D.C. Mun. Regs. tit. 17, r. 17-2323
Current through Register Vol. 71, No. 49, December 6, 2024
Rule 17-2323 - APPRAISER TRAINEE2323.1 The Board may issue an appraiser trainee license to an applicant who has completed prelicensure education as follows:
(a) Seventy-five (75) classroom hours of instruction that shall include thirty (30) hours in basic appraisal principles, thirty (30) hours in basic appraisal procedures, and the fifteen (15) hour National USPAP course or its equivalent; and (b) A course of instruction, approved by the Board, which covers the requirements and responsibilities of supervisory appraisers and appraiser trainees. 2323.2The Board shall approve prelicensure education that meets the following requirements:
(a) The content of the curriculum offered in the courses, seminars, workshops, or conferences used by an applicant to meet the prelicensure education requirements shall follow the guidelines established by the AQB in the publication, "AQB Guide Note 1 (GN-1)." (b) A classroom hour is equal to fifty (50) minutes of each sixty (60) minute segment and includes time devoted to tests which are considered to be part of the course; (c) The minimum length of the educational offering is fifteen (15) hours and the individual successfully completes an examination pertinent to that educational offering; (d) All qualifying education shall have been obtained from, and certified by, one or more of the following: (1) Colleges or universities; (2) Community or junior colleges; (3) Real estate appraisal or real estate related organizations; (4) State or federal agencies or commissions; (5) Proprietary schools; or (6) Other providers approved by the Board or the Educational Licensure Commission; and (e) All qualifying education shall have been obtained within the five (5)-year period immediately preceding application for licensure. 2323.3 There are no examination or experience requirements for the appraiser trainee classification.
2323.4 Within four (4) years of the issuance of his or her license, the appraiser trainee shall pass one (1) of the following examinations approved by the Board:
(a) The licensed residential real property appraiser examination; (b) Certified residential real property appraiser examination; or (c) Certified general real property appraiser examination. 2323.5The appraiser trainee shall be subject to direct supervision by a supervising appraiser.
2323.6 To be eligible as a supervising appraiser, an individual must meet the following requirements:
(a) The supervising appraiser shall be licensed as a Certified Residential Real Property Appraiser or a Certified General Real Property Appraiser in the District; (b) The supervising appraiser shall have been licensed as a Certified Residential Real Property Appraiser or a Certified General Real Property Appraiser, in the District or another jurisdiction, for at least three (3) years; (c) The supervising appraiser shall be in good standing, and shall not have been subject to any disciplinary action that impacted his or her ability to lawfully engage in appraisal practice, in the District or another jurisdiction, within the last three (3) years; and (d) The supervising appraiser shall complete a course of instruction, approved by the Board in accordance with AQB guidelines, which covers the requirements and responsibilities of supervisory appraisers and appraiser trainees. 2323.7 The supervising appraiser shall be responsible for the training and supervision of the trainee by:
(1) Accepting responsibility for appraisal reports prepared by the appraiser trainee by signing and certifying that the report complies with the USPAP; (2) Reviewing the appraiser trainee reports; and (3) Personally inspecting each appraised property with the appraiser trainee until the supervising appraiser determines that the appraiser trainee is competent in accordance with the competency provision of the USPAP for the property type. 2323.8The appraiser trainee may have more than one (1) supervising appraiser, but a supervising appraiser may not have more than three (3) appraisal trainees.
2323.9The appraiser trainee shall maintain a separate appraisal log for each supervising appraiser, and each log shall include at least the following information for each appraisal record:
(c) Client name and address; (d) Address of appraised property; (e) Description of work performed, scope of review, and supervision of the supervising appraiser; (f) Number of actual work hours; and (g) Signature and license number of the supervising appraiser. 2323.10The supervising appraiser and the appraiser trainee shall be jointly responsible for ensuring that the appraiser log is accurate, current, and in compliance with § 2323.9.
2323.11 An applicant for renewal of an appraiser trainee license shall submit proof of having completed all continuing education credits required pursuant to § 2310.2 of this chapter.
2323.12 The appraiser trainee shall be entitled to obtain copies of appraisal reports that he or she prepared.
2323.13 The supervising appraiser shall keep copies of appraisal reports for a period of at least five (5) years or at least two (2) years after the final disposition of any judicial proceedings in which testimony was given, whichever period expires last.
D.C. Mun. Regs. tit. 17, r. 17-2323
Final Rulemaking published at 40 DCR 8480 (December 10, 1993); as amended by Final Rulemaking published at 53 DCR 5846 (July 21, 2006); as amended by Final Rulemaking published at 55 DCR 9991 (September 26, 2008); as amended by Final Rulemaking published at 58 DCR 10590, 10600 (December 16, 2011); as amended by Final Rulemaking published at 60 DCR 9714 (June 28, 2013); as Amended by Final Rulemaking published at 61 DCR 13131 (December 26, 2014)Authority: The Director of the Department of Consumer and Regulatory Affairs, pursuant to the authority set forth in D.C. Official Code § 47-2853.10(a)(11) and (12) (2005 Repl.) and Mayor's Order 2000-70, dated May 2, 2000.