Appraisers Credentials in Oregon, Application Components, Renewal Procedures, and Disciplinary Actions Disclosure
(1)There are three categories of appraisers in Oregon; state licensed appraiser, state certified residential appraiser, and state certified general appraiser.
(2)Unlicensed/Uncertified individuals may assist in the preparation of an appraisal, but are not allowed to sign the appraisal report.
(3)The application process has three components: Education, Experience and Examination. Appraisers in Oregon must demonstrate competency by meeting prerequisite qualifying or continuing education, experience and examination requirements established by the Board. On all initial and upgrade applications for credentialing, the Board must:
(a)Use a reliable means of approving appraiser experience;
(b)Select the work product to be analyzed for USPAP compliance;
(c)Analyze a representative sample of the applicant’s work product;
(d)Exercise due diligence to determine whether submitted documents of work product or experience demonstrates compliance with USPAP.
(4)All licenses and certificates are subject to renewal every two years on or before the last day of the license or certificate holder’s birth month.
(a)Each license or certificate may be renewed upon receipt of the renewal fee specified in OAR 161-003-0020 (Fees), a complete renewal application that includes a current, recognizable, passport style color photograph of the applicant (taken within 30 days preceding receipt of the application), evidence of the completion of continuing education requirements as provided in 161-020-0150 (Time Requirements for Qualifying Education and Continuing Education), and the fee. The completed application, fee, and evidence of continuing education requirements must be received in the Board office on or before the expiration date of the license to be considered timely. If the expiration date falls on a weekend or legal holiday, the renewal application must be received no later than 5:00 p.m. on the next business day following the date of expiration.
(b)Renewal applications received after the expiration date and within one (1) year of the date of expiration shall be assessed a late fee in addition to the renewal fee. It is unlawful for any appraiser to engage in, carry on, advertise or purport to engage in or carry on real estate appraisal activity within this state after a license or certificate has expired and prior to properly renewing the expired license or certificate.
(c)If an appraiser fails to renew their license or certificate within one year from the date of expiration, the status of the license or certificate becomes terminated and they must reapply pursuant to OAR 161-010-0020 (Qualifying Appraiser Experience for Certification and Licensure) through 161-010-0065 (Prerequisite Experience and Education Requirements for State Licensed Appraisers).
(d)Licensees on active duty with the United States Armed Forces at the time of renewal may, upon written request to the Board, be provided a military deferral allowing for their otherwise complete application, including fee and evidence of continuing education, to be considered timely if received by the Board within 180 days of release from active duty.
(5)Each licensee shall notify the Board within thirty (30) days of any disciplinary action imposed in any other state in which the person holds a license or certificate.
Rule 161-010-0010 — Appraisers Credentials in Oregon, Application Components, Renewal Procedures, and Disciplinary Actions Disclosure,