| (a) A person desiring to be an appraiser trainee may
apply to the Board on the approved application form for trainee authorization.
In addition to the requirements set forth in §1103.353 of the
Act, a prospective appraiser trainee must:
(1) complete 75 creditable classroom hours as set forth
in the Trainee Core Curriculum of the AQB;
(2) pass the 15-hour National USPAP course and examination;
and
(3) complete a Board approved Appraiser Trainee/Sponsor
course.
(b) Once a person is licensed as an appraiser trainee
by the Board, the person may perform appraisals or appraiser services
only under the active, personal and diligent direction and supervision
of a sponsoring appraiser. The trainee's authorization to perform
appraisals or appraisal services terminates if:
(1) the appraiser trainee license expires due to nonpayment
of the renewal fee or failure to satisfy the educational or experience
requirements for renewal; or
(2) the appraiser trainee's authority to act has been
suspended or revoked by the Board.
(c) The sponsoring appraiser shall immediately notify
the Board and the trainee in writing of any termination of sponsorship
of an appraiser trainee, on a form approved by the Board and shall
pay a fee set by the Board not later than the 10th day after the date
of such termination.
(d) If an appraiser trainee's license has expired or
been revoked by the Board or the appraiser trainee is no longer under
the sponsorship of a sponsoring appraiser, the appraiser trainee may
not perform the duties of an appraiser trainee until an application
to sponsor the trainee has been filed together with payment of the
appropriate fee and approved by the Board.
(e) Sponsoring appraisers are responsible to the public
and to the Board for the conduct of the appraiser trainee under the
Act. After notice and hearing, the Board may reprimand a sponsoring
appraiser or may suspend or revoke a sponsoring appraiser's or supervisor's
license based on conduct by the appraiser trainee constituting a violation
of the Act or a rule of the Board.
(f) A sponsor may be added during the term of an appraiser
trainee's license, by completing a form approved by the Board, paying
a fee set by the Board, and completing a Board approved Appraiser
Trainee/Sponsor course.
(g) The sponsoring appraiser assumes all the duties,
responsibilities, and obligations of a sponsor as specified in these
rules and must diligently supervise the appraiser trainee. Diligent
supervision includes, but is not limited to, the following:
(1) direct supervision and training as necessary;
(2) ongoing training and supervision as necessary after
the sponsor determines that the appraiser trainee no longer requires
direct supervision;
(3) communication with and accessibility to the appraiser
trainee; and
(4) review and quality control of the appraiser trainee's
work.
(h) 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 appraisal report.
(i) Sponsoring appraisers may sponsor no more than
three trainees at one time. Notification of sponsorship of an appraiser
trainee must be provided in writing to the Board on a form approved
by the Board with payment of the appropriate fee prior to the start
of sponsorship.
(j) Sponsors must approve and sign the appraiser trainee's
appraisal log and experience affidavit at least quarterly and provide
appraiser trainees with access to any appraisals and work files completed
under the sponsor.
(k) Sponsors must be in good standing and not subject
to any disciplinary action within the last three years that affected
the sponsor's eligibility to engage in appraisal practice. Disciplinary
action taken against a sponsor within the last three years that did
not affect the sponsor's eligibility to engage in appraisal practice
must be disclosed in writing to the appraiser trainee prior to sponsorship.
(l) Beginning September 1, 2015, all sponsors and appraiser
trainees must provide proof that they have completed a Board approved
Appraiser Trainee/Sponsor course at the time they renew their license.
The course must have been completed within four years of the expiration
date of the current license.
(m) To obtain Board approval of an Appraiser Trainee/Sponsor
course, a course provider must submit form ATS-0, Appraiser Trainee/Sponsor
Course Approval, adopted herein by reference, and satisfy the Board
that all required content set out in form ATS-0 is adequately covered.
Approval of an Appraiser Trainee/Sponsor course shall expire two years
from the date of Board approval. An approved Board Appraiser Trainee/Sponsor
course may be delivered through classroom or distance education. The
delivery mechanism for distance education courses offered by a non-academic
provider must be approved by an AQB-approved organization providing
approval of course design and delivery.
(n) Sponsors who complete the Appraiser Trainee/Sponsor
course may receive ACE credit for the course.
(o) Appraiser Trainees may not receive qualifying or
ACE credit for completing the Appraiser Trainee/Sponsor course.
|
| Source Note: The provisions of this §153.21 adopted to be effective March 2, 1992, 17 TexReg 1231; amended to be effective November 10, 1993, 18 TexReg 7542; amended to be effective July 21, 1994, 19 TexReg 5354; amended to be effective November 17, 1999, 24 TexReg 10090; amended to be effective April 1, 2001, 26 TexReg 2163; amended to be effective March 20, 2006, 31 TexReg 2158; amended to be effective October 12, 2006, 31 TexReg 8367; amended to be effective August 28, 2007, 32 TexReg 5368; amended to be effective December 27, 2010, 35 TexReg 11660; amended to be effective November 1, 2011, 36TexReg7316; amended to be effective June 12, 2013, 38 TexReg 3587; amended to be effective March 18, 2014, 39 TexReg 1930; amended to be effective September 7, 2014, 39 TexReg 6857; amended to be effective March 19, 2015, 40 TexReg 1379 |
