Justice of the Peace Cameron Cooper (District 3, Romance) tells me that several members of the White County Quorum Court have requested that the Arkansas Appraiser & Licensing Certification Board review Mr. Charles Davis‘ appraisal licensure. An investigation is now reportedly underway.
Many questions arose last month after Mr. Davis was hired by White County Judge Mike Lincoln to conduct an appraisal on a building that the county was considering purchasing for $590,000. The building had been last sold for only $320,000 and the judge initially refused to have the building appraised, even at the request of the quorum court. He finally did have the property appraised. One appraisal was by Mr. Davis, who allegedly is not licensed to conduct such an appraisal, and another appraisal was conducted by the real estate broker for the property.
Reporting here on The Patriot about these potential violations has created quite a stir in the community about the entire OEM building debacle, and has led to many inquiries with the court, conceivably contributing to the initiation of this investigation.
Cooper tells The Patriot:
Several of us have filed a complaint/request for more info with the Appraiser Licensing and Certification Board. Specifically, we want to know the exact scope of Mr. Davis’ license (can he appraise commercial property, any dollar limits he is subject to, etc.)
On Monday of last week, Cooper followed up and told me that the AALCB has told the group of JPs that this will “not be an overnight thing,” and will take some time.
Cooper says he is not sure what recourse the court has if the investigation does indeed reveal violations.
JP Bobby Burns (District 2, Beebe) has also indicated to The Patriot that he joined in the investigation request.
Cooper tells me there are other JPs listed on the complaint, but requested that I contact them individually before releasing their names. I am told there may be as many as 5 JPs listed on the complaint.
Of course, I will keep you posted on further developments.