WeVote

Bill

Bill

SB 87

Civil procedure; statute of limitations in civil actions against real estate appraisers established, statute of limitations for complaints to Board of Real Estate Appraisers established

2026 Regular Session Introduced by Greg Albritton

Bill establishes statute of limitations deadlines for civil lawsuits against real estate appraisers and complaints to the state regulatory board.

Read for the Second Time and placed on the Calendar (Judiciary)
0
WeVote Research Nonpartisan
Bill Summary · SB 87

Legislative bill overview

SB 87 establishes statute of limitations timeframes for civil lawsuits against real estate appraisers and sets a deadline for filing complaints with Alabama's Board of Real Estate Appraisers. The bill creates specific legal deadlines within which parties must initiate legal action or formal complaints related to appraisal services.

Why is this important

Statute of limitations laws protect defendants from indefinite liability exposure and provide legal certainty about when claims must be brought. For real estate appraisers, this bill establishes clear boundaries on how long they can be sued, affecting their business operations and insurance requirements. Conversely, this limits the window for property owners or lenders to pursue remedies for negligent or fraudulent appraisals.

Potential points of contention

  • Balance between plaintiff and defendant interests: Shorter statutes of limitations may prevent injured parties from pursuing valid claims if they discover damages late, while protecting appraisers from decades-long liability exposure
  • Appraisal industry protections vs. consumer safeguards: Real estate appraisers may benefit from reduced litigation risk, but homebuyers and lenders could face challenges proving damages from defective appraisals discovered after the deadline
  • Complaint procedures to regulatory board: The specific timeline for Board complaints could affect how quickly professional misconduct is reported and investigated, with implications for public protection

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

Sign in to ask a question.