Illinois Administrative Code
Title 68 - PROFESSIONS AND OCCUPATIONS
Part 1455 - REAL ESTATE APPRAISER LICENSING
Subpart F - ENFORCEMENT PROVISIONS
Section 1455.316 - Supervisor and Trainee Requirements
Universal Citation: 68 IL Admin Code ยง 1455.316
Current through Register Vol. 48, No. 38, September 20, 2024
a) Requirements of a Supervising Appraiser
1) A supervising appraiser shall provide to
the Division in writing the name and address of each Associate Real Estate
Trainee Appraiser within 10 days after engagement, and notify the Division in
writing within 10 days after termination of the engagement on a form provided
by the Division.
2) A supervising
appraiser shall instruct and directly supervise an Associate Real Estate
Trainee Appraiser for any classification of license or certificate in the
entire preparation of each appraisal. A supervising appraiser shall provide
direct supervision, being personally and physically present, during a minimum
of the first 500 hours of experience for no fewer than 25 assignments or
thereafter until such time as the supervising appraiser determines the
Associate Real Estate Trainee is competent within the meaning of the AQB's
"Real Property Qualification Criteria" effective January 1, 2015. If a State
Certified General Real Estate Appraiser is supervising an Associate Real Estate
Trainee Appraiser, all appraisals completed during the first 500 hours of
experience may be non-residential appraisals. The supervising appraiser shall
approve and sign all final appraisal documents certifying that the appraisals
are in compliance with USPAP.
3) A
supervising appraiser's determination of competence shall not be unreasonably
withheld. A supervising appraiser shall not cause a trainee to exceed an
additional 350 hours of experience beyond the 500 hours required by subsection
(a)(2), without good cause, in determining that a trainee lacks competence in
accordance with the Competency Rule of USPAP.
4) A supervising appraiser shall hold an
active valid license issued under the Act as a Certified General Real Estate
Appraiser or a Certified Residential Real Estate Appraiser. The license held by
the supervising appraiser shall be in good standing and shall not have been
subject to any disciplinary action within any jurisdiction within the last 3
years that affects the supervisory appraiser's legal eligibility to engage in
appraisal practice. A supervisory appraiser subject to a disciplinary action
would be considered to be in "good standing" 3 years after the successful
completion/ termination of the sanction imposed against the appraiser. An
Illinois certified appraiser seeking to supervise any Associate Real Estate
Trainee Appraisers, prior to being permitted to supervise, must complete:
A) the six-hour Illinois Supervisor-Trainee
Course; or
B) the three-hour AQB
portion of the Illinois Supervisor-Trainee Course followed within one-year by
the Illinois jurisdictional portion.
b) Requirements of an Associate Real Estate Trainee Appraiser
1) An Associate Real Estate
Trainee Appraiser shall provide to the Division, in writing, the name and
address of each supervising appraiser within 10 days of engagement, on a form
provided by the Division, and shall notify the Division, on a form provided by
the Division, within 10 days after termination of the engagement.
2) An Associate Real Estate Trainee Appraiser
shall maintain an appraisal log for each supervising appraiser. The supervising
appraiser and the trainee shall be jointly responsible for maintaining the
appraisal experience log. The log must, at a minimum, include the following for
each appraisal:
A) Type of property;
B) Date of report;
C) Property description;
D) Description of work performed by the
trainee and scope of review and supervision by the supervising
appraiser;
E) Number of actual work
hours by the trainee on the assignment; and
F) The signature and State license number of
the supervising appraiser.
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