Vermont Statutes Title 26 Sec. 3319a
Terms Used In Vermont Statutes Title 26 Sec. 3319a
- AQB: means the Appraisal Qualifications Board of the Appraisal Foundation as referenced in the Act. See
- Director: means the Director of the Office of Professional Regulation. See
- Office: means the Office of Professional Regulation. See
- Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 3319a. Appraiser trainee registration
(a)(1)(A) A person who has completed a course of instruction approved by the AQB may work as a certified residential or certified general appraiser trainee provided the person is registered with the Office.
(B) An appraiser trainee shall work under the direct supervision of an appraiser who holds either a certified residential or a certified general license in good standing and has held the certified residential or certified general license for at least the minimum number of years required by the AQB.
(2)(A) An appraiser trainee may perform activities within the scope of practice of the license sought, provided that the supervising appraiser reviews and signs all resulting appraisals.
(B) The supervising appraiser shall be professionally responsible for such activities performed by the trainee.
(3) As used in this subsection, “good standing” means that the appraiser supervisor holds a current, unrestricted license.
(b) [Repealed.]
(c) The Director may give credit for training hours, not exceeding 10 percent of the total hourly experience requirement, for hours worked or training given that does not include or is unrelated to a site inspection.
(d) Appraiser trainees registered with the Board as of July 1, 2013 and who continue on to satisfy the requirements specified by the AQB may become State licensed appraisers, notwithstanding the elimination of that license category. (Added 1993, No. 217 (Adj. Sess.), § 9; amended 2003, No. 60, § 18; 2005, No. 27, § 96; 2005, No. 148 (Adj. Sess.), § 37; 2013, No. 27, § 41; 2013, No. 138 (Adj. Sess.), § 42; 2019, No. 30, § 21.)