ENROLLED HOUSE
BILL NO. 2748	By:	Kirby, Pittman and Ritze of the House

			     and

		Johnson (Rob) and McAffrey of the Senate

An Act relating to professions and occupations; amending 59 O.S. 2011, Section 858-715, which relates to the Oklahoma Certified Real Estate Appraisers Act; modifying application process for reciprocity; and providing an effective date.

SUBJECT:  Oklahoma Certified Real Estate Appraisers Act

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

SECTION 1.     AMENDATORY     59 O.S. 2011, Section 858-715, is amended to read as follows:

Section 858-715.  A.  Every applicant for certification pursuant to the provisions of the Oklahoma Certified Real Estate Appraisers Act who is not a resident of this state shall submit, with the application for certification, an irrevocable consent that service of process upon the applicant may be made by delivery of the process to the Secretary of State if, in an action against the applicant in a court of this state arising out of the applicant's activities as an Oklahoma certified real estate appraiser, the plaintiff cannot, in the exercise of due diligence, effect personal service upon the applicant.

B.  Nonresidents of this state may make certified appraisals in this state only if the appraiser is certified in a state with a reciprocity agreement to recognize the certification of appraisers from Oklahoma An appraiser licensed by and residing in another state who is not licensed as an Oklahoma appraiser and who does not obtain an Oklahoma temporary practice permit for such purpose, may apply for and obtain an Oklahoma reciprocal license if:

1.  The appraiser licensing and certification program of the state of the appraiser’s licensure and residence is in compliance with the reciprocity provisions of 12 U.S.C. 3351(b) and such other state has in place a policy of issuing a reciprocal certification or license for an appraiser licensed by another state; and 

2.  The nonresident appraiser holds a valid certification from a state whose requirements for appraiser certification or licensing meet or exceed the appraiser licensure standards established by the Oklahoma Certified Real Estate Appraisers Act.

SECTION 2.  This act shall become effective November 1, 2012.

Passed the House of Representatives the 14th day of February, 2012.

	
Presiding Officer of the House of
	Representatives

Passed the Senate the 18th day of April, 2012.

	
Presiding Officer of the Senate