Pennsylvania Code (Last Updated: April 5, 2016) |
Title 49. PROFESSIONAL AND VOCATIONAL STANDARDS |
PART I. Department of State |
Subpart A. Professional and Occupational Affairs |
Chapter 36. State Board of Certified Real Estate Appraisers |
SubChapter A. GENERAL PROVISIONS |
Section 36.54. Duties of supervisory appraiser
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(a) A certified residential real estate appraiser or certified general real estate appraiser who utilizes an appraisal assistant before October 1, 2010, shall:
(1) Provide written notification to the Board of the name and address of the assistant when the assistant begins work for the appraiser.
(2) Directly supervise and control the assistants work, assuming total responsibility for the contents of the appraisal report, including all value conclusions.
(3) Accompany the assistant during the physical inspection of the property until the assistant has logged 300 hours of appraisal experience or until the supervising appraiser determines the assistant is competent under USPAP to perform the physical inspection unaccompanied, whichever is the longer period.
(4) Co-sign the appraisal report as a certified real estate appraiser under § 36.52 (relating to use of certificate number and title) and, unless the appraisal assistant checklist referenced in paragraph (5) is made part of the appraisal report submitted to the client, either have the assistant sign the appraisal report as assistant to the certified real estate appraiser or identify the assistant in the certification section of the appraisal report, or in addendum to the appraisal report, as having provided significant real property appraisal assistance.
(5) Co-sign a Board-approved appraisal assistant checklist that has been completed by the assistant and relates to the assistants work on the appraisal report.
(6) Provide a current or former assistant who is applying for appraiser certification with copies of designated appraisal reports and appraisal assistant checklists requested by the Board to verify the assistants experience.
(b) A certified residential real estate appraiser or certified general real estate appraiser who utilizes a licensed appraiser trainee shall:
(1) Have at least 5 years experience as a residential or general appraiser.
(2) Supervise no more than three trainees at one time.
(3) Directly supervise and control the trainees work, assuming total responsibility for the contents of the appraisal report, including all value conclusions.
(4) Accompany the trainee during the physical inspection of the property until the trainee has logged 300 hours of appraisal experience or until the supervising appraiser determines the trainee is competent under USPAP to perform the physical inspection unaccompanied, whichever is the longer period.
(5) Co-sign a Board-approved appraiser trainee checklist that has been completed by the trainee, relates to the trainees work on the appraisal report and is made part of the appraisal report submitted to the client.
(6) Provide a current or former trainee who is applying for appraiser certification with copies of designated appraisal reports requested by the Board to verify the trainees experience.
(c) A certified general real estate appraiser who utilizes a certified residential real estate appraiser as an assistant for an appraisal of nonresidential property or an appraisal of residential property of more than four dwelling units shall:
(1) Directly supervise and control the residential appraisers work, assuming total responsibility for the contents of the appraisal report, including all value conclusions.
(2) Accompany the residential appraiser during the physical inspection of the property until the general appraiser determines the residential appraiser is competent under USPAP to perform the physical inspection unaccompanied.
(3) Co-sign the appraisal report as set forth in § 36.52 and specify in the appraisal report the nature of the significant real property appraisal assistance rendered by the residential appraiser.
(4) Provide the residential appraiser, at the time of application for general appraiser certification, with copies of designated appraisal reports requested by the Board to verify the residential appraisers experience.
The provisions of this § 36.54 adopted July 20, 2007, effective July 21, 2007, 37 Pa.B. 3367; amended July 16, 2010, effective July 17, 2010, 40 Pa.B. 3956. Immediately preceding text appears at serial page (342161).
Notation
The provisions of this § 36.54 issued under sections 5(2), 6(f) and 10(b) of the Real Estate Appraisers Certification Act (63 P. S. § § 457.5(2), 457.6(f) and 457.10(b)); and section 3, 4(d) and 12 of the Assessors Certification Act (63 P. S. § § 458.3, 458.4(d) and 458.12); amended under the Real Estate Appraisers Certification Act (63 P. S. § § 457.1457.19).