Regulation .01 Supervising Appraisers.
Regulation .01 Supervising Appraisers.LinkCopy Citation
A.
To be eligible to serve as a supervising appraiser, an individual:
(1)
Shall be in good standing;
(2)
May not have been subject to any disciplinary action within the immediately preceding 3 years; and
(3)
Shall have held a certified residential or certified general real estate appraisal license for at least 3 years.
B.
A supervising appraiser may supervise a maximum of three appraiser trainees at one time.
C.
A supervising appraiser must complete a Commission-approved course that, at a minimum, complies with the specifications for course content established by the AQB and is oriented toward the requirements, expectations and responsibilities of supervisory appraisers.
D.
A supervising appraiser shall notify the Commission on a form prescribed by the Commission of the commencement or termination of a supervisory relationship with a real estate appraiser trainee no later than 10 days after the commencement or termination.
E.
A supervising appraiser shall approve, sign and accept responsibility for each appraisal report prepared by a trainee under the supervision of the supervising appraiser.