(a)Supervision of appraiser trainees required.
(1)An appraiser trainee may perform appraisals or
appraiser services only under the active, personal and diligent direction
and supervision of a supervisory appraiser.
(2)An appraiser trainee may be supervised by more
than one supervisory appraiser.
(3)Number of Appraiser Trainees Supervised.
(A)Supervisory appraisers may supervise
no more than three appraiser trainees at one timeunless the requirements
in subsection (a)(3)(B) are met; or [.]
(B)Supervisory appraisers may supervise
up to five appraiser trainees at one time if:
(i)the supervisory appraiser has
been licensed as a certified appraiser for more than five years; and
(ii)all of the supervisory appraiser's
appraiser trainees participate in the voluntary trainee experience
reviews established in §153.22 of this chapter.
(4)A supervisory appraiser may be added during the
term of an appraiser trainee's license if:
(A)The supervisory appraiser and appraiser trainee
have provided proof to the Board of completion of an approved Appraiser
Trainee/Supervisory Appraiser course;
(B)an application to supervise has been received and
approved by the Board; and
(C)the applicable fee has been paid.
(5)A licensed appraiser trainee who signs an appraisal
report must include his or her license number and the word "Trainee"
as part of the appraiser trainee's signature in the report.
(b) - (h)(No change).
The
agency certifies that legal counsel has reviewed
the proposal and found it to be within the state agency's legal authority
to adopt.
Filed with the Office
of the Secretary of State on November 20, 2017
TRD-201704729 Kristen Worman
General Counsel
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: January 7, 2018
For further information, please call: (512) 936-3652
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