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MAY 1, 2018 APPRAISER QUALIFICATION CRITERIA
REQUEST FOR WRITTEN COMMENT
The Oklahoma Real Estate Appraiser Board is accepting written comments regarding the Oklahoma Appraisal Management Company Regulation Act, including Board Rules, post Dodd-Frank Act Amendments to Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”), to aid in the analysis by the Real Estate Appraiser Board as to the possible legislative repeal of the Oklahoma Appraisal Management Company Regulation Act, 59 O.S. 858-801 to 858-829, in order to “opt out” of the registration and supervision of appraisal management companies.
Comments should be addressed to Christine McEntire, Director, Oklahoma Real Estate Appraiser Board, 3625 N.W. 56th Street, Suite 100, Oklahoma City, Oklahoma 73112 or to firstname.lastname@example.org.
Comments should be received by February 23, 2018.
There is no pending legislation or rulemaking. Requested comments are for discussion purposes only.
7-HOUR USPAP UPDATE: Each appraiser is required to take the 7-Hour USPAP update on a two-year cycle. In Oklahoma it is an odd-year, even year, cycle. This requirement is unrelated to your three-year continuing education requirement, although you will receive continuing education credit for the USPAP update and it will count towards your 42 hour total.
The current cycle is January 1, 2017 to December 31, 2018 and relates to the 2018-2019 USPAP. Regardless of when you last took the 7-Hour USPAP Update, you must complete this course no later than December 31, 2018.
The schedule of currently offered, live, USPAP update courses can be found on the Course Announcements tab.
The Appraisal Foundation has released the pass rate for licensed and certified credentials for the year 2015.
USPAP Flexibility at a Glance
Dodd-Frank Financial Reform Bill (HR-4173)
Interagency Appraisal and Evaluation Guidelines
The Joint Final Rule for Minimum Requirements for Appraisal Management Companies pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act has been adopted.
|Eric Schoen||Administrative Officeremail@example.com|
|Sherry Ainsworth||Legal Secretaryfirstname.lastname@example.org|
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
Click for DIRECTIONS to our office.