Okla. Stat. tit. 59, § 59-858-729
This is the official text of Okla. Stat. tit. 59, § 59-858-729, part of Oklahoma’s Stat. tit. 59, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 59,." Browse the sections below, each linked to its official government source.
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Retention of records - Inspection by Board
Official statutory text
A. An Oklahoma certified real estate appraiser shall retain for
five (5) years, originals or true copies of all written contracts
engaging that appraiser's services for real property appraisal work,
and all reports and supporting data assembled and formulated by the
appraiser in preparing the reports.
B. This five-year period for retention of records is applicable
to each engagement of the services of the appraiser and shall
commence upon the date of the submittal of the appraisal to the
client unless, within such five-year period, the appraiser is
notified that the appraisal or report is involved in litigation, in
which event the five-year period for the retention of records shall
commence upon the date of the final disposition of such litigation.
C. All records required to be maintained pursuant to the
provisions of the Oklahoma Certified Real Estate Appraisers Act
shall be made available by the Oklahoma certified real estate
appraiser for inspection and copying by the Board on reasonable
notice to the appraiser.
five (5) years, originals or true copies of all written contracts
engaging that appraiser's services for real property appraisal work,
and all reports and supporting data assembled and formulated by the
appraiser in preparing the reports.
B. This five-year period for retention of records is applicable
to each engagement of the services of the appraiser and shall
commence upon the date of the submittal of the appraisal to the
client unless, within such five-year period, the appraiser is
notified that the appraisal or report is involved in litigation, in
which event the five-year period for the retention of records shall
commence upon the date of the final disposition of such litigation.
C. All records required to be maintained pursuant to the
provisions of the Oklahoma Certified Real Estate Appraisers Act
shall be made available by the Oklahoma certified real estate
appraiser for inspection and copying by the Board on reasonable
notice to the appraiser.
Status: in_force · Read it on the official government site
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