Oregon Administrative Rules
Chapter 161 - APPRAISER CERTIFICATION AND LICENSURE BOARD
Division 25 - SCOPE OF PRACTICE AND PROCEDURES
Section 161-025-0025 - Supervising Appraiser (SA)
Current through Register Vol. 63, No. 3, March 1, 2024
To supervise Registered Appraiser Assistants, the supervising appraiser must be state-certified and in "good standing" for a period of at least 3 years. Supervising Appraisers shall not have been subject to any disciplinary action within any jurisdiction within the last 3 years that affects the Supervising Appraiser's legal eligibility to engage in appraisal practice. Only qualified State Certified Residential Appraisers and State Certified General Appraisers may supervise Registered Appraiser Assistants.
(1) Supervisory appraisers may not supervise more than three (3) registered appraiser assistants at one time.
(2) The supervising appraiser shall be responsible for the training, guidance and direct supervision of the appraiser assistant by accepting responsibility for the appraisal by signing and certifying the appraisal complies with USPAP, reviewing and signing the appraiser assistant appraisal reports, and personally inspecting each appraised property with the appraiser assistant until the supervisory appraiser determines the appraiser assistant is competent to inspect the property, in accordance with the COMPETENCY RULE of USPAP for the property type and all applicable appraisal laws and rules. To do so, the supervising appraiser must:
(3) Ensure that the appraiser assistant gains sufficient knowledge, skills and abilities that will enable them to do all of the following:
(4) Review each appraisal report the appraiser assistant prepares to ensure accuracy and reliability;
(5) Ensure that the appraisal report includes proper disclosure regarding the inspection of the subject and the comparable sales as required by OAR 161-025-0060(3).
(6) Make a clear and prominent disclosure of real estate appraisal assistance in each appraisal report by identifying each individual category of experience that the appraiser assistant provided as outlined in OAR 161-025-0025(1)(a) through (h); and
(7) Accept responsibility for the appraisal report by signing and certifying that the report has been prepared in compliance with USPAP.
(8) Ensure that the appraiser assistant will be granted experience credit by doing the following:
Statutory/Other Authority: ORS 674.305(8) & 674.310
Statutes/Other Implemented: ORS 674