Louisiana Administrative Code › Title 46 - PROFESSIONAL AND OCCUPATIONAL STANDARDS › Part LXVII - Real Estate › Subpart 2 - Appraisers › Chapter 103 - License Requirements › Section LXVII-10309 - Application for Experience Credit

Current through Register Vol. 50, No. 6, June 20, 2024
A. Applicants for a certified residential or
				  certified general real property appraiser license shall satisfy the education
				  and experience requirements prior to receiving an authorization for
				  testing.
B. Experience credit shall
				  be approved by the board in accordance with
The Real Property Appraiser
				  Qualification Criteria,
May 2018, prescribed by the Appraiser
				  Qualifications Board of the Appraisal Foundation (AQB) or its successor.
				  Calculation of experience hours shall be based solely on actual hours of
				  experience.
C. Only those real
				  property appraisals consistent with the "Uniform Standards of Professional
				  Appraisal Practice" or its successor will be accepted by the board for
				  experience credit.
D. A peer
				  review committee appointed by the board, as prescribed in
				  R.S.
				  37:3395.1, shall serve in the following
				  capacity.
1. Committee members shall serve at
				  the discretion of the board and may be removed at any time, with or without
				  cause, upon written notice from the board.
2. The initial term of each committee member
				  shall be for a period of two years, which shall automatically extend for
				  successive two year terms, until such time that the member resigns from the
				  committee, is replaced by a new board appointee, or is removed by the
				  board.
3. Committee members shall
				  be certified residential or certified general real estate appraisers that have
				  been licensed in good standing for a minimum of five years.
4. Committee members shall have completed the
				  supervisory appraiser course, or its equivalent, as determined by the
				  board.
5. Committee members may
				  decline any request for direct mentoring without prejudice.
6. Duties of the peer review committee shall
				  not require committee meetings or reports to the board, as each member shall
				  operate independent of the other members; however, members shall be subject to
				  oversight by the board and shall respond accordingly to any board
				  inquiry.
7. Committee members shall
				  be available to licensed trainees and certified appraisers via telephone or
				  e-mail for direct mentoring, which may include one or more of the following:
a. examination of appraisals or other work
				  samples;
b. feedback to mentored
				  appraiser regarding examined work samples;
c. help with appraisal methodology;
				  and
d. answering queries on
				  specific appraisal assignments.
8. Committee members assigned to assist
				  investigators shall provide the following assistance, as needed:
a. specific appraisal methodology
				  insight;
b. uniform standards of
				  professional appraisal practice insight;
c. benefit of competency and experience in
				  appraisal practice; and
d. any
				  other available assistance, as requested.
9. Committee members assigned to assist
				  investigators shall remove themselves from any investigation where there may be
				  an actual or perceived conflict of interest.