California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 3 — Licensing and Certification of Real Estate AppraisersChapter 3 — Scope of PracticeSection 11324
An individual who is not a licensee may assist in the preparation of an appraisal in a federally related transaction under the following conditions:
(a) The assistance is under the direct supervision of an individual who is a licensed appraiser and the final conclusion as to value is made by a licensed appraiser.
(b) The final appraisal document in a federally related transaction is approved and signed, with acceptance of full responsibility, by the supervising individual who is licensed by the state pursuant to this part, identifies the assisting individual, and identifies the scope of work performed by the individual who assisted in preparation of the appraisal in a federally related transaction.
Notes
Allows a nonlicensee to assist with preparing a federally related appraisal only under a licensed appraiser’s direct supervision, with the licensed appraiser making the final value conclusion. Requires the final appraisal to be approved and signed by the supervising licensee accepting full responsibility, identify the assistant, and describe the assistant’s scope of work.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 11324 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-3/chapter-3/section-11324