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Oregon Gov. Signs Bill that Establishes Statute of Limitations on Appraiser Liability

Oregon Gov. Signs Bill that Establishes Statute of Limitations on Appraiser Liability

HB 2189 stipulates that any civil action brought against an appraiser or an appraisal firm must begin within 6 years after the date of the “act or omission giving rise to the action.” These limitations, however, will not apply to any actions that allege fraud or misrepresentation.

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