Oregon Law
Law as of Jan 1, 2026
Chapter contents
674.010Definitions 674.020Purposes 674.100Persons engaged in real estate appraisal activity required to be certified, licensed or registered; exclusions; violations 674.103Consideration of energy efficient improvements 674.105Authority of Appraiser Certification and Licensure Board to require fingerprints 674.120Nonresident certificate or license recognized; criteria 674.130Appraisal standards for federally related transactions 674.140Grounds for discipline 674.145Procedures to follow before instigating disciplinary proceedings; timing of proceedings; rules 674.150Maintenance of appraisal records 674.160Reciprocal agreements with other states; procedures 674.170[1993 c.465 §5; repealed by 2005 c.730 §77] 674.200Definitions for ORS 674.200 to 674.250 674.205Registration requirement; exceptions; list of registrants; renewal; rules 674.210Surety bond 674.215Audits; rules 674.220Prohibited activities 674.225Payment to independent contractor appraiser 674.230Forwarding of complaints; rules 674.235Denial, suspension and revocation of registration 674.240Duty to report unethical or unprofessional conduct 674.245Documentation of training; rules 674.250Fees 674.305Appraiser Certification and Licensure Board; appointment; term; compensation; conduct of business; rules 674.310Duties and powers of board; rules 674.320Continuing authority of board 674.330Fees; rules 674.340Board funds; Federal Registry Fund 674.343[2001 c.521 §1; 2003 c.14 §428; repealed by 2005 c.109 §9] 674.346[2001 c.521 §2; repealed by 2005 c.109 §9] 674.349[2001 c.521 §3; 2003 c.794 §316; repealed by 2005 c.109 §9] 674.352[2001 c.521 §4; repealed by 2005 c.109 §9] 674.355[2001 c.521 §5; repealed by 2005 c.109 §9] 674.358[2001 c.521 §6; 2003 c.794 §317; repealed by 2005 c.109 §9] 674.361[2001 c.521 §7; repealed by 2005 c.109 §9] 674.364[2001 c.521 §8; 2003 c.405 §9; repealed by 2005 c.109 §9] 674.367[2001 c.521 §9; repealed by 2005 c.109 §9] 674.405Adjustments to appraisal not required based on form of conveyance 674.410Written report required to present testimony on appraisal 674.850Civil penalties 674.990Criminal penalties 674.995Civil penalties for violation of ORS 674.200 to 674.250

Chapter 674 — Real Estate Appraisers and Appraisal

ORS 674.225 Payment to independent contractor appraiser

Except in the case of breach of contract or substandard performance of real estate appraisal activity, an appraisal management company shall make payment to an independent contractor appraiser for the completion of an appraisal or appraisal review assignment:

(1)

Within 45 days after the appraiser provides the completed appraisal report to the appraisal management company; or

(2)

In accordance with another payment schedule agreed to by the appraiser and the appraisal management company.

Note: See note under 674.200.

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Provenance

Version history

2026-01-01

2025 Oregon Revised Statutes — official online source