issue a letter informing you of eligibility to take your exam

Ch 7 - Chapter Seven: CA Jurisdictional Requirements for

Supervisory Appraiser and Trainee Appraiser Flashcards Approved ApplicationAccording to the BREA Licensing Requirements

Handbook:Once an application is approved, BREA will

issue a letter informing you of eligibility to take your exam along with your Applied Measurement Professionals (AMP) identification number that is required to schedule your exam.Upon successful completion of the exam, applicants

then submit all of the following:Application for Issuance Of

License form (REA 3008)Original copy of the passing score resultsThe requested work samples for BREA's reviewBalance of the license fees, if anyThe expiration date of an appraiser license is normally two years from the date of issuance.what does Section 11321 state? (Signature and Title)Section 11321 states that no person other than a licensee may assume or use any title, designation or abbreviation likely to create the impression of state licensure as a real estate appraiser. So a Trainee Appraiser needs to be careful to avoid any action that could mislead someone into thinking that the Trainee Appraiser is actually licensed or certified as an appraiser.This section also states "No person other than a licensee may sign an appraisal. A trainee licensed pursuant to Section 11327 may sign an appraisal if it is also signed by a licensee." So this means a Trainee Appraiser in California may sign an appraisal report, as long as the report is also signed by the Supervisory Appraiser.California Experience LogCalifornia BREA has its own specific log form (identified as REA 3004) which is available on the BREA website.The Bureau maintains a specific page with a clickable list of all the required forms, which can be accessed here:http://www.brea.ca.gov/html/AllForms.shtmlYou will note that there is even an "Example Log of Appraisal Experience" which shows an example of a partially completed experience log. This example can be accessed directly here:https://brea.ca.gov/forms/REA_3004.pdf According to the California appraiser licensing law, who is required to promulgate requirements for licensure and discipline of real estate appraisers?The Division of Real EstateThe Bureau of Real Estate AppraisersThe Appraisal SubcommitteeAppraisal Management Companies The Bureau of Real Estate Appraisers

Processing ApplicationWithin 90 days of receipt of an application for initial licensure or renewal, BREA must provide written notice to the applicant that the application is complete or deficient. If the application is deficient, the notice must describe what information is deficient and/or inadequate.Within 90 days of receipt of a complete application, BREA must issue or deny the requested license or accreditation.An application shall be denied whenever the applicant does not exercise due diligence in completion of an application or examination.Examples of failure to exercise due diligence that appear in

the regulations include:Failure to appear for an examination

within 1 year of the initial admit letterFailure to complete an application within 1 year of submission to the officeFailure to respond to a written request for additional information within 60 daysIf an application is denied due to the applicant's failure to meet certain minimum requirements, the applicant may have certain rights to have the decision reviewed in a hearing. These rights are contained in California laws and regulations and should be reviewed by an applicant who finds himself or herself in this situation.When an applicant for an appraiser credential in California submits a complete application, BREA has _____ days to issue or deny the requested credential.90120180365 90 defenitionsAppraisal" means a written statement independently and impartially prepared by a qualified appraiser setting forth an opinion in a federally related transaction as to the market value of an adequately described property as of a specific date, supported by the presentation and analysis of relevant market information."Director" or "Chief" means the Chief of the Bureau of Real Estate Appraisers."Federal financial institutions regulatory agency" means the Federal Reserve Board, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Office of Thrift Supervision, Federal Home Loan Bank System, National Credit Union Administration, and any other agency determined by the director to have jurisdiction over transactions related to this part."Federally related real estate appraisal activity" means the act or process of making or performing an appraisal on real estate or real property in a federally related transaction and preparing an appraisal as a result of that activity."Federally related transaction" means any real estate-related financial transaction which a federal financial institutions regulatory agency engages in, contracts for or regulates and which requires the services of a state licensed real estate

appraiser regulated by this part. This term also includes any transaction identified as such by a federal financial institutions regulatory agency."License" means any license, certificate, permit, registration, or other means issued by the office authorizing the person to whom it is issued to act pursuant to this part within this state."Office" or "Bureau" means the Bureau of Real Estate Appraisers.As the term "license" is used in the law, it is a generic term that would include the credentials held by licensed appraisers, licensed trainees, certified residential and certified general appraisers.Supervisory and Trainee RequirementsThese AQB minimum requirements for Trainees and Supervisory Appraisers are contrasted in the charts below.Trainee Appraisers Requirement AQB Minimum/ CaliforniaEducation75 hours/150 hoursExperienceNo requirement/ No requirementExamNo requirement/ No requirementInspect unsupervised?After supervisor deems competent/ After supervisor deems competent Under California regulations, a supervising appraiser must:Personally inspect each property with the trainee until the trainee is competent to make unsupervisedinspections for the type of property being appraisedReview the trainee's appraisal reportAccept responsibility for the report by signing and certifying that the report is in compliance with USPAPReview and initial each page of the trainee's Log ofExperience Form REA 3004 and verify under penalty of perjury that the work was completed under his or her supervisionMaintain records of the trainee's appraisals in accordance with USPAPSupervising appraisers must be certified-level appraisers (e.g., Certified Residential - AR, or Certified General - AG), and must be in good standing with BREA. A supervising appraiser may not supervise more than three trainees at one time.Initial ApplicationThe Licensing Requirements Handbook states that to apply for an initial license, applicants must complete and submit

all of the following:Initial Application (REA 3001)Basic

Education Attachment (REA 3002) along with copies of official transcripts and/or course completion certificatesLog of Appraisal Experience (REA 3004) along with certifications on page 2 of the form (this is not required for Trainee level)Experience Log Summary (REA 3003) which summarizes information from the Log of Appraisal Experience (this is not required for Trainee level)Statement of Citizenship, Alienage, and Immigration Status for State Public Benefits (REA 3030) along with proof of legal presence in the U.S.Request for Live Scan Service (BCII 8016) or if the applicant lives out of state, two FD-258 completed finger print cardsConsent to Service of Process (REA 3006) if the applicant's physical address is outside of CaliforniaAll appropriate fees as requiredNote that the Consent to Service of Process form (REA 3006) is not required if the applicant's address is in California.End of Page