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Colorado · 2025 Regular Session · Bill

SB 25-035: Limitation of Actions Against Appraisers

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 25-035 is a bill introduced in the Colorado Senate on January 8, 2025. According to its official title, it concerns: Limitation of Actions Against Appraisers. Primary sponsor: Ron Weinberg (Republican), Chad Clifford (Democratic), Dafna Michaelson Jenet, Lisa Frizell (Republican). It lists 5 additional sponsors. Most recent recorded action (May 31, 2025): Governor Signed.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Under current law, the statute of limitations to bring certain claims against a real estate appraiser does not start until the party filing the claim has discovered, or should have discovered, an alleged defect in the appraisal. The act requires a claimant to bring an action against a real estate appraiser (appraiser) within 5 years after the date the appraisal report is completed and transmitted to a client. The 5-year limitation does not apply to an action against an appraiser for a defective appraisal report or service if the action is brought by: A consumer who is an original party to a residential mortgage loan or residential real estate transaction; or A mortgage originator who must repurchase a loan. The 5-year limitation also does not apply to an action for fraud, for misrepresentation, or for a discriminatory housing practice brought against an appraiser. (Note: This summary applies to this bill as enacted.)

Sponsors

Sponsors by party (alphabetical): Democratic 3 · Republican 5

NameRolePartyChamberDistrict
Ron WeinbergPrimary sponsorRepublicanHouse51
Chad CliffordPrimary sponsorDemocraticHouse37
Dafna Michaelson JenetPrimary sponsorNot applicable (committee)——
Lisa FrizellPrimary sponsorRepublicanSenate2
Judy AmabileCo-sponsorDemocraticSenate18
Brandi BradleyCo-sponsorRepublicanHouse39
Ryan GonzalezCo-sponsorRepublicanHouse50
Rebecca KeltieCo-sponsorRepublicanHouse16
Kyle MullicaCo-sponsorDemocraticSenate24

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Governor Signed
  2. Signed by the President of the Senate
  3. Signed by the Speaker of the House
  4. Sent to the Governor
  5. House Third Reading Passed - No Amendments
  6. House Second Reading Special Order - Passed - No Amendments
  7. House Second Reading Laid Over Daily - No Amendments
  8. House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole
  9. Introduced In House - Assigned to Business Affairs & Labor
  10. Senate Third Reading Passed - No Amendments
  11. Senate Second Reading Passed with Amendments - Committee
  12. Senate Committee on Business, Labor, & Technology Refer Amended - Consent Calendar to Senate Committee of the Whole

Showing 12 most recent of 13 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source