30 Miss. Code. R. 1501-11.6 - Experience

1. The Appraiser Trainee shall be subject to the direct supervision of a State Certified Supervisory Appraiser who shall be state certified, in good standing and subject to the Board's approval. No experience may be gained by the Appraiser Trainee unless the Board has approved the State Certified Supervisory Appraiser with whom they are working.

2. The State Certified Supervisory Appraiser shall be responsible for the training and direct supervision of the Appraiser trainee by:

(a) Accepting all responsibility for the appraisal and the report by signing and certifying that the report is in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) and by further documenting the tasks completed by the Appraiser Trainee and verifying the time (hours) the Appraiser Trainee spent providing the appraisal assistance.

(b) Personally inspecting and being physically present at each appraised property with the Appraiser Trainee, if an inspection is required, until such time as the Certified Supervisory Appraiser determines that the Appraiser Trainee is competent to inspect the property type in accordance with the Competency Rule of USPAP.

(c) Sign all appraisals as the Supervisory Appraiser if an Appraiser Trainee documents the appraisal as being part of their appraisal experience log.

3. The Appraiser Trainee is permitted to have more than one Certified Supervisory Appraiser, but each must be approved by the Board prior to any experience being earned.

4. An appraisal experience log shall be maintained jointly by the Appraiser Trainee and the Certified Supervisory Appraiser, with each sheet signed by the Certified Supervisory Appraiser and shall, at a minimum, include the following:

(a) Type of property

(b) Date of the report with client name and address

(c) Address of appraised property

(d) Description of work performed by the Appraiser Trainee and the scope of the review and supervision of the Certified Supervisory Appraiser.

(e) Number of actual work hours by the Appraiser Trainee on the assignment

(f) Signature and state certification number of the supervising Certified Appraiser.

5. Separate appraisal experience logs shall be maintained for each Certified Supervisory Appraiser.

6. Documented and verified appraisal experience hours of an Appraisal Trainee are acceptable for the Licensed Appraiser credential, the Certified Residential credential or the Certified General credential.

Notes

30 Miss. Code. R. 1501-11.6

Miss. Code Ann. §§ 73-34-5, 73-34-9(1)(c), 73-34-59

Amended 10/28/2015 Amended 1/10/2020