Virginia Senate Bill 1324 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on January 25 2021 - 50% progression, died in chamber
Action: 2021-02-08 - Continued to Special Session 1 in Courts of Justice by voice vote
Text: Latest bill text (Engrossed) [HTML]

Actions against real estate appraisers or appraisal management companies; statute of limitations. Provides that no action for damages or other relief alleging that a certified general real estate appraiser, a certified residential real estate appraiser, a licensed residential real estate appraiser, or an appraisal management company committed malpractice or negligence or an error, mistake, omission, or breach in an appraisal or appraisal report, whether based on contract or tort, shall be brought unless it is filed in a court of competent jurisdiction and proper venue within five years from the date of the malpractice, negligence, error, mistake, omission, or breach. The bill provides exceptions for actions alleging fraud and proceedings initiated by the Real Estate Appraiser Board. The bill provides that any action for damages or other relief alleging that a certified general real estate appraiser, a certified residential real estate appraiser, a licensed residential real estate appraiser, or an appraisal management company committed malpractice or negligence or an error, mistake, omission, or breach in an appraisal or appraisal report on or before July 1, 2021, shall be filed in a court of competent jurisdiction and proper venue on or before July 1, 2022, regardless of the date of discovery of the alleged malpractice, negligence, error, mistake, omission, or breach. Actions against real estate appraisers or appraisal management companies; statute of limitations. Provides that no action for damages or other relief alleging that a certified general real estate appraiser, a certified residential real estate appraiser, a licensed residential real estate appraiser, or an appraisal management company committed malpractice or negligence or an error, mistake, omission, or breach in an appraisal or appraisal report, whether based on contract or tort, shall be brought unless it is filed in a court of competent jurisdiction and proper venue within five years from the date of the malpractice, negligence, error, mistake, omission, or breach. The bill provides exceptions for actions alleging fraud and proceedings initiated by the Real Estate Appraiser Board. The bill provides that any action for damages or other relief alleging that a certified general real estate appraiser, a certified residential real estate appraiser, a licensed residential real estate appraiser, or an appraisal management company committed malpractice or negligence or an error, mistake, omission, or breach in an appraisal or appraisal report on or before July 1, 2021, shall be filed in a court of competent jurisdiction and proper venue on or before July 1, 2022, regardless of the date of discovery of the alleged malpractice, negligence, error, mistake, omission, or breach.

Actions against real estate appraisers or appraisal management companies; statute of limitations.

Sen. Siobhan Dunnavant [R]

2021-01-26 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-22 - Senate - Senate: Constitutional reading dispensed (37-Y 0-N) (Y: 37 N: 0 NV: 0 Abs: 2) [PASS]
2021-01-20 - Senate - Senate: Reported from General Laws and Technology with amendments (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-02-08	House	Continued to Special Session 1 in Courts of Justice by voice vote
2021-02-02	House	Referred to Committee for Courts of Justice
2021-02-02	House	Read first time
2021-02-02	House	Placed on Calendar
2021-01-26	Senate	Read third time and passed Senate (39-Y 0-N)
2021-01-25	Senate	Printed as engrossed 21101827D-E
2021-01-25	Senate	Engrossed by Senate as amended SB1324E
2021-01-25	Senate	Committee amendments agreed to
2021-01-25	Senate	Reading of amendments waived
2021-01-25	Senate	Read second time
2021-01-22	Senate	Constitutional reading dispensed (37-Y 0-N)
2021-01-20	Senate	Reported from General Laws and Technology with amendments (15-Y 0-N)
2021-01-12	Senate	Referred to Committee on General Laws and Technology
2021-01-12	Senate	Prefiled and ordered printed; offered 01/13/21 21101827D

SB1324 (Carry Over) 2021-02-08 - Continued to Special Session 1 in Courts of Justice by voice vote

Chapter	Article	Section	Citation Type	Statute Text
54	1	2019.1	(n/a)	See Bill Text
54	1	2024	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?211+sum+SB1324
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?211+ful+SB1324+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?211+ful+SB1324E+hil
Amendment	https://lis.virginia.gov/cgi-bin/legp604.exe?211+amd+SB1324AS
Amendment	https://committees.lis.virginia.gov/pdfs/drafts/21103180A.pdf
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?211+oth+SB1324F122+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?211+oth+SB1324FE122+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?211+vot+S12V0021+SB1324
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?211+vot+SV0120SB1324+SB1324
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?211+vot+SV0080SB1324+SB1324