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Bill

SB 817

Real Property - Residential Sales - Communications During Appraisal Process

2026 Regular Session Introduced by Antonio Hayes

Maryland bill restricting communications with appraisers during home sales to prevent undue influence and protect appraisal independence in residential transactions.

Hearing 3/11 at 1:00 p.m.
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Bill Summary · SB 817

Legislative bill overview

SB 817 regulates communications between real estate parties and appraisers during the residential property appraisal process in Maryland. The bill establishes rules governing what information and communications can occur between buyers, sellers, lenders, and appraisers to maintain appraisal independence and accuracy.

Why is this important

Appraisals directly determine property values and loan amounts in real estate transactions, affecting both buyer financing and seller proceeds. Controlling communications during appraisals protects against pressure or influence that could bias appraisals upward or downward, which impacts transaction integrity, consumer protection, and lending risk.

Potential points of contention

  • Real estate industry concerns: Sellers and agents may argue the bill limits legitimate communication about property features or recent improvements that appraisers should consider
  • Implementation clarity: The bill may face questions about what constitutes prohibited "influence" versus permissible factual information sharing during the appraisal period
  • Lender compliance: Financial institutions may need operational adjustments if restrictions affect standard lending verification processes or communication timelines

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

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