20:14:05:05.05Experience -- Review of appraisals by secretary midway to upgrade.

When a registered trainee appraiser has achieved at least fifty percent of the experience hours required to upgrade to the state-licensed, state-certified residential, or state-certified general appraiser credential, the registered trainee appraiser may request from the secretary an appraisal review of an appraisal completed by the registered trainee appraiser. The registered trainee appraiser may submit a maximum of two appraisals for review pursuant to this section. The secretary shall review the appraisal for compliance with: (1) The uniform standards; (2) The additional assignment conditions, as required pursuant to § 20:14:06:01.01; and (3) The competency requirement pursuant to § 20:14:09:02. The department shall provide a copy of the appraisal review report to the registered trainee appraiser and the supervisory appraiser. If the appraisal review reveals that the appraisal is not in compliance, the secretary may prescribe remedial education. The secretary may not take disciplinary action against the registered trainee appraiser or the supervisory appraiser for non-compliant appraisal work found pursuant to this section. If the appraisal review reveals that the appraisal is in compliance, the secretary shall grant the registered trainee appraiser credit for the compliant appraisal report when the registered trainee appraiser applies to upgrade to a higher appraiser credential.

Source: 43 SDR 36, effective September 20, 2016; 44 SDR 27, effective August 14, 2017; 49 SDR 48, effective November 22, 2022; 49 SDR 48, effective October 1, 2023.