- (1) The department will permanently revoke the registration of an appraiser when it has received a certified copy of a final determination, as prescribed by this rule, that the appraiser has committed civil or criminal fraud or misrepresentation.
- (2) Such determination must be by a court, state or local government administrative body, or statutorily authorized board of arbitration, and must result from a claim or defense in the proceeding based upon an allegation that the appraiser committed such fraud or misrepresentation.
- (3) Such determination shall be ‘final,’ when no longer subject to review by a court or body of higher jurisdiction.
- (4) The appraiser’s registration shall then be removed from the data base of currently registered appraisers.
Statutory/Other Authority
ORS 305.100
Statutes/Other Implemented
ORS 308.010
History
REV 57-2024, amend filed 12/26/2024, effective 01/01/2025
Renumbered from 150-308.010(1), REV 58-2016, f. 8-13-16, cert. ef. 9-1-16
RD 6-1994, f. 12-15-94, cert. ef. 12-30-94