(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 time unless the requirements in subsection
(a)(3)(B) of this section, are met;
(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
must submit requests for the Board to review the appraiser trainee's
work product as specified in §153.22 of this title (relating
to Voluntary Appraiser Trainee Experience Reviews), or satisfy the
required progress monitoring as permitted in §153.16 of this
title (relating to License Reinstatement).
(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)Eligibility requirements for appraiser trainee
supervision.
(1)To be eligible to supervise an appraiser trainee,
a certified appraiser must:
(A)be in good standing and not have had, within the
last three years, disciplinary action affecting the certified
appraiser's legal eligibility to engage in appraisal practice in any
state including suspension, revocation, and surrender in lieu of discipline
[an appraiser certification canceled, surrendered in lieu
of discipline, suspended, or revoked in any state for a substantive
cause related to appraisal practice];
(B)complete an approved Appraiser Trainee/Supervisory
Appraiser course; and
(C)submit proof of course completion to the Board.
(2)Before supervising an appraiser trainee, the supervisory
appraiser must notify the appraiser trainee in writing of any disciplinary
action taken against the supervisory appraiser within the last three
years that did not affect the supervisory appraiser's eligibility
to engage in appraisal practice.
(3)An application to supervise must be received and
approved by the Board before supervision begins.
(c) - (h)(No change.)
Filed with the Office
of the Secretary of State on May 17, 2021
TRD-202101958 Chelsea Buchholtz
Commissioner
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: June 27, 2021
For further information, please call: (512) 936-3652
|
