Bipartisan Legislation Targets Appraisal Licensing Modernization

Originally published on April 26, 2023, by The Appraisal Institute. 

The Portal for Appraisal Licensing Act, known as the PAL Act, was reintroduced in the House of Representatives on April 20. The bipartisan legislation is intended to modernize the real estate appraisal licensing system to reduce costs and cut red tape for appraisers and those who use the services of appraisers. 

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