Board Urges Real Estate Appaisal Bill's Passage

Article excerpt

GD0;AGB;IP1,2.6;MC3;ITS;PS51,66;XP;END;

By Tim Hartley Fearing that politics has begun to interfere with appraisal reform, the Oklahoma Real Estate Appraisal Board is urging state lawmakers to approve, intact, a reform bill which has been sent to a House-Senate conference committee.

House Bill 1671, a follow up to the Oklahoma Certified Real Estate Appraisers Act of 1990, would satisfy federal standards for licensing and certification of appraisers. It has been approved by the House but has not been brought to a vote in the Senate.

Under the Federal Institutions Recovery and Reform Enforcement Act of 1989 (FIRREA), the states face a July 1 deadline to establish programs for the education, examination, licensing and certification of professional real estate appraisers. Oklahoma and a number of other states have been granted an extension to Dec. 31.

Terry Van Tuyl, Tulsa appraiser and chairman of the Oklahoma Real Estate Appraisal Board, said he believes the delay of House Bill 1671 does nothing to advance the cause of appraisal reform.

Van Tuyl said there apparently is a movement to make State Insurance Commissioner Gerald Grimes a member of the appraisal board - possibly as its permanent chairman.

The Real Estate Appraisal Board was assigned to the State Insurance Department as a neutral site for appraisal reform after the Oklahoma Real Estate Commission expressed interest in providing offices for the board.

"I don't think it's a bad idea at all to have the insurance commissioner as a member of the board," Van Tuyl said, "but I don't think Mr. Grimes is pushing for this himself. I think there are politics going on somewhere that have nothing to do with appraisal reform."

The Real Estate Appraisal Board, established by FIRREA mandate to lead the appraisal reform process in Oklahoma, voted Friday to urge lawmakers to approve House Bill 1671 as soon as possible in its original form.

The board wrote the bill, which lists authors including Rep. Jim Isaac, DMidwest City; Rep. Leonard Sullivan, R-Oklahoma City; Rep. Jack Begley, DGoodwell; and Rep. …