EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
*hb1021*
HOUSE BILL 1021
C3 5lr3520
By: Delegates Taylor and Holmes
Introduced and read first time: February 3, 2025
Assigned to: Economic Matters
Committee Report: Favorable with amendments
House action: Adopted
Read second time: March 6, 2025
CHAPTER ______
AN ACT concerning 1
Real Estate Appraisers – Licensure and Certification – Qualifications 2
FOR the purpose of prohibiting the State Commission of Real Estate Appraisers, Appraisal 3
Management Companies, and Home Inspectors from requiring an applicant to hold 4
a bachelor’s degree or higher to qualify for a certain certification or licensure as a 5
real estate appraiser; and generally relating to certification and licensing 6
requirements for a real estate appraiser. 7
BY repealing and reenacting, with amendments, 8
Article – Business Occupations and Professions 9
Section 16–302 and 16–503 10
Annotated Code of Maryland 11
(2018 Replacement Volume and 2024 Supplement) 12
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 13
That the Laws of Maryland read as follows: 14
Article – Business Occupations and Professions 15
16–302. 16
(a) To qualify for a real estate appraisal license, an applicant shall be an 17
individual who meets the requirements of this section. 18
(b) An applicant shall be of good character and reputation. 19 2 HOUSE BILL 1021
(c) An applicant shall be at least 18 years old. 1
(d) (1) An applicant shall satisfy the minimum real estate appraiser 2
qualifications for licensure established under the federal Financial Institutions Reform, 3
Recovery, and Enforcement Act of 1989. 4
(2) An applicant shall have completed: 5
(i) at least 1,000 hours providing real estate appraiser services as a 6
real estate appraiser trainee under the supervision of a certified appraiser; or 7
(ii) the Real Property Appraiser Qualification Criteria of the 8
Practical Applications of Real Estate Appraisal program adopted by the Appraisal 9
Foundation Appraiser Qualifications Board authorized under the federal Financial 10
Institutions Reform, Recovery, and Enforcement Act of 1989. 11
(3) Classroom hours of study required by this section may be conducted by: 12
(i) an accredited university, college, or community or junior college; 13
(ii) an approved appraisal society, institute, or association; or 14
(iii) another school that the Commission approves. 15
(4) The Commission shall approve all courses of study required under this 16
section. 17
(5) THE COMMISSION MAY NOT REQU IRE AN APPLICANT TO HOLD A 18
BACHELOR’S DEGREE OR HIGHER T O QUALIFY FOR LICENS URE UNDER THIS 19
SECTION. 20
(e) Except as otherwise provided in this subtitle, the applicant shall pass an 21
examination given by the Commission or the Commission’s designee under this subtitle. 22
(f) (1) If an applicant is not a resident of the State, the applicant shall submit 23
to the Commission an irrevocable consent, as provided under this subsection. 24
(2) The consent required under this section shall specify that service of 25
process on the Secretary shall bind the applicant in any action about the provision of real 26
estate appraisal services brought against the applicant in any county of the State. 27
(g) The Commission shall adopt additional requirements under this section if 28
necessary to comply with the minimum real estate appraiser qualifications established 29
under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989. 30
HOUSE BILL 1021 3
(h) The Commission may monitor and review any course of study approved under 1
this section. 2
16–503. 3
(a) To qualify for a certificate for residential or general real estate appraisal, an 4
applicant shall be an individual who meets the requirements of this section. 5
(b) (1) An applicant shall: 6
(i) be of good character and reputation; 7
(ii) be at least 18 years old; and 8
(iii) satisfy the minimum real estate appraiser qualifications for 9
residential certification or general certification, as appropriate, established under the 10
federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989. 11
(2) An applicant shall have completed: 12
(i) at least 1,500 hours providing real estate appraiser services as a 13
real estate appraiser trainee under the supervision of a certified appraiser; or 14
(ii) the Real Property Appraiser Qualification Criteria of the 15
Practical Applications of Real Estate Appraisal program adopted by the Appraisal 16
Foundation Appraiser Qualifications Board authorized under the federal Financial 17
Institutions Reform, Recovery, and Enforcement Act of 1989. 18
(3) Classroom hours of study required under this section may be conducted 19
by: 20
(i) an accredited university, college, or community or junior college; 21
(ii) an approved appraisal society, institute, or association; or 22
(iii) another school that the Commission approves. 23
(4) The Commission shall approve all courses of study required under this 24
section. 25
(5) THE COMMISSION MAY NOT RE QUIRE AN APPLICANT T O HOLD A 26
BACHELOR’S DEGREE OR HIGHER T O QUALIFY FOR RESIDENTIAL CERTIFICATION 27
UNDER THIS SECTION . 28
(c) An applicant shall pass the examination for a certificate for residential or 29
general real estate appraisal given by the Commission or the Commission’s designee under 30
this subtitle. 31 4 HOUSE BILL 1021
(d) (1) If an applicant is not a resident of the State, the applicant shall submit 1
to the Commission an irrevocable consent, as provided under this subsection. 2
(2) The consent required under this subsection shall specify that service of 3
process on the Secretary of State shall bind the applicant in any action about the provision 4
of certified real estate appraisal services against the applicant in any county of the State. 5
(e) An applicant shall meet any other requirement that the Commission adopts 6
by regulation. 7
(f) The Commission shall adopt additional requirements under this section if 8
necessary to comply with the minimum real estate appraiser qualifications established 9
under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989. 10
SECTION 2. AND BE IT FURTHER ENACT ED, That this Act shall take effect 11
October 1, 2025. 12
Approved:
________________________________________________________________________________
Governor.
________________________________________________________________________________
Speaker of the House of Delegates.
________________________________________________________________________________
President of the Senate.