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Bill

HB 2477

Concerning actions arising out of real estate appraisal activity.

2025-2026 Regular Session Introduced by Andrew Barkis and 2 co-sponsors

HB 2477 modifies legal liability standards for real estate appraisers in Washington, affecting when and how appraisal-related lawsuits can be filed.

Referred to Rules 2 Review.
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WeVote Research Nonpartisan
Bill Summary · HB 2477

Legislative bill overview

HB 2477 modifies legal liability and accountability standards for real estate appraisers in Washington state. The bill appears to establish or adjust the conditions under which appraisers can be sued for negligence or other claims arising from their professional appraisal activities. A substitute version passed committee with a "do pass" recommendation on February 4, 2026.

Why is this important

Real estate appraisals directly affect property transactions, mortgage lending decisions, and property tax assessments—matters that touch nearly every homeowner and property owner in the state. Changes to appraiser liability standards can influence insurance costs for appraisers, appraisal fees charged to consumers, and the ease with which injured parties can recover damages for faulty appraisals.

Potential points of contention

  • Consumer protection vs. appraiser burden: Stricter liability standards may increase appraiser insurance costs and fees passed to consumers, while weaker standards may leave property owners with limited recourse for negligent appraisals
  • Damages and statute of limitations: The bill may alter how long parties have to sue or what damages can be recovered, affecting both appraisers' exposure and consumers' ability to pursue claims
  • Standards of care definition: Disagreement likely exists over what constitutes professional negligence and whether the bill's standards are reasonable given market conditions and appraiser workloads

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

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