VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 19 — Appraiser Training a New Appraiser
VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 19 — Appraiser Training a New Appraiser.
Verbatim regulatory text
Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 19 — Appraiser Training a New Appraiser — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 19 — Appraiser Training a New Appraiser
19. Appraiser Training a New Appraiser Change Date February 22, 2019 • This Chapter has been revised in its entirety. a. Training for New Appraisers VA understands the importance of appraisers providing training to new appraisers and is supportive of appraisers who are dedicating their time to training others who are pursuing a career as an appraiser. b. Visiting Properties Trainees may accompany the VA-assigned appraiser when visiting the property. c. Assistance From Trainee A trainee or another appraiser may assist in any part of the appraisal yet the analysis establishing value must be performed by the VA-assigned fee appraiser. The appraiser must select the comparable sales, perform all critical analyses contained in the appraisal report, and prepare the Market Conditions Addendum. d. Reporting Trainee’s Name and Work Performed If a trainee or another appraiser provided assistance or participated in the preparation of the appraisal, the appraiser must provide the name of the trainee or appraiser in the report and describe their role in developing the appraisal. Only the VA-assigned fee appraiser may sign the appraisal report. VA Pamphlet 26-7, Revised Chapter 11: Appraisal Report 11-28