Bill
A 6869
Bill A 6869 prohibits discriminatory practices by real estate appraisers, ensuring fair housing compliance and promoting equitable property valuations for marginalized communities.
Title: Prohibits Discriminatory Practices by Real Estate Appraisers and Furthers Fair Housing Compliance
Bill Number: A 6869
Status: Signed into Law (Chapter 435)
Introduced: March 14, 2025
Bill A 6869 aims to combat discrimination in the real estate appraisal process, ensuring that appraisers adhere to fair housing laws. The legislation seeks to promote equity in housing by preventing biased appraisals that can adversely affect property values and access to housing for marginalized communities.
Prohibition of Discriminatory Practices: The bill explicitly prohibits real estate appraisers from engaging in discriminatory practices based on race, ethnicity, gender, religion, disability, or other protected characteristics.
Compliance with Fair Housing Laws: Appraisers are required to comply with existing fair housing laws, reinforcing the legal framework that protects against discrimination in housing.
Training and Certification: The bill may include provisions for training and certification programs aimed at educating appraisers about fair housing practices and the importance of unbiased appraisals.
Enforcement Mechanisms: The legislation establishes mechanisms for reporting and addressing violations, potentially including penalties for appraisers who fail to comply with the new standards.
Real Estate Appraisers: The bill directly impacts appraisers by imposing new standards and compliance requirements.
Homebuyers and Sellers: Individuals seeking to buy or sell property will benefit from fairer appraisal practices, which can lead to more equitable property valuations.
Marginalized Communities: The legislation aims to protect vulnerable populations from discriminatory practices that can hinder their access to housing.
Bill A 6869 represents a significant step towards ensuring fairness in the real estate appraisal process. By prohibiting discriminatory practices and reinforcing compliance with fair housing laws, the legislation aims to create a more equitable housing market for all individuals, particularly those from historically marginalized communities.
Compiled from official sources — confirm details with the bill’s official record.
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