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Bill

SD 518

An Act relative to the licensure of appraisers

194th Legislature (2025-2026) Introduced by Mike Brady and 4 co-sponsors

Massachusetts bill modifies appraiser licensure requirements; specific regulatory changes pending committee review.

House concurred
0
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Bill Summary · SD 518

Legislative bill overview

Bill SD 518 proposes changes to Massachusetts' appraiser licensure system. The bill was introduced in February 2025 and has been referred to the House Committee on Consumer Protection and Professional Licensure for review and consideration.

Why is this important

Appraiser licensing standards directly affect the real estate market, mortgage lending processes, and property valuations that impact homebuyers, sellers, and lenders. Changes to licensure requirements can influence the supply of qualified appraisers, licensing costs, and consistency of property valuations across the state.

Potential points of contention

  • Scope of changes unclear: The bill's specific provisions regarding licensure requirements, education standards, or examination procedures are not detailed in available information, making it difficult to assess intended reforms
  • Industry impact: Changes could affect the professional standards, continuing education requirements, or fee structures for existing and prospective appraisers
  • Market implications: Modifications to licensure could influence real estate transaction timelines and costs if they alter appraiser availability or qualification pathways

Compiled from official sources — confirm details with the bill’s official record.

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