Ohio § 4768.03 Duties of real estate appraiser board

Ohio Statutes

§ 4768.03 — Duties of real estate appraiser board

Ohio § 4768.03

Title 47Occupations-Professions

Ch. 4768Appraisal Management Companies

This text of Ohio § 4768.03 (Duties of real estate appraiser board) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 4768.03 (2026).

Text

The real estate appraiser board shall do all of the following:

(A)Adopt rules, in accordance with Chapter 119. of the Revised Code in furtherance of this chapter, including, but not limited to, all of the following:

(1)Procedures for criminal records checks that are required under section4768.06of the Revised Code, in accordance with division (L) of section121.08and division (C) of section4768.06of the Revised Code;

(2)The following nonrefundable fees:

(a)The initial appraisal management company license fee, which shall not exceed two thousand dollars;

(b)The annual renewal fee, which shall not exceed two thousand dollars;

(c)The late filing fee, which shall not exceed one thousand dollars, for the renewal of a license under division (C) of section4768.07of the Revised Code. (

Free access — add to your briefcase to read the full text and ask questions with AI

The real estate appraiser board shall do all of the following:

(A) Adopt rules, in accordance with Chapter 119. of the Revised Code in furtherance of this chapter, including, but not limited to, all of the following:

(1) Procedures for criminal records checks that are required under section4768.06of the Revised Code, in accordance with division (L) of section121.08and division (C) of section4768.06of the Revised Code;

(2) The following nonrefundable fees:

(a) The initial appraisal management company license fee, which shall not exceed two thousand dollars;

(b) The annual renewal fee, which shall not exceed two thousand dollars;

(c) The late filing fee, which shall not exceed one thousand dollars, for the renewal of a license under division (C) of section4768.07of the Revised Code.

(3) Requirements for settlement agreements that the superintendent of real estate and professional licensing and an appraisal management company or other person may enter into under division (H) of section4768.13or division (C) of section4768.14of the Revised Code;

(4) Presumptions of compliance with regard to the customary and reasonable fees required under division (B) of section4768.12of the Revised Code. In adopting rules under division (A)(4) of this section, the board shall consider presumptions of compliance promulgated for the same purpose under the federal "Truth in Lending Act," 82 Stat. 146, 15 U.S.C. 1631 et seq.;

(5) Rules regarding consent to service of process for appraisal management companies in accordance with division (A)(6) of section4768.06of the Revised Code.

(B) Determine the appropriate disciplinary actions to be taken against a person, including a licensee, under section4768.13of the Revised Code;

(C) Hear appeals, pursuant to Chapter 119. of the Revised Code, from decisions and orders that the superintendent issues pursuant to this chapter;

(D) Request that the superintendent initiate an investigation of a violation of this chapter or the rules adopted under it, as the board determines appropriate.

Last updated October 4, 2023 at 3:58 PM