Florida Senate - 2023 COMMITTEE AMENDMENT
Bill No. SB 398
Ì239994aÎ239994
LEGISLATIVE ACTION
Senate . House
Comm: RCS .
03/29/2023 .
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The Committee on Judiciary (Rodriguez) recommended the
following:
1 Senate Amendment
2
3 Delete lines 24 - 43
4 and insert:
5
6 brought within 2 years after the date that the alleged act or
7 omission is discovered, or should have been discovered, but in
8 no case shall such action be brought more than 4 years after the
9 date the appraisal services or appraisal management services
10 were performed, or should have been performed.
11 (3) Notwithstanding any other law to the contrary, all
12 actions for damages or other relief brought against an appraiser
13 or appraisal management company with respect to appraisal
14 services or appraisal management services shall be governed
15 exclusively by the provisions of this section.
16 (4) This section does not apply to any administrative
17 proceedings initiated by the board or department.
18 (5) This section does not apply to any action founded upon
19 fraud in the provision of appraisal services or appraisal
20 management services by an appraiser or appraisal management
21 company.
22 Section 2. Section 95.371, Florida Statutes, applies to any
23 action accruing on or after July 1, 2023. Any action accruing
24 before July 1, 2023, which would not have been barred before
25 July 1, 2023, must be commenced by July 1, 2024. Any such action
26 that is not commenced by July 1, 2024, is barred by this act.