Substitute House Bill No. 7286
Public Act No. 19-183
AN ACT CONCERNING HO ME INSPECTORS AND AP PRAISERS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. (NEW) (Effective October 1, 2019) The Commissioner of
Consumer Protection or his or her duly authorized agent shall publish
and maintain a list of all home inspectors licensed pursuant to chapter
400f of the general statutes on the Department of Consumer
Protection's Internet web site. Such list shall be updated by the
commissioner, or his or her agent, on an annual basis.
Sec. 2. Subsection (c) of section 20-529 of the general statutes is
repealed and the following is substituted in lieu thereof (Effective
October 1, 2019):
(c) Before issuing or renewing a certificate of registration, the
commissioner may:
(1) Certify that each appraisal management company applying for a
certificate of registration has procedures in place to (A) verify that a
person being added to the appraiser panel of the company holds a
certificate in good standing in accordance with section 20-509, (B)
maintain detailed records of each appraisal request or order it receives
and of the appraiser who performs such appraisal, and (C) review on a Substitute House Bill No. 7286
Public Act No. 19-183 2 of 2
periodic basis the work of all appraisers performing appraisals for the
company, to ensure that such appraisals are being conducted in
accordance with the USPAP;
(2) Determine to the commissioner's satisfaction that each person
owning more than ten per cent of an appraisal management company
is of good moral character and such person has submitted to a
background investigation, as deemed necessary by the commissioner;
[and]
(3) Determine to the commissioner's satisfaction that the controlling
person (A) has never had an appraiser license or certificate denied,
refused to be renewed, suspended or revoked in any state, (B) is of
good moral character, and (C) has submitted to a background
investigation, as deemed necessary by the commissioner; [.] and
(4) Determine to the commissioner's satisfaction that each appraisal
management company compensates appraisers in compliance with the
federal Truth-in-Lending Act, 15 USC Section 1639e(i), as amended
from time to time.