§ 4009 — Appraiser trainee; requirements of supervision

(a) Persons, who are presented to the Council by a supervising appraiser for registration as an appraiser trainee, shall provide a statement to the Council that the trainee:

(1) Shall perform only those specific functions, which have been delineated in the supervising appraiser’s statement; and

(2) Shall practice only under the direct supervision of a state-certified appraiser; and

(3) Shall identify themselves to the public as a real estate appraisal trainee; and

(4) Has not been convicted of a crime that is substantially related to the practice of real estate appraisal. However, if after consideration of the factors set forth under § 8735(x)(3) of Title 29 through a hearing or review of documentation the Council determines that granting a waiver would not create an unreasonable risk to public safety, the Council, by an affirmative vote of a majority of the quorum, shall waive this paragraph (a)(4).

a.-d. [Repealed.]

(b) An applicant, who has been registered by the Council as an appraiser trainee, may assist in the completion of an appraisal report, including an opinion of value, and may co-sign an appraisal, provided that the appraiser trainee is actively and personally supervised by a state-certified real estate appraiser.

(c) In addition, the supervising state-certified real estate appraiser shall review and sign all appraisals prepared under the supervising state-certified real estate appraiser’s supervision by the appraiser trainee and shall accept total responsibility for the appraisal report.

(d) The Council in its regulations shall determine the number of appraiser trainees that a supervising appraiser may supervise and the requirements of their supervision.

Legislative History

75 Del. Laws, c. 105, § 3 ; 70 Del. Laws, c. 186, § 1 ; 75 Del. Laws, c. 436, § 47 ; 76 Del. Laws, c. 340, § 5 ; 77 Del. Laws, c. 199, § 35 ; 78 Del. Laws, c. 44, §§ 68, 69 ; 82 Del. Laws, c. 9, § 3 ; 83 Del. Laws, c. 433, § 28