Can unlicensed appraisers sign a USPAP report

[Hall McClenahan]

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.

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You are correct, there are many times assistance is rendered, there is also a big difference between rendering assistance and being primary or secondary on an assignment. Regarding this specific post, the trainee was at minimum the second chair and as I read it attempted to complete the assignment as primary. If HC is correct then it would mandate, IMHO, a signature.

If a contract states a trainee may not complete the assignment then I believe that is what should be done. There is a way a trainee may do the assignment and learn without violating that contractual requirement. Just not as Financially rewarding.

 

[Steve Owen]

I have a copy of a commercial appraisal prepared for a property owner, signed by a "trainee appraiser" who has no license, traineed or otherwise. Supervisor is Certified General. Co State regs say they must be licensed if the appraisal is for a federally regulated transaction. (although some states regulate that all "appraisers" need to be licensed)

It contains a "appraiser certification" that the "the report and opinions conform to USPAP" and the unlicensed trainee has signed the certification. I was just curious, I did not find a specific reference in USPAP. Anybody can apparently give an opinion of value (in CO anyway); but can they call it a USPAP complient report. If the propoerty owner is to borrow money, the bank will get a "real" appraisal : )

Just looking for USPAP reference regarding "licensed" appraisers. Competency et al are seperate issues.

Bob in CO

You did not specify in your original post whether the certified supervisor also signed the report. There is nothing wrong with the unlicensed trainee signing a report (unless specific state regs prohibit it). However, for the report to be useable by a regulated institution in a Federally Related Transaction, it would have to also be signed by the supervisor, who must take full responsibility for everything in it.

 

[joe huffman]

You will find the answer in USPAP

 

[Rlong]

You will find the answer in USPAP

?? ok

this could be an answer to anything... ingenious..