NAC645C.108. Qualifications for supervisory appraiser; requirements for inspection of property by intern.

     1. A supervisory appraiser must:

     (a) Have been certified as a residential appraiser or general appraiser for at least 3 years before he or she supervises a registered intern;

     (b) Be in good standing with the Division;

     (c) Not have been subject to any disciplinary action within the previous 3 years that affects the eligibility of the supervisory appraiser to engage in the business of or act as an appraiser; and

     (d) Not supervise more than two registered interns at a time.

     2. A supervisory appraiser shall personally inspect with a registered intern the first 50 properties assigned to the registered intern for appraisal.

     3. Except as otherwise provided in this subsection, a registered intern who has completed at least 50 appraisals of property to the satisfaction of his or her supervisory appraiser may perform an inspection of property for appraisal which is located within 50 miles of the principal office of his or her supervisory appraiser without the personal supervision of the supervisory appraiser at the site of the property. A supervisory appraiser may submit an application to the Administrator for permission to allow a registered intern to perform inspections of properties for appraisal which are located more than 50 miles from the principal office of his or her supervisory appraiser.

     (Added to NAC by Comm’n of Appraisers of Real Estate by R100-03, eff. 1-30-2004; A by R158-05, 9-18-2006; R088-12, 6-3-2013)