Requires disclosure when farm appraisal is performed by a non-licensed individual.
Adds the definition of evaluation for purposes of appraisal of real property.
Allows board to issue to licensed/certified appraisers digital copy of their credentials.
Permits an appraiser who failed to renew the opportunity to do so upon payment of late renewal fee and demonstration that they can resume practice will skill and safety.
Legislative History
On Feb. 12, 2024, bill introduced in House; on Feb. 23, 2024, bill passed House.
On Feb. 26, 2024, bill introduced in Senate; on Mar. 4, 2024, bill passed Senate.
Effectiveness
Upon approval by governor or veto override, HB 5582 will be effective immediately.
Mar. 27, 2024 WV LEG Governor Approval
On Mar. 27, 2024, WV LEG governor approved bill, becomes effective Jun. 5, 2024.