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2024 Minnesota Statutes
Chapters 82 - 83 — Real Estate Sales Regulations
Chapter 82B — Real Estate Appraisers
Section 82B.25 — Valuation Bias.

Universal Citation:
MN Stat § 82B.25 (2024)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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82B.25 VALUATION BIAS.

Subdivision 1. Definition. For the purposes of this section, "valuation bias" means to explicitly, implicitly, or structurally select and apply data to an appraisal methodology or technique in a biased manner that harms a protected class, as defined by the Fair Housing Act of 1968, as amended.

Subd. 2. Education. A real property appraiser shall provide to the commissioner evidence of satisfactory completion of a continuing education course on the valuation bias of real property. An appraiser licensed after September 1, 2021, must complete the course required by this section prior to the appraiser's first license renewal.

History: 2021 c 16 s 10; 2022 c 87 s 3; 2024 c 114 art 3 s 104

NOTE: This section is repealed by Laws 2024, chapter 114, article 3, section 104, effective January 1, 2026. Laws 2024, chapter 114, article 3, section 104, the effective date.

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