Senate Bill 829, recently signed into law, imposes new regulations on Appraisal Management Companies (AMCs) in North Carolina and provides new safeguards to ensure accurate appraisals.  The bill has a long list of requirements for AMCs including new fees and internal oversight mechanisms.  Does the bill go too far or does it balance the need for sensible regulation with the need to encourage small business?  You decide.

The bill requires (more…)