Current through August 30, 2024
(a) A supervisory
appraiser shall
(1) be in good standing in
this state and not subject to any disciplinary action within any jurisdiction
within the last three years that affects the supervisory appraiser's legal
eligibility to engage in appraisal practice; a supervisory appraiser subject to
a disciplinary action is in good standing three year after the successful
completion or termination of the sanction imposed against the
appraiser;
(2) have been a
state-certified appraiser for at least three years before being eligible to
become a supervisory appraiser; and
(3) comply with the Competency Rule of the
Uniform Standards of Professional Appraisal Practice for the property type and
geographic location for which the trainee supervisor is being
supervised;
(b) A
supervisory appraiser may not supervise more than three trainee appraisers at
one time.
(c) A supervisory
appraiser shall be responsible for the training, guidance, and direct
supervision of the trainee appraiser by
(1)
accepting responsibility for a trainee appraiser's appraisal reports by signing
each report and certifying that the report is in compliance with the Uniform
Standards of Professional Appraisal Practice;
(2) reviewing the trainee appraisal reports;
and
(3) personally inspecting each
appraised property with the trainee appraiser until the supervisory appraiser
determines that the trainee appraiser is competent, in accordance with the
Competency Rule of the Uniform Standards of Professional Appraisal Practice,
for the property type.
(d) A trainee appraiser shall report to the
department, on a form provided by the department, the identity of any
supervisory appraiser. A trainee appraiser may have more than one supervisory
appraiser. If a trainee appraiser has more than one supervisory appraiser the
trainee appraiser shall report the identify of each supervisory appraiser as
required under this subsection.
(e)
A supervisor trainee relationship becomes effective on the date of receipt by
the department of the original required form with original signature.
(f) The supervisory appraiser and the trainee
appraiser shall jointly maintain an appraisal log that for each appraisal
includes at least
(1) identification of the
type of property;
(2) the date of
the report;
(3) the address of the
appraised property;
(4) a
description of work performed by the trainee appraiser and the scope of the
review and supervision of the supervisory appraiser;
(5) the number of actual work hours by the
trainee appraiser on the assignment; and
(6) the signature and state certification
number of the supervisory appraiser; separate appraisal logs shall be
maintained for each supervisory appraiser, if applicable.
(g) Before supervising a trainee appraiser, a
supervisor appraiser shall complete a course that
(1) complies with the specifications for
course content established by the Appraiser Qualifications Board of the
Appraisal Foundation; and
(2) is
specifically oriented to the requirements and responsibilities of supervisory
appraisers and trainee appraisers.
(h) The course that an applicant for
certification under
12 AAC 70.125 as a trainee
appraiser must take
(1) must
(A) comply with the specifications for course
content established by the Appraiser Qualifications Board of the Appraisal
Foundation; and
(B) be specifically
oriented to the requirements and responsibilities of supervisory appraisers and
trainee appraisers; and
(2) is not eligible towards the 75 hours of
qualifying education required under
12 AAC 70.125.
Authority:AS
08.87.020
AS
08.87.120
