50 IAC 15-4-1
50 IAC 15-4-1 Certification requirements
Cite as Ind. Admin. Code tit. 50, r. 15-4-1
Sec. 1. (a) To be designated as a professional appraiser, an individual must:
(1) be a certified Level Three assessor-appraiser under IC 6-1.1-35.5;
(2) enter a contract that contains all applicable standard contract provisions developed by the department under IC 6-1.1-4-19.5;
(3) specify in the contract entered under IC 6-1.1-4-19.5 that the contract is void if the individual's appraiser certification,
issued under IC 6-1.1-31.7, is revoked; and
(4) specify in the contract entered under IC 6-1.1-4-19.5 the precise contractual duties that:
(A) the professional appraiser will personally:
(i) fulfill; and
(ii) review, direct, administer, supervise, or oversee;
(B) will be conducted by an administrative assistant or any person other than the professional appraiser; and
(C) will remain the responsibility of the township or county.
(b) Professional appraisers that are firms must:
(1) employ a certified Level Three assessor-appraiser under IC 6-1.1-35.5;
(2) enter a contract that contains all applicable standard contract provisions developed by the department under IC 6-1.1-4-19.5, including, specifically, provisions for sanctions;
(3) specify in the contract entered under IC 6-1.1-4-19.5 that the contract is void if the firm's appraiser certification, issued
under IC 6-1.1-31.7, is revoked; and
(4) specify in the contract entered under IC 6-1.1-4 the:
(A) precise contractual duties a certified Level Three assessor-appraiser will personally fulfill;
(B) precise contractual duties that a certified Level Three assessor-appraiser will personally review;
(C) precise contractual duties that will be conducted by administrative personnel or any person other than a certified Level Three assessor-appraiser; and
(D) precise contractual duties that will remain the responsibility of the township or county.