House Bill No. 5625
               House Bill No. 5625

              PUBLIC ACT NO. 98-123


AN  ACT  CLARIFYING  EXCEPTIONS  TO  THE APPRAISAL
LICENSING LAWS.


    Be  it  enacted  by  the  Senate  and House of
Representatives in General Assembly convened:
    Section  20-526  of  the  general  statutes is
repealed and the following is substituted in  lieu
thereof:
    The  provisions  of sections 20-500 to 20-528,
inclusive,    concerning    the     certification,
licensing,   tenured   licensing   or  provisional
licensing of  real  estate  appraisers  shall  not
apply  to  (1)  any  person  under contract with a
municipality who performs a  revaluation  of  real
estate for assessment purposes pursuant to section
12-62 and (2) any licensed real estate  broker  or
real estate salesperson who estimates the value of
real estate as part of a market analysis performed
for  the  purpose  of (A) a prospective listing OR
SALE  OF   SUCH   REAL   ESTATE,   (B)   PROVIDING
INFORMATION  TO  THE  SELLER  OR  LANDLORD UNDER A
LISTING AGREEMENT, OR (C) PROVIDING INFORMATION TO
A  PROSPECTIVE  BUYER  OR  TENANT UNDER A BUYER OR
TENANT AGENCY AGREEMENT, [or  sale  of  such  real
estate]  provided  [the]  SUCH  estimate  of value
shall not be referred to or  be  construed  as  an
appraisal.

Approved May 27, 1998