Section 50 IAC 15-4-1 - Certification requirementsAuthority: IC 6-1.1-31-1; IC 6-1.1-31.7-3; IC 6-1.1-35.5-8.5
Affected: IC 6-1.1-4-19.5; IC 6-1.1-31.7; IC 6-1.1-35.5
Sec. 1.
(a) To be designated as a professional appraiser, an individual must: (1) be a certified Level Three assessor-appraiser under IC 6-1.1-35.5;(2) enter a contract that contains all applicable standard contract provisions developed by the department under IC 6-1.1-4-19.5;(3) specify in the contract entered under IC 6-1.1-4-19.5 that the contract is void if the individual's appraiser certification, issued under IC 6-1.1-31.7, is revoked; and(4) specify in the contract entered under IC 6-1.1-4-19.5 the precise contractual duties that: (A) the professional appraiser will personally: (ii) review, direct, administer, supervise, or oversee;(B) will be conducted by an administrative assistant or any person other than the professional appraiser; and(C) will remain the responsibility of the township or county.(b) Professional appraisers that are firms must:(1) employ a certified Level Three assessor-appraiser under IC 6-1.1-35.5;(2) enter a contract that contains all applicable standard contract provisions developed by the department under IC 6-1.1-4-19.5, including, specifically, provisions for sanctions;(3) specify in the contract entered under IC 6-1.1-4-19.5 that the contract is void if the firm's appraiser certification, issued under IC 6-1.1-31.7, is revoked; and(4) specify in the contract entered under IC 6-1.1-4 the: (A) precise contractual duties a certified Level Three assessor-appraiser will personally fulfill;(B) precise contractual duties that a certified Level Three assessor-appraiser will personally review;(C) precise contractual duties that will be conducted by administrative personnel or any person other than a certified Level Three assessor-appraiser; and(D) precise contractual duties that will remain the responsibility of the township or county.Department of Local Government Finance; 50 IAC 15-4-1; filed Mar 31, 1999, 10:31 a.m.: 22 IR 2483; filed Dec 13, 2002, 3:20 p.m.: 26 IR 1518; filed Dec 14, 2009, 2:34 p.m.: 20100113-IR-050090197FRAFiled 11/2/2020, 9:34 a.m.: 20201202-IR-050190636FRA