Registered Appraisal Management Company
Last updated 01/07/2025
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Fees
| License Fee |
Description |
Exemptions |
| $0.00 |
|
None
|
Description
An Appraisal Management Company (AMC) is an external third party that oversees an appraiser panel of more than 15 appraisers in Oregon or at least 25 appraisers in 2 or more States. An AMC is authorized by a client to recruit, select and retain appraisers; contract with appraisers to perform appraisal assignments; manage the process of having an appraisal performed, or review and verify the work of appraisers. "Appraisal management company” does not include an entity that employs real estate appraisers exclusively as employees for the performance of real estate appraisal activity. More information on Appraisal Management Companies is available at www.aclboregon.org.
Duration
2 Years
Renewal Information
Renewal requirements information is available at www.aclboregon.org.
Duplicate License Requirements
Information is available at www.aclboregon.org.
Prerequisites and Requirements
Prerequisites
Information on prerequisite requirements for registration as an AMC is available at www.aclboregon.org.
Required Documentation
Information is available at www.aclboregon.org.
Examination Information
None
Continuing Education Requirements
None
Bonding Requirements
Surety Bond required for registration. More information is available at www.aclboregon.org.
Insurance Requirements
Information is available at www.aclboregon.org.
Other Information
None
Statutes, Administrative Rules, Ordinances
Other Detail Information
None
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