- Licensing and Education
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Notice of Special Meeting
Rule Impact Statement re: Proposed Permanent Rules
The current cycle for the 7-Hour USPAP update is January 1, 2013 to December 31, 2014.
2014-2015 USPAP Q & A
Below is a link to a special edition of USPAP Q & A which is intended to address questions associated with the 2014-2015 USPAP effective January 1, 2014 through December 31, 2015.
For further information regarding USPAP Q & A, please contact John S. Brenan, Director of Appraisal Issues at The Appraisal Foundation: firstname.lastname@example.org or (202) 624-3044.
2013 Biannual Compliance Review Findings of the Appraisal Subcommittee
ATTENTION: Trainees Licensed after July 14, 2007 and their Supervisors
Deadline to Complete the Mandatory Supervisor/Trainee Course is April 3, 2014
As you may be aware, Board Rule 600:10-1-16 (j) - Supervision of Trainee Appraisers was effective July 14, 2007 and states: “Trainee appraisers must successfully complete a Board-sponsored course for trainees and supervisors; provided, however, that trainee appraisers credentialed as of the effective date of this rule must successfully complete this course within one (1) year following the effective date of this rule.”
At its April 3, 2013 meeting, the Board voted to adopt the Supervisor/Trainee Course currently being offered online through the Appraisal Institute, in order for current Trainees and Supervisors to satisfy the Board’s requirements to take such a course. Alternatively, Trainees and Supervisors may take any other Appraisal Foundation CAP-approved Supervisor/Trainee Course that may become available and adopted by the Board.
The associated document is an online class schedule for the Appraisal Institute’s course: “Supervising Appraisal Trainees”. This webinar is available every two weeks through the end of the year. This is a 4 hour course and you will receive 4 hours of continuing education. You can locate additional information, or register at www.appraisalinstitute.org.
Your deadline to complete this mandatory course is April 3, 2014. We respectfully request that you take the above course as soon as possible. If you do not take the course in the time permitted, further action may be taken.
We will post additional course offerings on our website as we become aware of them.
ATTENTION NON-AQB COMPLIANT STATE LICENSED APPRAISERS
Effective July 1, 2013 the Real Property Appraiser Qualification Criteria for State Licensed Appraisers changed. As of that date, in order for a state licensed appraiser to remain actively listed on the National Registry, that individual must satisfy current AQB Criteria. If you are not AQB compliant, you are mandatorily listed as inactive.
If you are not currently AQB Compliant and wish to return to an active status on the National Registry you MUST upgrade your appraiser credential. This can be accomplished in one of two ways:
The Appraiser Qualification Criteria outlining upgrade requirements with regard to education and work product review is available here.
If you would like an information packet mailed to you regarding the upgrade process; want to confirm whether or not you are AQB compliant; or have any additional questions or concerns, please contact Board staff at email@example.com or call (405) 521-6636.
The above referenced Appraisal Subcommittee Bulletin is available here.
Summary of 2015 AQB Criteria Changes
Summary of 2015 AQB Criteria changes
Dodd-Frank Financial Reform Bill (HR-4173)
FAQ’s with regard to appraisal issues published by The Appraisal Institute, September 2010
Office of the Comptroller of the Currency, Treasury (OCC);
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Contact the Oklahoma Real Estate Appraiser Board:
Oklahoma Real Estate Appraiser Board
5 Corporate Plaza
3625 NW 56th, Suite 100
Oklahoma City, OK 73112
Telephone: (405) 521-6636
Fax: (405) 522-6909