OAR 161-010-0085: Pre-Requisite Experience and Education for Supervising Appraiser

Any licensee wishing to supervise a new appraiser assistant must first apply for and receive a Supervising Appraiser Endorsement. (1) In order to receive a Supervising Appraiser Endorsement, the applicant must: (a) Be state certified for a minimum of three (3) years prior to being eligible to become a Supervisory Appraiser. (b) Be in good standing and not subject to any disciplinary action that affects the Supervisory Appraiser's legal eligibility to engage in appraisal practice within any jurisdiction for a period of at least 3 years prior to being eligible to bcome a supervising appraiser. (c) Complete a minimum of four (4) hours of an AQB approved Supervising Appraiser/Appraiser Assistant Training Course and successfully pass the final exam prior to making application. A prior Supervising Appraiser/Appraiser Assistant Training Course and exam completed for purposes of registering as an appraiser assistant will not count toward obtaining a Supervising Appraiser Endorsement. Supervising Appraisers who have taken a non-AQB approved course prior to January 1, 2015 must complete an approved AQB course before supervising any new appraiser assistants. (d) Submit a completed Supervising Appraiser Endorsement application that includes the following: (A) Non-refundable application fee as described on the application form; and (B) Supervising Appraiser/Appraiser Assistant Training Course completion certificate. (e) Successfully pass a Board analysis of appraisal work product to verify USPAP compliance. (2) Upon application approval, the Board will issue the applicant a Supervising Appraiser Endorsement that authorizes the applicant to act as a Supervising Appraiser pursuant to OAR 161-025-0025. (3) Any applicant may submit a written request to withdraw their application at any time prior to an official action being taken by the Board. (4) A Supervising Appraiser Endorsement may be suspended or revoked if the Board determines that the applicant has failed to directly supervise an Appraiser Assistant as required by OAR 161-025-0025.