Washington State House of Representatives Office of Program Research	BILL ANALYSIS
Education Committee

HB 1971

Brief Description:  Allowing certified real estate appraisers to appraise school district property.

Sponsors:  Representatives Quall and Talcott.

Brief Summary of Bill

$Permits real estate appraisers licensed by the Department of Licensing to perform market value appraisals for the purposes of real property purchases by school districts

Hearing Date:  2/21/01

Staff:  Sydney Forrester (786‑7120).

Background: 

Individual school districts have exclusive control of school property and can purchase, sell, lease, receive, and hold real and personal property for district purposes.  Prior to the purchase of real property, a district must get a market value appraisal by an appraiser who is deemed qualified by a nationally recognized real estate appraisal organization as defined in the nursing facility medicaid payment system chapter. 

Real estate appraisers may be licensed at the state and federal level.  The Department of Licensing Business and Professions Division licenses real estate appraisers in Washington on the basis of education, experience, and examination performance.  Levels of certification include general and residential.  A general appraiser is licensed to appraise all types of property.  Not all state licensed real estate appraisers necessarily seek recognition by a national real estate appraisal organization.

Summary of Bill: 

State licensed general real estate appraisers are permitted to conduct market value appraisals for the purpose of real propety by a school district.

Appropriation:  None.

Fiscal Note:  Not Requested.

Effective Date:  Ninety days after adjournment of session in which bill is passed.