N.H. Admin. Code § Rab 305.03

Current through Register No. 50, December 12, 2024
Section Rab 305.03 - Real Estate Appraiser Apprentice Log
(a) An apprentice real estate appraiser shall maintain an appraisal log that includes the following information concerning each appraisal assignment in which the apprentice participates:
(1) The name and address of the client;
(2) The type of appraisal report;
(3) The address of the appraised property;
(4) A description of work performed; and
(5) The number of hours claimed for the assignment.
(b) Appraisal logs submitted to the board shall indicate the nature of the apprentice's participation in each assignment.
(c) The apprentice shall set forth within the log, for each assignment, information indicating whether the apprentice was involved in obtaining, calculating or preparing the following:
(1) Land/site inspections and descriptions;
(2) Building inspections and descriptions;
(3) Neighborhood descriptions and analysis;
(4) Highest and best use analysis;
(5) Research of comparable sales and analysis;
(6) Cost analysis;
(7) Income analysis for income properties;
(8) Meaningful sales analysis;
(9) Correlation of data into final value; and
(10) Any other components of the appraisal process.

N.H. Admin. Code § Rab 305.03

#6958, eff 3-23-99, EXPIRED: 3-23-07

New. #8854, INTERIM, eff 3-24-07, EXPIRED: 9-20-07

New. #9018, eff 11-1-07; ss by #10270, eff 2-2-13