FROM STATE LICENSED TO CERTIFIED RESIDENTIAL:
Required Education
| Statistics, Modeling and Finance | 15 hrs |
| Advanced Residential Applications and Case Studies | 15 hrs |
| Appraisal Subject Matter Electives | 20 hrs |
| Total | 50 hrs |
Qualifying Education
A. Applicants for the certified residential license must hold an Associate Degree, or higher, from an
accredited college, junior college, community college, or university, unless the requirements below in “B” are satisfied.
B. In lieu of the Associate degree, an applicant for the Certified Residential license shall successfully pass all of the following collegiate subject matter courses from an accredited college, junior college, community college, or university:
1. English Composition;
2. Principles of Economics (Micro or Macro);
3. Finance;
4. Algebra, Geometry, or higher mathematics;
5. Statistics;
6. Computer Science; and
7. Business or Real Estate Law
C. The in lieu of education shall include at least three (3) semester credit hours (or equivalent) in each subject matter area listed above.
D. All courses used in lieu of the required degree must have been completed at a college or university that is an accredited, degree-granting institution.
Required Experience
Two thousand five hundred (2,500) hours of experience obtained during no fewer than twenty-four (24) months is required. While the hours may be cumulative, the required number of months must accrue before an individual can be certified.
FROM STATE LICENSED TO CERTIFIED GENERAL:
Required Education
| General Appraiser Market Analysis & Highest and Best Use | 15 hrs |
| Statistics, Modeling and Finance | 15 hrs |
| General Appraiser Sales Comparison Approach | 15 hrs |
| General Appraiser Site Valuation & Cost Approach | 15 hrs |
| General Appraiser Income Approach | 45 hrs |
| General Appraiser Report Writing & Case Studies | 15 hrs |
| Appraiser Subject Matter Electives | 30 hrs |
| Total | 150 hrs |
Qualifying Education
A. Applicants for the Certified General license must hold a Bachelor’s Degree or higher from an accredited college or university, unless the requirements below in “B” are satisfied.
B. In lieu of the Bachelor’s Degree, an applicant for the Certified General credential shall successfully pass all of the following collegiate level subject matter courses from an accredited college, junior college, community college or university:
1. English Composition;
2. Micro Economics;
3. Macro Economics,
4. Finance;
5. Algebra, Geometry, or higher mathematics;
6. Statistics;
7. Computer Science;
8. Business or Real Estate Law; and
9. Two (2) elective courses in accounting, geography, agricultural economics, business management, or real estate.
C. The in lieu of education shall include at least three (3) semester credit hours (or equivalent) in each subject matter area listed above.
D. All courses used in lieu of the required degree must have been completed at a college or university that is an accredited, degree-granting institution.
Required Experience
Three thousand (3,000) hours of experience obtained during no fewer than thirty (30) months is required, of which, one thousand five hundred (1,500) hours must be in non-residential appraisal work. While the hours may be cumulative, the required number of months must accrue before an individual can be certified.
FROM CERTIFIED RESIDENTIAL TO CERTIFIED GENERAL:
Required Education
| General Appraiser Market Analysis & Highest and Best Use | 15 hrs |
| General Appraiser Sales Comparison Approach | 15 hrs |
| General Appraiser Site Valuation & Cost Approach | 15 hrs |
| General Appraiser Income Approach | 45 hrs |
| General Appraiser Report Writing & Case Studies | 10 hrs |
| Total | 100 hrs |
Qualifying Education
A. Applicants for the Certified General license must hold a Bachelor’s Degree or higher from an accredited college or university, unless the requirements below in “B” are satisfied.
B. In lieu of the Bachelor’s Degree, an applicant for the Certified General credential shall successfully pass all of the following collegiate level subject matter courses from an accredited college, junior college, community college or university:
1. English Composition;
2. Micro Economics;
3. Macro Economics,
4. Finance;
5. Algebra, Geometry, or higher mathematics;
6. Statistics;
7. Computer Science;
8. Business or Real Estate Law; and
9. Two (2) elective courses in accounting, geography, agricultural economics, business management, or real estate.
C. The in lieu of education shall include at least three (3) semester credit hours (or equivalent) in each subject matter area listed above.
D. All courses used in lieu of the required degree must have been completed at a college or university that is an accredited, degree-granting institution.
Required Experience
Three thousand (3,000) hours of experience obtained during no fewer than thirty (30) months is required, of which, one thousand five hundred (1,500) hours must be in non-residential appraisal work. While the hours may be cumulative, the required number of months must accrue before an individual can be certified.
Non-Resident/Temporary Status:
How to apply (if any of these are missing upon receipt to the Arkansas Board it will be returned):
How to renew your non-resident (1 year) status license (if any of these items are missing upon receipt to the Arkansas Board it will be returned):
Please send all correspondence to 101 E. Capitol, Suite 430, Little Rock, AR 72201.
