Okla. Stat. tit. 59, § 59-858-732

This is the official text of Okla. Stat. tit. 59, § 59-858-732, 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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Code of ethics

Official statutory text

A. All persons listed in paragraph 2 of subsection A of Section

858-702 of this title must conduct all real property valuations and

any real property valuation-related activity in conformance with the

following:

1. An appraiser must perform ethically and competently and not

engage in conduct that is unlawful, unethical or improper. An

appraiser who could reasonably be perceived to act as a

disinterested third party in rendering an unbiased real property

valuation must perform assignments with impartiality, objectivity

and independence and without accommodation of personal interests;

2. The acceptance of compensation that is contingent upon the

reporting of a predetermined value or a direction in value that

favors the cause of the client, the amount of the value estimate,

the attainment of a stipulated result or the occurrence of a

subsequent event is unethical;

3. The payment of undisclosed fees, commissions or things of

value in connection with the procurement of real property valuation

assignments is unethical;

4. Advertising for or soliciting appraisal assignments in a

manner which is false, misleading or exaggerated is unethical;

5. An appraiser must protect the confidential nature of the

appraiser-client relationship; and

6. Using or attempting to use the seal, certificate, or license

of another as their own; falsely impersonating any duly licensed

appraiser; using or attempting to use an inactive, expired,

suspended, or revoked license; or aiding or abetting any of the

foregoing is unethical.

B. Although this code of ethics is based upon the ethics

provisions of the Uniform Standards of Professional Appraisal

Practice, it is not the intent of the Legislature to incorporate the

standards set forth in the Uniform Standards of Professional

Appraisal Practice.

Status: in_force · Read it on the official government site

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