§ 16-5A-03

Maryland § 16-5A-03

• Jurisdiction: Maryland
• Article gbo: Business Occupations and Professions
• Title: 16

Text

(a) A supervising appraiser shall:

(1) review, sign, and certify that the real estate trainee’s appraisal report complies with the uniform standards of professional appraisal practice;

(2) physically inspect each appraised property with the real estate appraiser trainee until the supervising appraiser determines that the real estate appraiser trainee is competent in accordance with paragraph (3) of this subsection;

(3) determine that the real estate appraiser trainee meets the competency requirements of the uniform standards of professional appraisal practice;

(4) at least once a month, sign and affix the supervising appraiser’s license or certification number to the real estate appraiser trainee’s experience log;

(5) ensure that the tasks assigned a real estate appraiser trainee will, over time, provide the full range of experience required by the Commission;

(6) provide the real estate appraiser trainee with a copy of all appraisal reports prepared by the real estate appraiser trainee that the Commission requests for review; and

(7) keep copies of appraisal reports prepared by the real estate appraiser trainee for the later of:

(i) 5 years; or

(ii) 5 years after final disposition of any judicial proceeding in which testimony was given.

(b) A real estate appraiser trainee shall:

(1) keep separate experience logs for each supervising appraiser;

(2) sign appraisal reports that the real estate appraiser trainee prepares; and

(3) upon request, provide experience logs to the Commission.

(c) A real estate appraiser trainee may have more than one supervising appraiser.

(d) A real estate appraiser trainee may obtain copies of appraisal reports which were prepared by that trainee from the supervising appraiser.

(e) An appraiser trainee is subject to the uniform standards of professional appraisal practice.