Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) To obtain
a Trainee License, an applicant shall satisfy the following minimum education
requirements:
(1) Completion of basic education
that covers the minimum number of hours and specific topics required by AQB for a
trainee license and meets the minimum requirements of Section
3542;
(2) Completion of a BREA approved course that, at
a minimum, complies with the specifications for course content established by the
AQB, which is specifically oriented to the requirements and responsibilities of
supervising appraisers and trainee appraisers. The course is not eligible towards
the qualifying education required to obtain the license; and
(3) All education shall be completed within the
five-year period immediately preceding the date the application was received by the
Bureau.
(b) To accrue
acceptable experience for a Residential or Certified Residential License, trainee
licensees shall:
(1) Acquire experience pursuant
to Section 3541;
(2) Work under the direct technical supervision of
an appraiser licensed at the certified level and in good standing; and
(3) Maintain an appraisal log in conformance with
the requirements of Section
3563.
(c) Trainees shall maintain copies of appraisal
reports which appear on the log and comply with the continuing education
requirements of Section
3543.
(d) Supervising appraisers shall be required to:
(1) Personally inspect the property with the
trainee until the trainee is competent to make unsupervised inspections in
accordance with the Competency Rule of USPAP for the type of property being
appraised;
(2) Review the trainee's
appraisal report;
(3) Accept
responsibility for the appraisal report by signing and certifying that the report is
in compliance with USPAP;
(4) Review and
initial each page of the trainee's Log of Appraisal Experience Form REA 3004 (Rev.
01/01/2023) and verify under penalty of perjury that the work was completed under
the supervising appraiser's supervision; and
(5) Maintain records of the trainee's appraisals
in accordance with USPAP.
(e)
Supervising appraisers shall meet the following requirements:
(1) Be licensed at the certified level for a
minimum of three years with the Bureau prior to being eligible to become a
supervising appraiser;
(2) Be in good
standing with the Bureau for a period of at least three years;
(3) Not supervise more than three trainees at one
time;
(4) Not be subject to any
disciplinary action within any jurisdiction within the last three years, that
affects the supervisor's legal eligibility to engage in appraisal practice;
and
(5) Complete a BREA approved course
that, at a minimum, complies with the specifications for course content established
by the AQB and that is specifically oriented to the requirements and
responsibilities of supervising appraisers and trainee appraisers. The course shall
be completed by the supervising appraiser prior to supervising trainee
appraisers.
Note: Authority cited: Sections 11313, 11314, 11327 and 11340,
Business and Professions Code. Reference: Section 11341, Business and Professions
Code.
Note: Authority cited: Sections
11313,
11314,
11327
and
11340,
Business and Professions Code. Reference: Section
11341,
Business and Professions Code.
