Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 08, 2010 |
held for consideration in judiciary |
Jan 06, 2010 |
referred to judiciary |
Feb 24, 2009 |
referred to judiciary |
Assembly Bill A6026
2009-2010 Legislative Session
Sponsored By
HOYT
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2009-A6026 (ACTIVE) - Details
- See Senate Version of this Bill:
- S1941
- Current Committee:
- Assembly Judiciary
- Law Section:
- Executive Law
- Laws Affected:
- Add Art 6-E §160-aa.1, Exec L; amd §214, RPT L
2009-A6026 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6026 2009-2010 Regular Sessions I N A S S E M B L Y February 24, 2009 ___________ Introduced by M. of A. HOYT, SCHROEDER -- read once and referred to the Committee on Judiciary AN ACT to amend the executive law and the real property tax law, in relation to requiring licensed and certified real estate appraisers to report on certain appraisals THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Article 6-E of the executive law is amended by adding a new section 160-aa.1 to read as follows: S 160-AA.1. REPORT BY LICENSED OR CERTIFIED REAL ESTATE APPRAISER. 1. A LICENSED OR CERTIFIED REAL ESTATE APPRAISER SHALL FILE WITH THE OFFICE OF REAL PROPERTY SERVICES A REPORT LISTING THE RESIDENTIAL REAL PROPERTY APPRAISALS PERFORMED DURING THE PREVIOUS CALENDAR QUARTER. SUCH REPORT SHALL BE FILED WITHIN THE FIRST THIRTY DAYS OF EACH CALENDAR QUARTER, UNLESS AN EXTENSION IS REQUESTED IN WRITING AND GRANTED BY THE EXECUTIVE DIRECTOR OF THE OFFICE OF REAL PROPERTY SERVICES FOR GOOD CAUSE. 2. SUCH QUARTERLY REPORT SHALL INCLUDE THE FOLLOWING INFORMATION: (A) APPRAISER'S NAME AND BUSINESS ADDRESS; (B) APPRAISER'S LICENSE OR CERTIFICATE NUMBER; (C) DATE OF THE APPRAISAL; (D) ADDRESS OF THE APPRAISED RESIDENTIAL REAL PROPERTY; AND (E) THE APPRAISAL. 3. SUCH REPORT MUST BE FILED FOR ALL RESIDENTIAL REAL PROPERTY MORT- GAGE UNDERWRITING PURPOSES INCLUDING SALES OR REFINANCING TRANSACTIONS. NO REPORT NEED BE FILED FOR APPRAISALS: (A) SETTLING AN ESTATE; (B) SETTING AN ASKING PRICE; (C) PREPARING A BID; (D) SUPPORTING LITIGATION; OR (E) FOR ANY OTHER NON-MORTGAGE RELATED PURPOSES. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07919-01-9
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