Okla. Stat. tit. 59, § 59-858-819
This is the official text of Okla. Stat. tit. 59, § 59-858-819, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Violations of act
Official statutory text
A. Appraisal Management Companies shall comply with the
appraisal independence requirements of Section 129E(a) through (i)
of the Truth in Lending Act, 15 U.S.C., Section 1639e(a) through
(i), and regulations thereunder.
B. It shall be unlawful and a violation of the Oklahoma
Appraisal Management Company Regulation Act for any employee,
partner, director, officer, or agent of an AMC to influence or
attempt to influence the development, reporting, result, or review
of an appraisal through coercion, extortion, collusion,
compensation, inducement, intimidation, bribery or in any other
manner, including but not limited to:
1. Withholding or threatening to withhold timely payment or
partial payment for an appraisal with the exception of a substandard
or noncompliant appraisal;
2. Withholding or threatening to withhold, either expressed or
implied, future business from, or demoting or terminating or
threatening to demote or terminate an appraiser;
3. Promising, either expressed or implied, future business,
promotions, or increased compensation for an appraiser;
4. Conditioning an assignment of an appraisal or the payment of
an appraisal fee or salary or bonus on the opinion, conclusion, or
valuation to be reached, or on a preliminary estimate or opinion
requested from an appraiser;
5. Requesting that an appraiser provide an estimated,
predetermined, or desired valuation in an appraisal, or provide
estimated values or comparable sales at any time prior to the
appraiser's completion of an appraisal;
6. Providing to an appraiser an anticipated, estimated,
encouraged, or desired value for a subject property or a proposed or
target amount to be loaned to the borrower, except that a copy of
the sales contract for purchase transactions may be provided;
7. Providing to an appraiser, or any entity or individual
related to the appraiser, stock or other financial or nonfinancial
benefit or thing of value;
8. Allowing or directing the removal of an appraiser from an
appraiser panel, or the addition of an appraiser to an exclusionary
list of disapproved appraisers used by any entity, without prior
written notice to such appraiser;
9. Any other act or practice that impairs or attempts to impair
an appraiser's independence, objectivity, or impartiality;
10. Submitting or attempting to submit false, misleading, or
inaccurate information in any application for registration or
renewal;
11. Failing to timely respond to any subpoena or any other
request for information;
Oklahoma Statutes - Title 59. Professions and Occupations Page 789
12. Failing to timely obey an administrative order of the
Board; or
13. Failing to fully cooperate in any investigation.
C. Nothing in subsection B of this section shall be construed
as prohibiting the AMC from requesting that an appraiser:
1. Provide additional information about the basis for a
valuation including consideration of additional comparable data; or
2. Correct objective factual errors in an appraisal.
appraisal independence requirements of Section 129E(a) through (i)
of the Truth in Lending Act, 15 U.S.C., Section 1639e(a) through
(i), and regulations thereunder.
B. It shall be unlawful and a violation of the Oklahoma
Appraisal Management Company Regulation Act for any employee,
partner, director, officer, or agent of an AMC to influence or
attempt to influence the development, reporting, result, or review
of an appraisal through coercion, extortion, collusion,
compensation, inducement, intimidation, bribery or in any other
manner, including but not limited to:
1. Withholding or threatening to withhold timely payment or
partial payment for an appraisal with the exception of a substandard
or noncompliant appraisal;
2. Withholding or threatening to withhold, either expressed or
implied, future business from, or demoting or terminating or
threatening to demote or terminate an appraiser;
3. Promising, either expressed or implied, future business,
promotions, or increased compensation for an appraiser;
4. Conditioning an assignment of an appraisal or the payment of
an appraisal fee or salary or bonus on the opinion, conclusion, or
valuation to be reached, or on a preliminary estimate or opinion
requested from an appraiser;
5. Requesting that an appraiser provide an estimated,
predetermined, or desired valuation in an appraisal, or provide
estimated values or comparable sales at any time prior to the
appraiser's completion of an appraisal;
6. Providing to an appraiser an anticipated, estimated,
encouraged, or desired value for a subject property or a proposed or
target amount to be loaned to the borrower, except that a copy of
the sales contract for purchase transactions may be provided;
7. Providing to an appraiser, or any entity or individual
related to the appraiser, stock or other financial or nonfinancial
benefit or thing of value;
8. Allowing or directing the removal of an appraiser from an
appraiser panel, or the addition of an appraiser to an exclusionary
list of disapproved appraisers used by any entity, without prior
written notice to such appraiser;
9. Any other act or practice that impairs or attempts to impair
an appraiser's independence, objectivity, or impartiality;
10. Submitting or attempting to submit false, misleading, or
inaccurate information in any application for registration or
renewal;
11. Failing to timely respond to any subpoena or any other
request for information;
Oklahoma Statutes - Title 59. Professions and Occupations Page 789
12. Failing to timely obey an administrative order of the
Board; or
13. Failing to fully cooperate in any investigation.
C. Nothing in subsection B of this section shall be construed
as prohibiting the AMC from requesting that an appraiser:
1. Provide additional information about the basis for a
valuation including consideration of additional comparable data; or
2. Correct objective factual errors in an appraisal.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.