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must register the name and starting date of employment of that | trainee with the board. |
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| | 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. |
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| | 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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| | 6.__Effective date.__This section takes effect January 1, | 2008. |
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| | Sec. 10. Transition provisions. An applicant who submits a license | application to the Department of Professional and Financial | Regulation, Office of Licensing and Registration, Board of Real | Estate Appraisers between January 1, 2008 and December 30, 2009 | who has satisfactorily completed one or more of the requirements | for licensure, education, experience and examination prior to | January 1, 2008 is deemed to satisfy the requirements for | licensure, education, experience and examination in effect at the | time of application with respect to that requirement as required | for that level of licensure, while such an applicant who has not | satisfactorily completed one or more of the requirements for | licensure, education, experience and examination must meet the | requirements in effect at the time of application with respect to | that requirement. An applicant who does not complete the | requirements for licensure before December 31, 2009 must satisfy | all of the requirements for licensure in effect at the time of | application. |
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| | Sec. 11. License status. On the effective date of this Act every | person holding an active license issued pursuant to the Maine | Revised Statutes, Title 32, chapter 124, subchapter 3 under the | requirements for that level of license in effect prior to January | 1, 2008 remains licensed at the same level and is not required to | meet the new license criteria for that same level of licensure | effective January 1, 2008. |
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| | Sec. 12. Licensed real property appraiser. Beginning January 1, 2008, | every person holding an active real property appraiser license | must be issued a residential real property appraiser license at | the time the licensee next is issued a license. |
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