APPLYING FOR YOUR EXAMINATION

All applicants must have a high school diploma or General Education Development (GED) certificate.

Applicants for licensure must complete and submit the licensure/certification examination application, the Arkansas appraiser educational requirements affidavit including the summary of classroom education, the licensed affidavit of experience, the licensure/certification employment history, and the work experience log.

Applicants for residential certification must complete and submit the licensure/certification examination application, the Arkansas appraiser education requirements affidavit including the summary of classroom education, the certified residential affidavit of experience, the licensure/certification employment history, and the work experience log.

Applicants for general certification must complete and submit the licensure/certification examination application, the Arkansas appraiser educational requirements affidavit including the summary of classroom education, the certified general affidavit of experience, the licensure/certification employment history, and the work experience log.

The affidavits must be notarized.

All application materials must be complete and in one envelope when received by the Arkansas Appraiser Licensing & Certification Board.Incomplete or illegible applications and applications with fees not paid as directed will delay processing of applications.

EFFECTIVE JANUARY 1, 1999, ALL APPLICANTS FOR LICENSING WILL BE REQUIRED TO PARTICIPATE IN A PERSONAL COMPETENCY ASSESSMENT INTERVIEW, REGARDING WORK EXPERIENCE, PRIOR TO TAKING THE EXAMINATION!

TIPS FOR APPLYING

	Apply as early as possible.You must meet the application deadline for the test date for which you are applying whether you are applying for the first time or are re-applying to take your examination.
	Read all directions carefully.
	Have your affidavits notarized.
	Fill out your examination application completely.Only fully completed applications will be processed.
	Double check to make sure you have submitted all required fees in the correct amounts and by the correct means.Your application fee must be payable to the Arkansas Appraiser Licensing and Certification Board. All other fees will be payable to the testing company.
	SUBMIT ALL APPLICATION MATERIALS AT ONE TIME AND IN ONE PACKET.Do not submit an incomplete packet.

EDUCATION ELIGIBILITY REQUIREMENTS

Licensed Real Estate Appraiser

To be eligible to become a state licensed appraiser, you must have completed 90 classroom hours (classroom hours shall be 50 minutes out of each 60 minute segment) approved by the Arkansas Appraiser Licensing and Certification Board.The 90 hours must include 15 hours covering the Uniform Standards of Professional Appraisal Practice. The courses must have been at least 15 hours in duration with final examinations that had to be passed at the conclusion of the courses. Duplicate and repeat courses are not acceptable. All courses on the summary of classroom experience must be completed before you submit your application. You may be required to demonstrate that your education involved coverage of all topics listed below and with particular emphasis on the appraisal of one (1) to four (4) residential properties.

Certified Residential Real Estate Appraiser

To be eligible to become a certified residential real estate appraiser,you must have completed 120 classroom hours (classroom hours shall be 50 minutes out of each 60 minute segment) approved by the Arkansas Appraiser Licensing and Certification Board.The 120 hours must include 15 hours covering the Uniform Standards of Professional Appraisal Practice. The courses must have been at least 15 hours in duration with final examinations that had to be passed at the conclusion of the courses. Duplicate and repeat courses are not acceptable.All courses listed on the summary of classroom experience must be completed before you submit your application. You may be required to demonstrate that your education involved coverage of all topics listed below and with particular emphasis on the appraisal of one(1) to four(4) residential properties.

Certified General Real Estate Appraiser

To be eligible to become a certified general real estate appraiser, you must have completed 180 classroom hours (classroom hours shall be 50 minutes out of each 60 minute segment) approved by the Arkansas Appraiser Licensing and Certification Board. The 180 hours must include 15 hours covering the Uniform Standards of Professional Appraisal Practice. The courses must have been at least 15 hours in duration with final examinations that had to be passed at the conclusion of the courses. Duplicate and repeat courses are not acceptable. All courses listed on the summary of classroom experience must be completed before you submit your application.

Applicants for either of the above classifications may be required to demonstrate that their qualifying education for licensing or certification involved coverage of all of the following topics:

1. Influences on Real Estate Value
2. Legal Considerations in Appraisal
3. Types of Value
4. Economic Principles
5. Real Estate Markets and Analysis
6. Valuation Process
7. Property Description
8. Highest and Best Use Analysis
9. Appraisal Statistical Concepts
10. Sales Comparison Approach
11. Site Value
12. Cost Approach
13. Income Approach
14. Gross Rent Multiplier Analysis
15. Estimation of Income and Expenses
16. Operating Expense Ratios
17. Capitalization (For Certified General Only)
18. Valuation of Partial Interest
19. Uniform Standards of Professional Appraisal Practice (USPAP)

Length of Education Courses and Final Examinations

Credit for education courses will be granted only for courses which were at least fifteen (15) hours in length, and which required the successful completion of a final exam.The total number of classroom hours includes the time devoted to examinations which are considered to be part of the courses.

Credit for College Courses

College courses equivalent to the following course titles may be credited for the classroom hours equivalent to the percentage by which the topic is covered on the examination for a specific license or certification. See appendix A for a detailed breakout of minimum qualifying hours per Educational Topic.

	Economics
	Basic Principles of Real Estate (Agents course)
	Business Statistics/or Statistical Analysis
	Fundamentals of Real Estate Investment and Taxation
	Fundamentals of Creating a Real Estate Investment
	Case Studies in Commercial and Investments Real Estate
	Real Estate Law
	Real Estate Finance
	Farm Management
	Agricultural Economics/Marketing

In those instances where one or more of the above courses have been prior approved by the Board, the hours credited will be those granted at the time of approval.

Other college, private provider, and/or association courses may be given partial or full credit upon request if they are pre-approved by the Arkansas Appraiser Licensing and Certification Board with specified credit hours.

Applicants seeking to utilize any of the foregoing courses for qualifying education may be required to provide documentation that course content did, in fact,encompass one or all of the fifteen points listed in appendix A for which they are claiming credit.

ALL QUALIFYING EDUCATION COURSE OFFERINGS MUST BE PRE-APPROVED BY THE ARKANSAS APPRAISER LICENSING AND CERTIFICATION BOARD IN ORDER TO BE ACCEPTABLE.

Credit for Teaching Approved Courses

An individual who teaches an approved course may claim the course, one time only towards the fulfillment of the education requirement.

WORK EXPERIENCE ELIGIBILITY REQUIREMENTS

Licensed Real Estate Appraiser

To be eligible to become a licensed real estate appraiser,you must have completed a minimum of 2,000 hours of appraisal work acquired over any period of time.

Certified Residential Real Estate Appraiser

To be eligible to become a certified residential real estate appraiser, you must have completed a minimum of 2,500 hours of appraisal work experience obtained during no fewer than 24 months.

The following examples of typical hourly credit will serve as a guide toward crediting applicants for the experience prerequisite for residential licensing and certification:

Work experience may also be credited for non-residential appraisals using the Certified General Property Type schedule.

Certified General Real Estate Appraiser

To be eligible to become a certified general appraiser,you must have completed a minimum of 3,000 hours of appraisal work experience obtained during no fewer than 30 months; and of those, at least 1,500 hours must have been in non-residential real property appraisal work.

The following examples of typical hourly credit will serve as a guide toward crediting applicants for the experience prerequisite for general certification:

Rural/Agricultural

Note: An additional 20 hours credit will be awarded for specialty property."Specialty" refers to agricultural income-producing operations such as orchards,dairies,minerals,granary, livestock,hog barns, etc.

Acceptable Work Experience

Acceptable work experience for licensing or certification includes,but is not limited to,the following:

1. Fee and staff appraisals;
2. Ad valorem tax appraisals;
3. Review appraisals;
4. Appraisal analysis;
5. Real estate counseling;
6. Highest and best use analysis;
7. Feasibility analysis/study;
8. Condemnation Apprasing.

Proof of Education and Experience

You must be able to document the education and experience you claim along with your application to the Arkansas Appraiser Licensing and Certification Board.

1. For the education you claim,(unless pre-approved courses),you must be able to supply,upon the Board's request:
2. A summary of the content of each course;
3. The total number of in-class hours in each course;
4. The number of in-class hours you attended each course; and
5. Certification that you completed all assignments and made a passing score on the final examination for each course.

For the experience you claim,you must be able to produce,upon the Board's request at any time within the next five (5) years,appraisal reports (if release of such report(s) is (are) approved by your client(s)),file memoranda,or other documentation satisfactory to the Board to support your claim.

EFFECTIVE JANUARY 1, 1999, ALL APPLICANTS FOR LICENSING WILL BE REQUIRED TO PARTICIPATE IN A PERSONAL COMPETENCY ASSESSMENT INTERVIEW, REGARDING WORK EXPERIENCE, PRIOR TO TAKING THE EXAMINATION!

REVIEW AND ACKNOWLEDGMENT OF APPLICATION PACKETS

Application packets will be thoroughly reviewed by the Arkansas Appraiser Licensing and Certification Board,its agents and employees,to ensure your eligibility to take the examination for which you are applying.It is your responsibility to make sure that your application packet is complete.If your application packet indicates that you are ineligible to take the examination for which you applied,does not contain the necessary forms for determining eligibility,does not contain the proper fee payment,or is illegible,your application packet will be returned to you with an explanation of the deficiency.Because of this requirement,if you wait until the last minute to apply,you may jeopardize your opportunity to test on your chosen date.You must resubmit your corrected packet by the appropriate application deadline.

EXAMINATION LOCATIONS AND ADMISSION TICKETS

Examinations will be given in Little Rock only on those dates pre-selected by the Arkansas Appraiser Licensing and Certification Board. If the review of your application packet shows that you are eligible to take the examination and have paid your fees, an admission ticket will be mailed to you two weeks before your assigned test date. This ticket will confirm the name of the examination for which you registered, and your assigned five-digit identification number.  The Ticket will also state the time you are to be present.  ANY LATE ARRIVALS WILL NOT BE ALLOWED TO ENTER THE TEST!

When you report to your testing center, you will be required to present your admission ticket to gain admittance for testing.

If you lose your admission ticket or have not received it by the Wednesday before your test date,telephone the Arkansas Appraiser Licensing Board at (501) 296-1843 to receive instructions.

FEES

Application Fee

With your application materials, you must submit separate payment of the application fee of $125.00.Upon successful completion of the appropriate examination,this application fee will be applied toward the appropriate licensure or certification fee. This fee may be paid by money order,business check, or personal check and must be made payable to the Arkansas Appraiser Licensing and Certification Board.

Do not submit a single payment for this fee and the examination fee.Make the examination fee payable directly to the testing agent.If you submit a single payment,your application will not be accepted.

If you fail your examination or do not appear to take it,you will not have to pay this fee for your second attempt to pass your examination (you will have to pay all applicable examination and optional testing service fees again).After two attempts to pass your examination,you will have to resubmit this application fee when you apply for a third attempt at your examination.

Examination Fee and Optional Testing Service Fees

• Examination Fee (Required, Not to exceed) $100.00
• Express Score Reporting Fee (Optional) $ TBA
• Handscoring Fee (Optional) $ TBA

These fees must be paid by money order, certified check, or cashier's check payable directly to the specified testing agency. If you pay your fees by money order or cashier's check, your name must appear on your money order or cashier's check. Personal and business checks will not be accepted. If you submit payment of these fees by personal or business check,your application will not be processed until correct payment is obtained.Do not send cash.

Do not combine payment of these fees with your payment of the application fee.If you submit a single payment, your application will not be processed. The examination fee and any chosen optional fees must be paid each time you apply for examination.

If you request express score reporting,your examination will be scored within two weeks of the test date (the same time as everyone else's),but your score report will be sent to you at the residence address on your application by an overnight courier rather than by first class mail.Overnight couriers cannot make deliveries to post office boxes or drawers.Overnight courier service is not available to all localities in Arkansas.

REFUNDS

NO refunds will be made of any fees submitted and accepted by the testing agent or the Arkansas Appraiser Licensing and Certification Board.If you are ineligible to sit for the examination,the entire packet will be returned to you unprocessed.