Okla. Stat. tit. 59, § 59-858-820
This is the official text of Okla. Stat. tit. 59, § 59-858-820, 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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Prohibited acts
Official statutory text
An AMC shall not perform or attempt to perform any one or more
of the following acts:
1. Require an appraiser to modify any aspect of an appraisal
unless the modification complies with Section 858-819 of this title;
2. Require an appraiser to prepare an appraisal if the
appraiser, in the appraiser's own independent professional judgment,
believes the appraiser does not have the necessary expertise for the
assignment or for the specific geographic area and has notified the
AMC and declined the assignment;
3. Require an appraiser to prepare an appraisal under a time
frame that the appraiser, in the appraiser's own professional
judgment, believes does not afford the appraiser the ability to meet
all the relevant legal and professional obligations and has notified
the AMC and declined the assignment;
4. Prohibit or inhibit legal or other allowable communication
between the appraiser and:
a. the lender,
b. a real estate licensee, or
c. any other person from whom the appraiser, in the
appraiser's own professional judgment, believes
information would be relevant;
5. Requires the appraiser to do anything that does not comply
with:
a. USPAP,
b. the Oklahoma Certified Real Estate Appraisers Act or
the rules promulgated thereunder, or
c. any assignment conditions and certifications required
by the client; or
6. Makes any portion of the appraiser's fee or the AMC's fee
contingent on a predetermined or favorable outcome, including but
not limited to:
a. a loan closing, or
b. specific dollar amount being achieved by the appraiser
in the appraisal.
Oklahoma Statutes - Title 59. Professions and Occupations Page 790
of the following acts:
1. Require an appraiser to modify any aspect of an appraisal
unless the modification complies with Section 858-819 of this title;
2. Require an appraiser to prepare an appraisal if the
appraiser, in the appraiser's own independent professional judgment,
believes the appraiser does not have the necessary expertise for the
assignment or for the specific geographic area and has notified the
AMC and declined the assignment;
3. Require an appraiser to prepare an appraisal under a time
frame that the appraiser, in the appraiser's own professional
judgment, believes does not afford the appraiser the ability to meet
all the relevant legal and professional obligations and has notified
the AMC and declined the assignment;
4. Prohibit or inhibit legal or other allowable communication
between the appraiser and:
a. the lender,
b. a real estate licensee, or
c. any other person from whom the appraiser, in the
appraiser's own professional judgment, believes
information would be relevant;
5. Requires the appraiser to do anything that does not comply
with:
a. USPAP,
b. the Oklahoma Certified Real Estate Appraisers Act or
the rules promulgated thereunder, or
c. any assignment conditions and certifications required
by the client; or
6. Makes any portion of the appraiser's fee or the AMC's fee
contingent on a predetermined or favorable outcome, including but
not limited to:
a. a loan closing, or
b. specific dollar amount being achieved by the appraiser
in the appraisal.
Oklahoma Statutes - Title 59. Professions and Occupations Page 790
Status: in_force · Read it on the official government site
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