ARM 24.207.518. MENTOR REQUIREMENTS

(1) Beginning October 1, 2003, a mentor for a licensed real estate appraisal trainee shall: (a) be a certified residential or certified general appraiser. A licensed appraiser mentoring a trainee prior to October 1, 2003, may continue to mentor the licensed trainee for not more than 18 months; (b) be approved by the board prior to beginning mentoring duties; (i) a mentor shall make application on forms approved by the board and submit two appraisal reports prepared by the mentor in accordance with USPAP standards; (ii) failure to prepare appraisal reports in compliance with USPAP can result in denial of mentor status; (c) have a minimum of two years appraisal experience as a certified appraiser; (d) be in good standing with the board; (e) certify the mentor's agreement to provide on-going supervision of the licensed trainee; (f) be responsible for and must provide direct supervision of all appraisal work performed by the trainee in accordance with USPAP standards; (g) review and sign the experience log of their trainee, certifying its accuracy; (h) inspect the first 100 properties with each trainee under the mentor's supervision; (i) be limited to mentoring a total of three trainees at any particular time; and (j) be limited to mentoring trainees in geographic areas where the mentor is competent to perform appraisals. (2) A mentor must notify the board within ten days when mentoring of a trainee has terminated.