12 Alaska Admin. Code § 70.935

Current through October 17, 2024
Section 12 AAC 70.935 - Supervision of trainee appraisers
(a) A supervisory appraiser shall
(1) be in good standing in this state and not subject to any disciplinary action within any jurisdiction within the last three years that affects the supervisory appraiser's legal eligibility to engage in appraisal practice; a supervisory appraiser subject to a disciplinary action is in good standing three year after the successful completion or termination of the sanction imposed against the appraiser;
(2) have been a state-certified appraiser for at least three years before being eligible to become a supervisory appraiser; and
(3) comply with the Competency Rule of the Uniform Standards of Professional Appraisal Practice for the property type and geographic location for which the trainee supervisor is being supervised;
(b) A supervisory appraiser may not supervise more than three trainee appraisers at one time.
(c) A supervisory appraiser shall be responsible for the training, guidance, and direct supervision of the trainee appraiser by
(1) accepting responsibility for a trainee appraiser's appraisal reports by signing each report and certifying that the report is in compliance with the Uniform Standards of Professional Appraisal Practice;
(2) reviewing the trainee appraisal reports; and
(3) personally inspecting each appraised property with the trainee appraiser until the supervisory appraiser determines that the trainee appraiser is competent, in accordance with the Competency Rule of the Uniform Standards of Professional Appraisal Practice, for the property type.
(d) A trainee appraiser shall report to the department, on a form provided by the department, the identity of any supervisory appraiser. A trainee appraiser may have more than one supervisory appraiser. If a trainee appraiser has more than one supervisory appraiser the trainee appraiser shall report the identify of each supervisory appraiser as required under this subsection.
(e) A supervisor trainee relationship becomes effective on the date of receipt by the department of the original required form with original signature.
(f) The supervisory appraiser and the trainee appraiser shall jointly maintain an appraisal log that for each appraisal includes at least
(1) identification of the type of property;
(2) the date of the report;
(3) the address of the appraised property;
(4) a description of work performed by the trainee appraiser and the scope of the review and supervision of the supervisory appraiser;
(5) the number of actual work hours by the trainee appraiser on the assignment; and
(6) the signature and state certification number of the supervisory appraiser; separate appraisal logs shall be maintained for each supervisory appraiser, if applicable.
(g) Before supervising a trainee appraiser, a supervisor appraiser shall complete a course that
(1) complies with the specifications for course content established by the Appraiser Qualifications Board of the Appraisal Foundation; and
(2) is specifically oriented to the requirements and responsibilities of supervisory appraisers and trainee appraisers.
(h) The course that an applicant for certification under 12 AAC 70.125 as a trainee appraiser must take
(1) must
(A) comply with the specifications for course content established by the Appraiser Qualifications Board of the Appraisal Foundation; and
(B) be specifically oriented to the requirements and responsibilities of supervisory appraisers and trainee appraisers; and
(2) is not eligible towards the 75 hours of qualifying education required under 12 AAC 70.125.

12 AAC 70.935

Eff. 6/28/2015, Register 214, July 2015; am 4/8/2021, Register 238, July 2021

Authority:AS 08.87.020

AS 08.87.120