports, and supporting data for at least five years after the work is done. If an appraiser has testified in a court case related to an assignment, they must keep those records for two years after the legal process ends, whichever time period lasts longer. The change directly affects all licensed and certified appraisers in the state by extending the standard retention period and clarifying requirements for those involved in legal proceedings.
Bill status
passed
3 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Nov 2023
Senate Passage
Feb 2023
Governor
Introduced Feb 16, 2023
Last action Nov 20, 2023
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
7
Key actions
3
Committee
3
Nov 20, 2023
Lower · Passed
Committee reported that the matter be placed in the Orders of the Day for the next sitting
lower
Oct 18, 2023
Lower · Passed
Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling
lower
Feb 16, 2023
Upper · Passed
Senate concurred
upper
Feb 16, 2023
Committee
Referred to the committee on Consumer Protection and Professional Licensure
lower
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Dan Hunt
DDemocratic
Co
Dan Donahue
DDemocratic
Co
David DeCoste
RRepublican
Co
Josh Cutler
DDemocratic
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