No. A trainee is not limited to a specific number of sponsors. However, a sponsor may not sponsor more than five trainees at one time.
Applying for a License
TALCB does not preview whether or not your real estate appraisal experience will qualify as acceptable experience hours for a particular license. You can review Texas Occupations Code (Chapter 1103, Subchapter E, Sections 1103.201-1103.213) and TALCB rules (22 Tex. Admin. Code §153.15) to assist you determining the adequacy of an appraisal or appraisal report. You can also have your work previewed by another appraiser, mentor or USPAP instructor.
Each applicant for a license or certification must go through a mandatory experience audit, which involves a review of a random sample of their work product (inclusive of work files). This experience audit is performed to ensure the experience being claimed was performed in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP).
An Appraisal Management Company (AMC) is an entity authorized to provide appraisal management services by TALCB. AMCs often act as the intermediary between the lender, borrower, realtor, mortgage broker and the appraiser.
The current edition of USPAP is accessible at no cost on the Appraisal Foundation's website. Printed and electronic versions are available for purchase through the Appraisal Foundation's online store.
A Certified General Appraiser is a person licensed by TALCB to perform real property appraisals. A Certified General Appraiser is authorized to appraise all types of real property without regard to complexity or transaction value for federally related transactions and non-federally related transactions.
A Certified Residential Appraiser is a person that is certified by TALCB to perform residential real property appraisals. A Certified Residential Appraiser is authorized for the appraisal of 1-4 unit residential properties without regard to transaction value or complexity of the appraisal for federally related transactions and non-federally related transactions.
A Licensed Residential Appraiser is a person who is licensed by TALCB and has met the educational, experience, and examination requirements for licensing. The scope of work includes appraisal of non-complex residential 1-4 unit properties with a transactional value less than $1,000,000 as well the authority to complete complex federally related transactions (FRT) and non FRT transactions with a value less than 250K.
An Appraiser Trainee is a person who is authorized (approved, but not licensed) by TALCB to gain legal real estate appraisal experience under the supervision of a Certified General or Certified Residential Real Estate Appraiser.