Okla. Stat. tit. 59, § 59-858-817
This is the official text of Okla. Stat. tit. 59, § 59-858-817, 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 each service request
Official statutory text
A. Each AMC seeking to be registered or to renew an existing
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 maintains a detailed record of each service request that it
receives for appraisal of real property located in Oklahoma.
B. An AMC registered under the provisions of the Oklahoma
Appraisal Management Company Regulation Act shall retain for five
(5) years all records required to be maintained under the Oklahoma
Appraisal Management Company Regulation Act as described in the
rules promulgated by the Board in accordance with the Oklahoma
Appraisal Management Company Regulation Act. This five-year period
shall commence on the date of the final action by the AMC for each
individual transaction or, if the AMC is notified that the
transaction is involved in litigation, the five-year period shall
commence on the date that the litigation is finally disposed.
C. All records required to be maintained by the registered AMC
pursuant to the provisions of the Oklahoma Appraisal Management
Company Regulation Act and the rules promulgated thereunder shall be
made available by the registration holder for inspection and copying
by the Board or its designee on reasonable notice to the AMC.
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 maintains a detailed record of each service request that it
receives for appraisal of real property located in Oklahoma.
B. An AMC registered under the provisions of the Oklahoma
Appraisal Management Company Regulation Act shall retain for five
(5) years all records required to be maintained under the Oklahoma
Appraisal Management Company Regulation Act as described in the
rules promulgated by the Board in accordance with the Oklahoma
Appraisal Management Company Regulation Act. This five-year period
shall commence on the date of the final action by the AMC for each
individual transaction or, if the AMC is notified that the
transaction is involved in litigation, the five-year period shall
commence on the date that the litigation is finally disposed.
C. All records required to be maintained by the registered AMC
pursuant to the provisions of the Oklahoma Appraisal Management
Company Regulation Act and the rules promulgated thereunder shall be
made available by the registration holder for inspection and copying
by the Board or its designee on reasonable notice to the AMC.
Status: in_force · Read it on the official government site
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