Okla. Stat. tit. 59, § 59-858-816
This is the official text of Okla. Stat. tit. 59, § 59-858-816, 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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Annual certification of system to validate an
Official statutory text
appraiser's performance.
Each AMC seeking to be registered or to renew a registration in
this state shall certify to the Oklahoma Real Estate Appraiser Board
on a form prescribed by the Board on an annual basis that it has a
Oklahoma Statutes - Title 59. Professions and Occupations Page 787
system in place to perform an appraisal review of the work product
of a statistically significant number of appraisal reports submitted
by each appraiser who is performing appraisals for the AMC on a
periodic basis to validate that the appraisals are being conducted
in accordance with the USPAP and the Oklahoma Certified Real Estate
Appraisers Act and the rules promulgated thereunder. An AMC shall
report to the Board the results of any appraisal reviews in which an
appraisal is found to be substantially noncompliant with USPAP.
Each AMC seeking to be registered or to renew a registration in
this state shall certify to the Oklahoma Real Estate Appraiser Board
on a form prescribed by the Board on an annual basis that it has a
Oklahoma Statutes - Title 59. Professions and Occupations Page 787
system in place to perform an appraisal review of the work product
of a statistically significant number of appraisal reports submitted
by each appraiser who is performing appraisals for the AMC on a
periodic basis to validate that the appraisals are being conducted
in accordance with the USPAP and the Oklahoma Certified Real Estate
Appraisers Act and the rules promulgated thereunder. An AMC shall
report to the Board the results of any appraisal reviews in which an
appraisal is found to be substantially noncompliant with USPAP.
Status: in_force · Read it on the official government site
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