OAR 161-550-0010: Annual Reports

(1) An appraisal management company shall annually submit to the Board on March 31 a report disclosing the following information on a form prescribed by the Board; (a) The number of independent contractor appraisals in the preceding year for which the appraisal management company performed appraisal management services in Oregon; (b) For subject individuals, any action taken by a state to refuse to issue, deny, cancel or revoke a license, certificate or registration to act as an appraiser; (c) For appraisal management companies, any action taken by a state to refuse to issue, deny, cancel or revoke a license, certificate or registration to act as an appraisal management company. (2) A late fee, as established in OAR 161-510-0010, will be charged for any annual report received by the Board after March 31.