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Pennsylvania Passes Law Allowing Limited Broker Price Opinions

Pennsylvania Gov. Tom Wolf signed HB 863, which allows the PA’s real estate brokers, associate brokers and salespeople to provide broker price opinions. The law defines a BPO as “an estimate … that details the probable...more

Ride Sharing May Decrease Values Near Subways And Bus Stops

It is clear that ride sharing has impacted the real estate community. One possible change is the value of properties near subways and bus stops. ...more

NC Announces Assessment Reappraisal Counties

NC has announced that the following counties will begin the tax reassessment appraisal process of real properties in January 2018:-...more

NJ Adopts “Property Taxpayer Bill Of Rights”

New Jersey has adopted a “property taxpayer bill of rights” seeking to assist property owners with the real estate assessment process. New Jersey has one of the nation’s highest property taxes....more

Oregon Establishes Statute Of Limitations On Appraiser Liability

Oregon has enacted legislation establishing a specific statute of limitations on civil actions against appraisers and appraisal firms for real estate appraisal activity. The law takes applies only to appraisals performed...more

Tennessee Enacts New Appraisers Statute Of Limitations Law

Tennessee has enacted a law establishing a new statute of limitations regarding civil lawsuits and disciplinary actions against real estate appraisers. Under HB 376, any action to recover damages against a real estate...more

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