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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 600. Real Estate Appraiser Board |
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Chapter 10. Licensure and Certification Requirements |
SECTION 600:10-1-2. Definitions
Latest version.
- The following words or terms, when used in this Chapter, shall have the following meaning, unless the context clearly indicates otherwise:"Board" means the Oklahoma Real Estate Appraiser Board."Certificate of course completion" means a document acceptable to the Board which signifies satisfactory completion of the course and reflects the hours of credit earned."Classroom hour" is equal to fifty (50) minutes out of each sixty (60) minute segment."Continuing education" means education that is creditable toward the education requirements that must be satisfied to renew licensure or certification as a Trainee, State Licensed Appraiser, State Certified Residential Appraiser, and State Certified General Appraiser."Instructor" means a person who meets the qualifications as set out at Section 10-1-8(a)(6)."Provider" means a person, corporation, professional association or its local affiliates, or any other entity which is approved by the Board and provides approved qualifying and continuing education to real estate appraisers."Qualifying education" means education that is creditable toward the education requirements for initial licensure or certification or upgrade of existing licensure or certification under one or more of the four real estate appraiser classifications (Trainee Appraiser, State Licensed Appraiser, State Certified Residential Appraiser, and State Certified General Appraiser)."Standards of professional appraisal practice" as referred to in the Oklahoma Certified Real Estate Appraisers Act, 59 O.S. §§858-700 et seq. means the Uniform Standards of Professional Appraisal Practice."State Certified General Appraiser" means a person who meets the requirements for certification pursuant to 59 O.S. § 858-710."State Certified Residential Appraiser" means a person who meets the requirements for certification pursuant to 59 O.S. § 858-710."State Licensed Appraiser" means a person who meets the requirements for certification pursuant to 59 O.S. § 858-710."Trainee Appraiser" means a person who meets the requirements for certification pursuant to 59 O.S. § 858-710."Uniform standards" means the Uniform Standards of Professional Appraisal Practice, as authorized by the Appraisal Standards Board of the Appraisal Foundation pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, which are the standards rules that meet the minimum requirements adopted by the Appraisal Foundation, and which are incorporated by reference.