The State of California recently passed into law the Fair Appraisal Act (the “Act”).  The Act was one of over 30 bills signed into law on September 28, 2021 as part of state efforts to promote affordable housing and fair housing principles. Specifically, the Act addresses discrimination during the appraisal process of a residential real estate transaction.

Updated to March 2021 version. (Date of Release to Production: 10/07/21)

Updated to March 2021 version. (Date of Release to Production: 10/07/21)

Removed non-applicable legal citation in footer. (Date of Release to Production: 10/07/21)

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Updated legal citation in footer. (Date of Release to Production: 09/23/21)

Added form name on top of page 2. (Date of Release to Production: 09/16/21)

Updated to match model form imbedded in statute. (Date of Release to Production: 09/16/21)

Updated title and removed all language related to acknowledgment of waiver. (Date of Release to Production: 09/16/21)

Updated to match model form on website. (Date of Release to Production: 09/16/21)