Bill Text: DE HB336 | 2011-2012 | 146th General Assembly | Draft

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Bill Title: An Act To Amend Title 24 Of The Delaware Code Relating To Real Estate Appraisers.

Spectrum: Slight Partisan Bill (Republican 7-3)

Status: (Introduced - Dead) 2012-05-10 - Introduced and Assigned to Sunset Committee (Policy Analysis & Government Accountability) Committee in House [HB336 Detail]

Download: Delaware-2011-HB336-Draft.html

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SPONSOR:	Rep. Briggs King & Sen. Bunting & Sen. Venables;
	Reps. Hudson, Lee, D. Short, Wilson, Schwartzkopf, Willis

HOUSE OF REPRESENTATIVES

146th GENERAL ASSEMBLY

HOUSE BILL NO. 336

AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO REAL ESTATE APPRAISERS.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1.Amend §4019(e), Title 24 or the Delaware Code by making insertions as shown by underlining and deletions as shown by strike through as follows:

§4019. Exception.

(a) This chapter shall not apply to any Delaware licensed real estate salesperson or broker, who prepares a competitive market analysis survey used only for the purpose of listing a property for sale or lease, nor to any individual, who prepares real estate appraisals for the licensee's full-time employer for the employer's internal use only, and which is performed in the regular course of employee's position.

(b) Nothing in this chapter shall require a geologist licensed under Chapter 36 of this title to meet the requirements for either certification or licensure, provided that the geologist's written estimate of value is not the sole determinant of a property's value and that any such estimate of value is not used as an appraisal in federally-related transactions.

(c) Nothing in the chapter shall require an auctioneer to meet the requirement for either certification or licensure under this chapter, provided that the auctioneer provides only a verbal estimate of sale and not a written appraisal of the value of any real property.

(d) This chapter shall not invalidate nor shall it apply to real estate tax assessments or reassessments done for municipal or county governments where such appraisals are done by full-time municipal or county government employees acting in the regular course of business.

(e) The Council on Real Estate Appraisers shall develop standards in cooperation with the Delaware Association of Counties and the Executive Director of the League of Local Governments or his or her designee for licensing and training of assessors in order for municipal and county assessment departments to be in compliance within 3 years of the development and adoption of said standards.

(e)This chapter shall not be applicable to municipal or county government assessors.

SYNOPSIS

This bill removes the current §4019(e) from the Code and dismisses all standards that are applicable to municipal and county government assessments or assessors thereby adopted.The new §4019(e) clearly states that municipal and county assessors are not subject to the regulation of the Council on Real Estate Appraisers.