Illinois Bill Introduced to Include Prohibitions Against Discrimination in Appraiser and Real Estate Licensing Acts

In Illinois, a bill (HB 5862) has been introduced to amend the Illinois Real Estate Appraiser Licensing Act and the Real Estate License Act to expressly prohibit discrimination in appraisals, broker price opinions (BPOs) and comparative market analyses (CMAs) for residential real estate. The bill would amend each licensing act Read more…

Webinar “Engagement Agreements for Non-Lending Assignments, Just for California and Washington Appraisers”

This webinar occurred on February 28, 2020. You may download the slides below. *** The next free webinar from the Christensen Law Firm is “Engagement Agreements for Non-Lending Assignments, Just for California and Washington Appraisers.” February 28, 2020 at 9:30 a.m. Pacific. In this webinar, I’ll cover:  How to create Read more…

Appraiser E&O Insurance: Understand the Concepts of “Claims Made” and “Prior Acts” Coverage in Your Policy

When it comes to E&O insurance, all appraisers should take the time to understand the concepts of “claims made” and “prior acts” coverage in their policies. Let’s start with this basic fact — all E&O insurance sold to appraisers and similar professions is “claims made” insurance coverage. To understand how claims made Read more…