ARM 24.207.518

ARM 24.207.518. MENTOR REQUIREMENTS

SupersededLast amended: 2008Length: 243 wordsOfficial source

Cite as Mont. Admin. R. 24.207.518

(1) A mentor for a licensed trainee must: (a) be a certified residential or certified general appraiser for a minimum of two years; (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 Uniform Standards of Professional Appraisal Practice (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 and not currently hold a probationary license 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 activity experience log prescribed by the board of their trainee, certifying its accuracy; (h) inspect the first 50 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 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. (3) Any and all disciplinary actions against your license must be disclosed for board review.
ARM 24.207.518: ARM 24.207.518. MENTOR REQUIREMENTS | Justis AI