Jul 11, 2016 - 10:57 AM
Personally inspecting each appraised property with the Trainee Appraiser until the Supervisory Appraiser
determines the Trainee Appraiser is competent to inspect the property, in accordance with the COMPETENCY
RULE of USPAP for the property type.
Competency to inspect without supervision will vary from assignment-to-assignment. For example, after numerous assignments a supervisor may deem a trainee competent to inspect single-unit residential tract-type homes. However, that does not mean the trainee is competent to perform inspections without supervision for large custom homes, condominiums, 2-4 unit residential properties, or atypical/complex property types or assignments. Competency to inspect a property is determined by the Supervisory Appraiser on an individual assignment basis.
Lastly, yes, a Trainee Appraiser can sign an appraisal report and the Supervisory Appraiser must co-sign the appraisal report. This is required regardless of whether the Supervisory Appraiser personally inspected the property.