Sec. 7. INFORMATION GATHERING FOR DEPARTMENT OF VETERANS AFFAIRS HOME LOAN APPRAISALS
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## SEC. 7 INFORMATION GATHERING FOR DEPARTMENT OF VETERANS AFFAIRS HOME LOAN APPRAISALS ###
(a)In General Section 3731(b) of title 38, United States Code, is amended by adding at the end the following new paragraph: > > #### “(3) > > The Secretary shall permit an appraiser on a list developed and maintained under subsection (a)(3) to make an appraisal for the purposes of this chapter based solely on information gathered by a person with whom the appraiser has entered into an agreement for such services. ” > . ###
(b)Effective Date **[**[38 U.S.C. 3731 note](/us/usc/t38/s3731)**]** The amendments made by this section shall apply with respect to an appraisal under section 3731 of such title, on or after January 1, 2020. ###
(c)Guidance **[**[38 U.S.C. 3731 note](/us/usc/t38/s3731)**]** Notwithstanding section 501 of such title, the Secretary of Veterans Affairs may issue guidance to implement this section before prescribing new regulations under sections 3731 of such title, as amended by subsection (a).
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Sec. 7
INFORMATION GATHERING FOR DEPARTMENT OF VETERANS AFFAIRS HOME LOAN APPRAISALS
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