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K.S.A. 58-2344

Authorized use of real estate values furnished to appraisers by lenders

L. 2006, ch. 97, § 2; L. 2007, ch. 126, § 1; July 1.

No lender, as defined in K.S.A. 58-2337 , and amendments thereto, or any person acting on behalf of a lender shall disclose to an appraiser or other person engaged to determine the appraised value of real estate, the amount of a proposed real estate loan with the intent to influence the preferred or required value of any real estate intended to secure such loan. A lender may provide a copy of the sales contract for use by the appraiser in accordance with uniform standards of professional appraisal practice.

Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.