Can unlicensed appraisers sign a USPAP report

[Otis Key]

Is there an echo on this thread? DUH.

Go to your padded room for the night. NOW!

 

[Hall McClenahan]

Ok.. I'll take the path untravelled.

Were both signatures on the report? If so why would it not be compliant. There is no issue with an unlicensed party completing a USPAP compliant report along with his mentor.

Most states already hold the trainee to the standards. If the trainee is nearing the completion of their basic training they should be capable of completing the report accurately.

Just because the trainee signature is on the report instead of mentioned as giving assistance should not invalidate the compliance, as long as the CG was present and involved during all phases of the process.

 

[Ray Miller]

In Wisconsin, you can appraised anything except FRTs with out a state license. You may as I understand it now consult on anything.

 

[Rlong]

I concur, it appears to come down to state law – “mandatory and non-mandatory” per Annemieke. I had found the state reg portion previously as I had looked at several states, including CO & NM. Colorado is non-mandatory and addresses only FRT’s. I could not find any reference in USPAP (and everyone’s help here seems to support this).

It is NOT a FRT; My original post had stated:
“I have a copy of a commercial appraisal prepared for a property owner… …If the property owner is to borrow money, the bank will get a "real" appraisal.” Intended use was to set proposed pricing.

As it is not for a FRT, it is probably compliant; the report use is complete, so it is a done deal at this point. Like I said, I was just curious if “anyone” can sign a “USPAP Certification”. In this case the appraisal firm and supervisor has a documented history of compliance issues. I would have voted “Mandatory” State, if they had asked me. (I’ll bring it up our new state director!)

FYI – Hall McClenahan agreed with most comments and added “If the trainee is nearing the completion of their basic training they should be capable of completing the report accurately.” In this case it is a hypothetical partial interest(s), in a proposed resort project with no similar partial interest projects in this part of the state (or a “resort” for that matter), and was not well supported. It appeared over his head, but as it was not for a FRT, I guess we don’t care.

It just “looks funny” on a 100 page commercial appraisal report of an obviously complex assignment. Can your dog sign a report if he “helps you inspect the property"?? I'll let him start on tract homes, tho! - LOL

Thanks all!!

 

[joe huffman]

Try reading the cert pages and then ask how can that person sign....

 

[The Warrior Monk]

Try reading the cert pages and then ask how can that person sign....

Not every report is prepared on a preprinted form.

Read Standard 2-3 for a sample cert page. No Limiting Conditions are required in USPAP.

 

[Carnivore]

Try reading the cert pages and then ask how can that person sign....

Can you point out to us readers who are comprehension challenged what in the cert pages your are refering too?

 

[Hall McClenahan]

well there you go changing the direction.

FYI – Hall McClenahan agreed with most comments and added “If the trainee is nearing the completion of their basic training they should be capable of completing the report accurately.” In this case it is a hypothetical partial interest(s), in a proposed resort project with no similar partial interest projects in this part of the state (or a “resort” for that matter), and was not well supported. It appeared over his head, but as it was not for a FRT, I guess we don’t care.

It just “looks funny” on a 100 page commercial appraisal report of an obviously complex assignment. Can your dog sign a report if he “helps you inspect the property"?? I'll let him start on tract homes, tho! - LOL

Thanks all!!

So it is not the signature you have a problem with it is the poor job. Sounds like just another case of a mentor who is not doing his job, not training his pupil, and just collecting a check regardless of out come.

We do care! Personally, I think every report a trainee works on should be signed by the trainee not just mentioned someplace in the report. Even if they just took pictures. Put them on the hook from day one. If we want this industry to do what is right, we need to instill it from day one.

Since the "report" was junk the real issue was the poor job done by the mentor not the trainee. Had the mentor been qualified the student would appear to have been qualified by the end of the job. It should never have gone out the door until it was acceptable. Had it been correctly done, would you care who signed it or how many signatures was on it?

Just another case of why their should be a special certification as MENTOR, with specific rules and regulations holding them to even higher standards. While everybody can share "tricks" and "how things are done", very few can truly "Teach".

As a side note if my dog could write I would let him sign, I trust him more than I trust most people.

 

[Mr Rex]

Hal, I think a Trainee is "on the hook" whether they sign or not. They are acting as an Appraiser and providing professional assistance in the report. If they contribute, they must disclose and are now "hooked". USPAP's requirements for disclosure of assistance doesn't just include Trainees, there are many, many times when a Licensed or Certified Residential or even Certified General Appraiser provide assistance and because of the relationship with the client or licensing levels, that the person providing the assistance can not sign.

I undersand what you are saying, but I think when the stink hits the fan, everybody, has a crappy day, no matter where their name appears.

 

[Hall McClenahan]

I understand what you are saying, but I think when the stink hits the fan, everybody, has a crappy day, no matter where their name appears.

One guarantee in this field for sure.