§ 36.13. Experience options for preparation of appraisal reports.

 (a)  An applicant for certification as a residential real estate appraiser or a general real estate appraiser under § §  36.11 and 36.12 (relating to qualifications for certification as residential real estate appraiser; and qualifications for certification as general real estate appraiser) shall have acquired experience in the preparation of appraisal reports in one or more of the following:

   (1)  Prior to September 3, 1998:

     (i)   As a licensed real estate broker under the Real Estate Licensing and Registration Act (63 P. S. § §  455.101—455.902) and Chapter 35 (relating to State Real Estate Commission).

     (ii)   As an elected officer, director or employee of a banking institution, savings institution, savings bank, credit union or trust company operating under applicable Federal or State laws, when acting on behalf of the institution in connection with a loan transaction.

     (iii)   As a certified broker/appraiser.

     (iv)   As an assistant to a certified residential real estate appraiser or certified general real estate appraiser, provided the assistant satisfies the requirements of subsection (b).

   (2)  On or after September 3, 1998:

     (i)   As a certified broker/appraiser.

     (ii)   As an assistant to a certified residential real estate appraiser or certified general real estate appraiser, provided the assistant satisfies the requirements of subsection (b).

 (b)  An assistant to a certified general appraiser or certified residential appraiser shall observe the following requirements when preparing an appraisal report:

   (1)  The assistant shall perform an inspection of the interior and exterior of the property.

   (2)  The assistant may not arrive at an independent determination of value.

   (3)  The assistant shall sign the appraisal report as ‘‘assistant to the certified real estate appraiser’’ or be referenced in the certification section of the appraisal report, or in an addendum to the appraisal report, as having provided significant professional assistance.

   The provisions of this §  36.13 issued under sections 5(2), 6(h) and 10(b) of the Real Estate Appraisers Certification Act (63 P. S. § §  457.5(2), 457.6(h) and 457.10(b)); amended under sections 5(2), 6(f) and 10(b) of the Real Estate Appraisers Certification Act (63 P. S. § §  457.5(2), 457.6(f) and 457.10(b)); and sections 3, 4(d) and 12 of the Assessors Certification Act (63 P. S. § §  458.3, 458.4(d) and 458.12).

   The provisions of this §  36.13 adopted July 24, 1992, effective July 25, 1992, 22 Pa.B. 3864; amended July 31, 1992, effective August 1, 1992, 22 Pa.B. 3987; amended April 30, 1993, effective April 31, 1993 and apply retroactively to August 1, 1992, 23 Pa.B. 2118; amended December 3, 1993, effective December 4, 1993, 23 Pa.B. 5634; amended July 20, 2007, effective July 21, 2007, 37 Pa.B. 3367. Immediately preceding text appears at serial pages (267904) to (267905) and (201927).

   This section cited in 49 Pa. Code §  36.11 (relating to qualifications for certification as residential real estate appraiser); 49 Pa. Code §  36.12 (relating to qualifications for certification as general real estate appraiser); and 49 Pa. Code §  43b.15 (relating to schedule of civil penalties—certified real estate appraisers—statement of policy).