LD 1919
pg. 5
Page 4 of 7 An Act To Amend the Laws Governing Real Estate Appraiser Licensing To Comply wi... Page 6 of 7
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LR 3000
Item 1

 
B.__Pass the appraisal subcommittee licensed residential
real property appraiser examination; and

 
C.__Hold a valid license under this chapter and demonstrate
2,000 hours of appraisal experience obtained during no fewer
than 12 months.

 
3.__Effective date.__This section takes effect January 1,
2008.

 
Sec. 10. 32 MRSA §14038 is enacted to read:

 
§14038.__Trainee real property appraiser

 
1.__Scope of license.__A trainee real property appraiser
license entitles the holder to appraise properties pursuant to
this section under the supervision of a certified residential
real property appraiser or a certified general real property
appraiser.__The trainee may appraise properties that the
supervising certified residential real property appraiser or
certified general real property appraiser is permitted by this
chapter to appraise and is qualified to appraise.

 
2.__Professional qualification.__Each applicant for a trainee
real property appraiser license must meet the licensing
requirements approved by the appraiser qualifications board.__
Each applicant must satisfactorily complete 75 creditable class
hours as specified in the required core curriculum as approved by
the appraisal subcommittee, which must include the 15-hour
national uniform standards of principles of appraisal practice
course and examination.

 
3.__Filing with board.__Before employing a trainee real
property appraiser, a supervising certified residential real
property appraiser or certified general real property appraiser
must register the name and starting date of employment of that
trainee with the board.

 
4.__Trainee supervision limitations.__A trainee real property
appraiser may have more than one supervising certified
residential real property appraiser or certified general real
property appraiser, but a supervising appraiser may not supervise
more than 3 trainee real property appraisers at one time.

 
5.__Limited license term.__A trainee real property appraiser
license may only be renewed for 2 biennial terms.__After 6 years,
the trainee is not eligible for license renewal but must qualify
as a new applicant.


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