Amended IN Senate January 17, 2018 Amended IN Senate January 03, 2018 Amended IN Senate March 30, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 70Introduced by Senator BatesJanuary 09, 2017 An act to amend Section 11319 of the Business and Professions Code, relating to real estate.LEGISLATIVE COUNSEL'S DIGESTSB 70, as amended, Bates. Real estate: Uniform Standards of Professional Appraisal Practice.Existing law, the Real Estate Law, provides for the licensure, certification, and regulation of persons who engage in specified real estate appraisal activity by the Chief of the Bureau of Real Estate Appraisers. That law makes the Uniform Standards of Professional Appraisal Practice the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards.This bill would instead provide that a licensee is not required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client, if certain requirements are met, including that the consent of the client is obtained in advance.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 11319 of the Business and Professions Code is amended to read:11319. (a) Notwithstanding any other provision of this code, except as provided in subdivision (b), the Uniform Standards of Professional Appraisal Practice constitute the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards. If a licensee also is certified by the Board of Equalization, he or she shall follow the standards established by the Board of Equalization when fulfilling his or her responsibilities for assessment purposes.(b) Notwithstanding subdivision (a), a licensee shall not be required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client if both all of the following are met:(1) The licensee obtains the consent of the client in advance.(2) The report the licensee prepares is not related to any of the following:(A) A federally related real estate transaction.(B) The purchase or refinance of a residential dwelling of one to four units.(C) A transaction subject to Section 10232.5.(3) The report clearly identifies all intended users and states that the opinions and conclusions set forth in the report may not be understood properly without additional information that is in the appraisers workfile.
Amended IN Senate January 17, 2018 Amended IN Senate January 03, 2018 Amended IN Senate March 30, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 70Introduced by Senator BatesJanuary 09, 2017 An act to amend Section 11319 of the Business and Professions Code, relating to real estate.LEGISLATIVE COUNSEL'S DIGESTSB 70, as amended, Bates. Real estate: Uniform Standards of Professional Appraisal Practice.Existing law, the Real Estate Law, provides for the licensure, certification, and regulation of persons who engage in specified real estate appraisal activity by the Chief of the Bureau of Real Estate Appraisers. That law makes the Uniform Standards of Professional Appraisal Practice the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards.This bill would instead provide that a licensee is not required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client, if certain requirements are met, including that the consent of the client is obtained in advance.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
Amended IN Senate January 17, 2018 Amended IN Senate January 03, 2018 Amended IN Senate March 30, 2017
Amended IN Senate January 17, 2018
Amended IN Senate January 03, 2018
Amended IN Senate March 30, 2017
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Senate Bill No. 70
Introduced by Senator BatesJanuary 09, 2017
Introduced by Senator Bates
January 09, 2017
An act to amend Section 11319 of the Business and Professions Code, relating to real estate.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 70, as amended, Bates. Real estate: Uniform Standards of Professional Appraisal Practice.
Existing law, the Real Estate Law, provides for the licensure, certification, and regulation of persons who engage in specified real estate appraisal activity by the Chief of the Bureau of Real Estate Appraisers. That law makes the Uniform Standards of Professional Appraisal Practice the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards.This bill would instead provide that a licensee is not required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client, if certain requirements are met, including that the consent of the client is obtained in advance.
Existing law, the Real Estate Law, provides for the licensure, certification, and regulation of persons who engage in specified real estate appraisal activity by the Chief of the Bureau of Real Estate Appraisers. That law makes the Uniform Standards of Professional Appraisal Practice the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards.
This bill would instead provide that a licensee is not required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client, if certain requirements are met, including that the consent of the client is obtained in advance.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 11319 of the Business and Professions Code is amended to read:11319. (a) Notwithstanding any other provision of this code, except as provided in subdivision (b), the Uniform Standards of Professional Appraisal Practice constitute the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards. If a licensee also is certified by the Board of Equalization, he or she shall follow the standards established by the Board of Equalization when fulfilling his or her responsibilities for assessment purposes.(b) Notwithstanding subdivision (a), a licensee shall not be required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client if both all of the following are met:(1) The licensee obtains the consent of the client in advance.(2) The report the licensee prepares is not related to any of the following:(A) A federally related real estate transaction.(B) The purchase or refinance of a residential dwelling of one to four units.(C) A transaction subject to Section 10232.5.(3) The report clearly identifies all intended users and states that the opinions and conclusions set forth in the report may not be understood properly without additional information that is in the appraisers workfile.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 11319 of the Business and Professions Code is amended to read:11319. (a) Notwithstanding any other provision of this code, except as provided in subdivision (b), the Uniform Standards of Professional Appraisal Practice constitute the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards. If a licensee also is certified by the Board of Equalization, he or she shall follow the standards established by the Board of Equalization when fulfilling his or her responsibilities for assessment purposes.(b) Notwithstanding subdivision (a), a licensee shall not be required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client if both all of the following are met:(1) The licensee obtains the consent of the client in advance.(2) The report the licensee prepares is not related to any of the following:(A) A federally related real estate transaction.(B) The purchase or refinance of a residential dwelling of one to four units.(C) A transaction subject to Section 10232.5.(3) The report clearly identifies all intended users and states that the opinions and conclusions set forth in the report may not be understood properly without additional information that is in the appraisers workfile.
SECTION 1. Section 11319 of the Business and Professions Code is amended to read:
### SECTION 1.
11319. (a) Notwithstanding any other provision of this code, except as provided in subdivision (b), the Uniform Standards of Professional Appraisal Practice constitute the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards. If a licensee also is certified by the Board of Equalization, he or she shall follow the standards established by the Board of Equalization when fulfilling his or her responsibilities for assessment purposes.(b) Notwithstanding subdivision (a), a licensee shall not be required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client if both all of the following are met:(1) The licensee obtains the consent of the client in advance.(2) The report the licensee prepares is not related to any of the following:(A) A federally related real estate transaction.(B) The purchase or refinance of a residential dwelling of one to four units.(C) A transaction subject to Section 10232.5.(3) The report clearly identifies all intended users and states that the opinions and conclusions set forth in the report may not be understood properly without additional information that is in the appraisers workfile.
11319. (a) Notwithstanding any other provision of this code, except as provided in subdivision (b), the Uniform Standards of Professional Appraisal Practice constitute the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards. If a licensee also is certified by the Board of Equalization, he or she shall follow the standards established by the Board of Equalization when fulfilling his or her responsibilities for assessment purposes.(b) Notwithstanding subdivision (a), a licensee shall not be required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client if both all of the following are met:(1) The licensee obtains the consent of the client in advance.(2) The report the licensee prepares is not related to any of the following:(A) A federally related real estate transaction.(B) The purchase or refinance of a residential dwelling of one to four units.(C) A transaction subject to Section 10232.5.(3) The report clearly identifies all intended users and states that the opinions and conclusions set forth in the report may not be understood properly without additional information that is in the appraisers workfile.
11319. (a) Notwithstanding any other provision of this code, except as provided in subdivision (b), the Uniform Standards of Professional Appraisal Practice constitute the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards. If a licensee also is certified by the Board of Equalization, he or she shall follow the standards established by the Board of Equalization when fulfilling his or her responsibilities for assessment purposes.(b) Notwithstanding subdivision (a), a licensee shall not be required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client if both all of the following are met:(1) The licensee obtains the consent of the client in advance.(2) The report the licensee prepares is not related to any of the following:(A) A federally related real estate transaction.(B) The purchase or refinance of a residential dwelling of one to four units.(C) A transaction subject to Section 10232.5.(3) The report clearly identifies all intended users and states that the opinions and conclusions set forth in the report may not be understood properly without additional information that is in the appraisers workfile.
11319. (a) Notwithstanding any other provision of this code, except as provided in subdivision (b), the Uniform Standards of Professional Appraisal Practice constitute the minimum standard of conduct and performance for a licensee in any work or service performed that is addressed by those standards. If a licensee also is certified by the Board of Equalization, he or she shall follow the standards established by the Board of Equalization when fulfilling his or her responsibilities for assessment purposes.
(b) Notwithstanding subdivision (a), a licensee shall not be required to comply with provisions of the Uniform Standards of Professional Appraisal Practice that provide a limitation on restricted appraisal reports to intended users other than or in addition to the client if both all of the following are met:
(1) The licensee obtains the consent of the client in advance.
(2) The report the licensee prepares is not related to any of the following:
(A) A federally related real estate transaction.
(B) The purchase or refinance of a residential dwelling of one to four units.
(C) A transaction subject to Section 10232.5.
(3) The report clearly identifies all intended users and states that the opinions and conclusions set forth in the report may not be understood properly without additional information that is in the appraisers workfile.