<<Prev Rule

Texas Administrative Code

Next Rule>>
RULE §153.21Appraiser Trainees and Sponsors

(a) A person desiring to be an appraiser trainee may apply to the Board on the approved application form for trainee authorization. In addition to the requirements set forth in §1103.353 of the Act, a prospective appraiser trainee must:

  (1) complete 75 creditable classroom hours as set forth in the Trainee Core Curriculum of the AQB;

  (2) pass the 15-hour National USPAP course and examination; and

  (3) beginning January 1, 2015, complete a Board approved Appraiser Trainee/Sponsor course.

(b) Once a person is licensed as an appraiser trainee by the Board, the person may perform appraisals or appraiser services only under the active, personal and diligent direction and supervision of a sponsoring appraiser. The trainee's authorization to perform appraisals or appraisal services terminates if:

  (1) the appraiser trainee license expires due to nonpayment of the renewal fee or failure to satisfy the educational or experience requirements for renewal; or

  (2) the appraiser trainee's authority to act has been suspended or revoked by the Board.

(c) The sponsoring appraiser shall immediately notify the Board and the trainee in writing of any termination of sponsorship of an appraiser trainee, on a form approved by the Board and shall pay a fee set by the Board not later than the 10th day after the date of such termination.

(d) If an appraiser trainee's license has expired or been revoked by the Board or the appraiser trainee is no longer under the sponsorship of a sponsoring appraiser, the appraiser trainee may not perform the duties of an appraiser trainee until an application to sponsor the trainee has been filed together with payment of the appropriate fee and approved by the Board.

(e) Sponsoring appraisers are responsible to the public and to the Board for the conduct of the appraiser trainee under the Act. After notice and hearing, the Board may reprimand a sponsoring appraiser or may suspend or revoke a sponsoring appraiser's or supervisor's license based on conduct by the appraiser trainee constituting a violation of the Act or a rule of the Board.

(f) A sponsor may be added during the term of an appraiser trainee's license, by completing a form approved by the Board, paying a fee set by the Board, and beginning January 1, 2015, completing a Board approved Appraiser Trainee/Sponsor course.

(g) The sponsoring appraiser assumes all the duties, responsibilities, and obligations of a sponsor as specified in these rules and must diligently supervise the appraiser trainee. Diligent supervision includes, but is not limited to, the following:

  (1) direct supervision and training as necessary;

  (2) ongoing training and supervision as necessary after the sponsor determines that the appraiser trainee no longer requires direct supervision;

  (3) communication with and accessibility to the appraiser trainee; and

  (4) review and quality control of the appraiser trainee's work.

(h) 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 appraisal report.

(i) Sponsoring 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 approved by the Board with payment of the appropriate fee prior to the start of sponsorship.

(j) Sponsors must approve and sign the appraiser trainee's appraisal log and experience affidavit at least quarterly and provide appraiser trainees with access to any appraisals and work files completed under the sponsor.

(k) Sponsors must be in good standing and not subject to any disciplinary action within the last three years that affected the sponsor's eligibility to engage in appraisal practice. Disciplinary action taken against a sponsor within the last three years that did not affect the sponsor's eligibility to engage in appraisal practice must be disclosed in writing to the appraiser trainee prior to sponsorship.

(l) To obtain Board approval of an Appraiser Trainee/Sponsor course, a course provider must submit form ATS-0, Appraiser Trainee/Sponsor Course Approval, adopted herein by reference, and satisfy the Board that all required content set out in form ATS-0 is adequately covered. Approval of an Appraiser Trainee/Sponsor course shall expire two years from the date of Board approval. An approved Board Appraiser Trainee/Sponsor course may be delivered through classroom or distance education. The delivery mechanism for distance education courses offered by a non-academic provider must be approved by an AQB-approved organization providing approval of course design and delivery.

(m) Sponsors who complete the Appraiser Trainee/Sponsor course may receive ACE credit for the course.

(n) Appraiser Trainees may not receive qualifying or ACE credit for completing the Appraiser Trainee/Sponsor course.

Source Note: The provisions of this §153.21 adopted to be effective March 2, 1992, 17 TexReg 1231; amended to be effective November 10, 1993, 18 TexReg 7542; amended to be effective July 21, 1994, 19 TexReg 5354; amended to be effective November 17, 1999, 24 TexReg 10090; amended to be effective April 1, 2001, 26 TexReg 2163; amended to be effective March 20, 2006, 31 TexReg 2158; amended to be effective October 12, 2006, 31 TexReg 8367; amended to be effective August 28, 2007, 32 TexReg 5368; amended to be effective December 27, 2010, 35 TexReg 11660; amended to be effective November 1, 2011, 36 TexReg7316; amended to be effective June 12, 2013, 38 TexReg 3587; amended to be effective March 18, 2014, 39 TexReg 1930; amended to be effective September 7, 2014, 39 TexReg 6857

Next Page Previous Page

Home TxReg TAC OM NewTac Public Footer Bar