(a) - (e)(No change.) (f)Both the sponsoring certified appraiser and any authorized supervisor as well as the appraiser trainee must reside in this state. (g)No individual shall sponsor more than three appraiser trainees at one time after December 31, 2007. Prior to January 1, 2008, individuals sponsoring three or more appraiser trainees may not take on any additional appraiser trainees nor shall they be allowed to renew any sponsorship which would result in the individual sponsoring more the than three appraiser trainees. [An approved appraiser trainee must use the business address of his or her sponsor.] (h)An approved appraiser trainee who signs an appraisal report must include his or her TALCB approval or authorization number and the word "Trainee." (i)Certified 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 prescribed by the board with the appropriate fee prior to the assumption of sponsorship. Termination of sponsorship of an appraiser trainee must be provided in writing to the board on a form prescribed by the board with the appropriate fee prior to the release from sponsorship. A sponsor may designate another certified appraiser to serve as an authorized supervisor on specific appraisal projects for which state authorization is required. An authorized supervisor assumes the same responsibilities as a sponsor when supervising the work of an appraiser trainee. (j) Certified appraisers who sponsor appraiser trainees must provide the trainee with access to any appraisals and work files completed under the sponsor or any authorized supervisor designated by the sponsor. (k)Certified appraisers who sponsor appraiser trainees or serve as an authorized supervisor must be in good standing and not subject to any disciplinary action within the last two years that affects the supervisor's legal eligibility to engage in appraisal practice.
This agency hereby certifies that the proposal has been reviewed
by legal counsel and found to be within the agency's legal authority to adopt.
Filed
with the Office of
the Secretary of State on June 14, 2006
TRD-200603259 Wayne Thorburn
Commissioner
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: July 30, 2006
For further information, please call: (512) 465-3950
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