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Does the Code permit a broker to select an appraiser from the lender’s list of approved appraisers, if the lender is responsible for the relationship with the appraiser, including compensation?
A:
No. The Code prohibits lenders from relying on an appraisal where the broker had a role in selecting, retaining, or compensating the appraiser.
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How many times may a trainee appraiser renew his or her permit?
A:
(A) Three Top • Are trainee appraisers required to complete continuing education? (A)Trainee appraisers are required to complete 14 hours of continuing education by the time the renewal application is submitted to the Board for the third and fourth y
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