Section 5539 - Real estate appraisals(a)General rule.--Except as provided under subsection (b), an action to recover damages against a real estate appraiser arising out of the appraiser's real estate appraisal activity shall be brought within five years after the date the appraisal was conducted. (b) Exception.--An action to recover damages against a real estate appraiser under subsection (a) may be filed more than five years after the date the appraisal was conducted if: (1) There is evidence of fraud or intentional misrepresentation on the part of the real estate appraiser; or(2) The appraisal was performed for a consumer as part of the purchase or sale of single-family residential real property not involving a lender.Added by P.L. TBD 2021 No. 93, § 1, eff. 2/20/2022.Enacting legislation provides that the five-year period of repose under 42 Pa.C.S. § 5539 shall not apply to a cause of action which has accrued on or before the effective date [2/20/2022] of this section.