ORS § 674.225

Current through 2024 Regular Session legislation effective April 17, 2024

Section 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.

ORS 674.225

Amended by 2013 Ch. 364, § 1, eff. 1/1/2014.

2010 c. 87, § 6; 2011 c. 447, § 13

See note under 674.200.