(1) The Appraiser Certification and Licensure Board may impose a civil penalty, not to exceed $500 for each violation, on a person who violates a provision of ORS § 674.130 to 674.150 or a rule or final order of the board or a judgment made by a court upon application of the board.

Terms Used In Oregon Statutes 674.850

  • Appraisal: A determination of property value.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100

(2) The board may impose a civil penalty on a person who violates ORS § 674.100 (1) in an amount that is:

(a) Not less than $100 and not more than $500 for the first violation; and

(b) Not less than $500 and not more than $1,000 for a subsequent violation.

(3) In addition to the civil penalties set forth in subsection (2) of this section, the board may impose a civil penalty on a person who violates ORS § 674.100 (1) in an amount that does not exceed the amount by which the person profited in the transaction in violation of ORS § 674.100 (1).

(4) The board shall impose civil penalties under this section in the manner provided in ORS § 183.745.

(5)(a) The provisions of this section are in addition to and not in lieu of other enforcement provisions contained in ORS § 674.140 and 674.310.

(b) The civil penalty provisions of subsections (2) and (3) of this section are in addition to and not in lieu of the criminal penalties for uncertified, unlicensed or unregistered real estate appraisal activity in ORS § 674.990.

(6) The remedies provided in this section are in addition to and not exclusive of other remedies provided by law. [1991 c.5 13,14; 1993 c.744 § 223; 2003 c.576 § 541; 2005 c.109 § 7; 2005 c.254 § 9a]