Mo. Code Regs. Ann. tit. 20, § 2245-3.005
PURPOSE: This rule prescribes the process for an individual to register as a trainee real estate appraiser and the rules governing the practice of real estate appraising by a trainee real estate appraiser. PUBLISHER’S NOTE: The secretary of state has determined that the publication of the entire text of the material which is incorporated by reference as a portion of this rule would be unduly cumbersome or expensive. This material as incorporated by reference in this rule shall be maintained by the agency at its headquarters and shall be made available to the public for inspection and copying at no more than the actual cost of reproduction. This note applies only to the reference material. The entire text of the rule is printed here.
(3) A person may register as a trainee real estate appraiser by submitting the following to the commission:
(5) Training.
(B) The supervising appraiser(s) shall be responsible for the training, guidance, and direct supervision of the registrant by:
appraisal report by signing and certifying that the report complies with the Uniform Standards of Professional Appraisal Practice (USPAP), 2008 Edition. The USPAP, 2008 Edition, is incorporated herein by reference and can be obtained from The Appraisal Foundation, 1155 15th Street NW, Suite 1111, Washington, DC 20005, by calling (202) 347-7722, or at www.appraisalfoundation.org. This rule does not incorporate any subsequent amendments or additions to the USPAP;
report(s) for which the registrant has provided appraisal services; and
property with the registrant until the supervising appraiser determines the registrant trainee is competent, in accordance with the competency rule of USPAP.
(10) days of the termination of a supervisory relationship, the registrant and the supervising appraiser shall notify the commission that the supervisory relationship has been terminated.
(E) The registrant and each supervising appraiser shall maintain an appraisal log. This appraisal log may be maintained jointly, but each shall be individually responsible to assure the completion and availability of the appraisal log regardless of the agreement or practice of the registrant and the supervising appraiser regarding its maintenance. Separate appraisal logs shall be maintained for each supervising appraiser. The registrant and the supervising appraiser shall provide a copy of the appraisal log to the commission upon request. At a minimum, the appraisal log shall include the information required by 20 CSR 2245-2.050 and the following:
trainee and scope of the review and supervision of the supervising appraiser;
trainee on the assignment; and
ber of the supervising appraiser.
AUTHORITY: section 339.509(8), RSMo 2000.* Original rule filed Nov. 21, 2006, effective July 30, 2007. Amended: Filed Nov. 15, 2007, effective May 30, 2008. Amended: Filed June 27, 2008, effective Dec. 30, 2008. *Original authority: 339.509, RSMo 1990, amended 1998.