Existing law does not expressly provide a statute of limitations for civil actions based upon a real estate appraisal completed by a licensed real estate appraiser. Under existing law, the Alabama Real Estate Appraisers Board is authorized to investigate complaints against licensed real estate appraisers. Existing law does not expressly provide a statute of limitations for filing a disciplinary complaint with the board. This bill would require a civil action based on a real estate appraisal must be brought within three years of discovery of the act or omission or five years from the date of the appraisal. This bill would prohibit the Alabama Real Estate Appraisers Board from considering disciplinary complaints against a real estate appraiser based upon appraisals more than five years old. This bill will also make nonsubstantive, technical revisions to update the existing code language to the current style.