ARM 24.207.517

ARM 24.207.517. TRAINEE REQUIREMENTS

SupersededLast amended: 2011Length: 302 wordsOfficial source

Cite as Mont. Admin. R. 24.207.517

(1) A trainee shall: (a) be 18 years of age or older; (b) make application to the board on forms approved by the board; (c) have completed a minimum of 50 percent of approved qualifying education including 15 hours of Uniform Standards of Professional Appraisal Practice (USPAP) in the principles of real estate appraisal prior to making application; and (d) complete the remainder of approved qualifying education hours within the next 12 months or the next renewal, whichever is greater. (2) A trainee shall be under the direct supervision of at least one appraiser mentor. A trainee may have more than one mentor. (3) A trainee shall maintain an activity experience log as prescribed by the board for qualifying activity completed in accordance with USPAP. (4) A trainee license must be renewed by the date set by ARM 24.101.413, following the trainee's original year of licensure. A trainee license may be renewed a total of four times, but may be extended by the board for cause. (5) All qualifying appraisals performed by a trainee must meet USPAP standards. (6) After the original trainee licensing year, a trainee shall meet continuing education requirements established by rule. Qualifying education may be used to meet the continuing education requirements. (7) A trainee shall submit two copies of two different appraisal reports the trainee completed in accordance with USPAP with the trainee's annual renewal. (8) A trainee may not perform qualifying experience without a mentor. (9) A trainee shall perform qualifying experience within Montana. (10) A trainee may not perform qualifying experience outside the scope of the mentor's licensure or certification. (11) The core curriculum for trainee licensure is: (a) basic appraisal principles 30 hours (b) basic appraisal procedures 30 hours (c) the 15-hour national USPAP course 15 hours (d) total trainee education requirements 75 hours
ARM 24.207.517: ARM 24.207.517. TRAINEE REQUIREMENTS | Justis AI