|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
Ch. 571
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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.
16-5A-04.
(A) UNLESS A REAL ESTATE APPRAISER TRAINEE LICENSE IS RENEWED
UNDER THIS SECTION, THE LICENSE EXPIRES 3 YEARS AFTER THE EFFECTIVE DATE
OF THE LICENSE.
(B) (1) BEFORE A REAL ESTATE APPRAISER TRAINEE LICENSE EXPIRES, THE
LICENSEE MAY RENEW THE LICENSE FOR ONE ADDITIONAL 3-YEAR TERM IF THE
LICENSEE:
(I) IS OTHERWISE ENTITLED TO BE LICENSED;
(II) PAYS TO THE COMMISSION A RENEWAL FEE OF $75; AND
(III) SUBMITS TO THE COMMISSION:
1. A RENEWAL APPLICATION ON THE FORM THAT THE
COMMISSION REQUIRES; AND
2. ADEQUATE EVIDENCE THAT THE LICENSEE MEETS THE
MINIMUM CONTINUING EDUCATION REQUIREMENTS ESTABLISHED UNDER THE
FEDERAL FINANCIAL INSTITUTIONS REFORM, RECOVERY, AND ENFORCEMENT ACT
OF 1989.
(2) AT LEAST 1 MONTH BEFORE A REAL ESTATE APPRAISER TRAINEE
LICENSE EXPIRES, THE COMMISSION SHALL MAIL TO THE LICENSEE, AT THE LAST
KNOWN ADDRESS OF THE LICENSEE:
|
|
|
|
|
|
|
|
|
|
- 3029 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
