Md. Code Regs. 09.19.04.01

Current through Register Vol. 51, No. 12, June 14, 2024

Section 09.19.04.01 - Supervising Appraisers

A. To be eligible to serve as a supervising appraiser, an individual:

(1) Shall be in good standing;

(2) May not have been subject to any disciplinary action within the immediately preceding 3 years; and

(3) Shall have held a certified residential or certified general real estate appraisal license for at least 3 years.

B. A supervising appraiser may supervise a maximum of three appraiser trainees at one time.

C. A supervising appraiser must complete a Commission-approved course that, at a minimum, complies with the specifications for course content established by the AQB and is oriented toward the requirements, expectations and responsibilities of supervisory appraisers.

D. A supervising appraiser shall notify the Commission on a form prescribed by the Commission of the commencement or termination of a supervisory relationship with a real estate appraiser trainee no later than 10 days after the commencement or termination.

E. A supervising appraiser shall approve, sign and accept responsibility for each appraisal report prepared by a trainee under the supervision of the supervising appraiser.

Md. Code Regs. 09.19.04.01

Regulation .01 amended effective 42:22 Md. R. 1377, eff.11/9/2015