Chapter 124: REAL ESTATE APPRAISAL LICENSING AND CERTIFICATION HEADING: PL 1999, C. 185, §5 (NEW)
Subchapter 3: CERTIFIED GENERAL, CERTIFIED RESIDENTIAL, REAL PROPERTY APPRAISER, APPRAISER TRAINEE, TEMPORARY LICENSE HEADING: PL 1999, C. 185, §5 (NEW)
§14038. Trainee real property appraiser
1. Scope of license. A trainee real property appraiser license entitles the holder to appraise properties pursuant to this section under the supervision of a certified residential real property appraiser or a certified general real property appraiser. The trainee may appraise properties that the supervising certified residential real property appraiser or certified general real property appraiser is permitted by this chapter to appraise and is qualified to appraise.
[ 2005, c. 518, §9 (NEW) .]
2. Professional qualification. Each applicant for a trainee real property appraiser license must meet the licensing requirements promulgated by the appraiser qualifications board. Each applicant must satisfactorily complete 75 creditable class hours as specified in the appraiser qualifications board's required core curriculum, which must include the 15-hour national uniform standards of professional appraisal practice course and examination.
[ 2005, c. 518, §9 (NEW) .]
3. Filing with board. Before employing a trainee real property appraiser, a supervising certified residential real property appraiser or certified general real property appraiser must register the name and starting date of employment of that trainee with the board.
[ 2005, c. 518, §9 (NEW) .]
4. Trainee supervision limitations. A trainee real property appraiser may have more than one supervising certified residential real property appraiser or certified general real property appraiser, but a supervising appraiser may not supervise more than 3 trainee real property appraisers at one time.
[ 2005, c. 518, §9 (NEW) .]
5. Limited license term. A trainee real property appraiser license may only be renewed for 5 annual terms. After 6 years, the trainee is not eligible for license renewal but must qualify as a new applicant.
[ 2009, c. 241, Pt. D, §4 (AMD) .]
6. Effective date. This section takes effect January 1, 2008.
[ 2005, c. 518, §9 (NEW) .]
SECTION HISTORY
2005, c. 518, §9 (NEW). 2009, c. 241, Pt. D, §4 (AMD).
Chapter 124: REAL ESTATE APPRAISAL LICENSING AND CERTIFICATION HEADING: PL 1999, C. 185, §5 (NEW)
Subchapter 3: CERTIFIED GENERAL, CERTIFIED RESIDENTIAL, REAL PROPERTY APPRAISER, APPRAISER TRAINEE, TEMPORARY LICENSE HEADING: PL 1999, C. 185, §5 (NEW)
§14038. Trainee real property appraiser
1. Scope of license. A trainee real property appraiser license entitles the holder to appraise properties pursuant to this section under the supervision of a certified residential real property appraiser or a certified general real property appraiser. The trainee may appraise properties that the supervising certified residential real property appraiser or certified general real property appraiser is permitted by this chapter to appraise and is qualified to appraise.
[ 2005, c. 518, §9 (NEW) .]
2. Professional qualification. Each applicant for a trainee real property appraiser license must meet the licensing requirements promulgated by the appraiser qualifications board. Each applicant must satisfactorily complete 75 creditable class hours as specified in the appraiser qualifications board's required core curriculum, which must include the 15-hour national uniform standards of professional appraisal practice course and examination.
[ 2005, c. 518, §9 (NEW) .]
3. Filing with board. Before employing a trainee real property appraiser, a supervising certified residential real property appraiser or certified general real property appraiser must register the name and starting date of employment of that trainee with the board.
[ 2005, c. 518, §9 (NEW) .]
4. Trainee supervision limitations. A trainee real property appraiser may have more than one supervising certified residential real property appraiser or certified general real property appraiser, but a supervising appraiser may not supervise more than 3 trainee real property appraisers at one time.
[ 2005, c. 518, §9 (NEW) .]
5. Limited license term. A trainee real property appraiser license may only be renewed for 5 annual terms. After 6 years, the trainee is not eligible for license renewal but must qualify as a new applicant.
[ 2009, c. 241, Pt. D, §4 (AMD) .]
6. Effective date. This section takes effect January 1, 2008.
[ 2005, c. 518, §9 (NEW) .]
SECTION HISTORY
2005, c. 518, §9 (NEW). 2009, c. 241, Pt. D, §4 (AMD).
Chapter 124: REAL ESTATE APPRAISAL LICENSING AND CERTIFICATION HEADING: PL 1999, C. 185, §5 (NEW)
Subchapter 3: CERTIFIED GENERAL, CERTIFIED RESIDENTIAL, REAL PROPERTY APPRAISER, APPRAISER TRAINEE, TEMPORARY LICENSE HEADING: PL 1999, C. 185, §5 (NEW)
§14038. Trainee real property appraiser
1. Scope of license. A trainee real property appraiser license entitles the holder to appraise properties pursuant to this section under the supervision of a certified residential real property appraiser or a certified general real property appraiser. The trainee may appraise properties that the supervising certified residential real property appraiser or certified general real property appraiser is permitted by this chapter to appraise and is qualified to appraise.
[ 2005, c. 518, §9 (NEW) .]
2. Professional qualification. Each applicant for a trainee real property appraiser license must meet the licensing requirements promulgated by the appraiser qualifications board. Each applicant must satisfactorily complete 75 creditable class hours as specified in the appraiser qualifications board's required core curriculum, which must include the 15-hour national uniform standards of professional appraisal practice course and examination.
[ 2005, c. 518, §9 (NEW) .]
3. Filing with board. Before employing a trainee real property appraiser, a supervising certified residential real property appraiser or certified general real property appraiser must register the name and starting date of employment of that trainee with the board.
[ 2005, c. 518, §9 (NEW) .]
4. Trainee supervision limitations. A trainee real property appraiser may have more than one supervising certified residential real property appraiser or certified general real property appraiser, but a supervising appraiser may not supervise more than 3 trainee real property appraisers at one time.
[ 2005, c. 518, §9 (NEW) .]
5. Limited license term. A trainee real property appraiser license may only be renewed for 5 annual terms. After 6 years, the trainee is not eligible for license renewal but must qualify as a new applicant.
[ 2009, c. 241, Pt. D, §4 (AMD) .]
6. Effective date. This section takes effect January 1, 2008.
[ 2005, c. 518, §9 (NEW) .]
SECTION HISTORY
2005, c. 518, §9 (NEW). 2009, c. 241, Pt. D, §4 (AMD).
