Bill No. 1081, introduced by Tedford and Rader, amends the Oklahoma Certified Real Estate Appraisers Act and the Oklahoma Appraisal Management Company Regulation Act. The bill mandates that all residential appraisal services must include an invoice for the appraiser's compensation as the first page of all assignments. Additionally, it modifies the requirements for appraisal management companies (AMCs) to ensure they disclose fees paid for appraisal services and prohibits AMCs from demanding the removal of invoices that detail the appraiser's compensation.

The legislation also establishes penalties for AMCs or their employees who violate these provisions by removing invoices or pressuring appraisers to do so. The effective date for this act is set for November 1, 2025. Overall, the bill aims to enhance transparency and ethical practices within the real estate appraisal industry in Oklahoma.