Education required to apply for State Registration (trainee):
| Uniform Standards of Professional Appraisal Practice (USPAP) | 15 hrs |
| Basic Appraisal Principles | 30 hrs |
| Basic Appraisal Procedures | 30 hrs |
| TOTAL | 75 hrs |
From State Registered to State Licensed:
Required Education
| Residential Market Analysis & Highest and Best Use | 15 hrs |
| Residential Appraiser Site Valuation & Cost Approach | 15 hrs |
| Residential Sales Comparison & Income Approaches | 30 hrs |
| Residential Report Writing & Case Studies | 15 hrs |
| TOTAL | 75 hrs |
Required Experience
Two thousand (2,000) hours of experience are required to be obtained in no fewer than twelve (12) months.
FROM STATE REGISTERED TO CERTIFIED RESIDENTIAL:
Required Education
| Residential Market Analysis & Highest and Best Use |
15 hrs |
| Residential Appraiser Site Valuation and Cost Approach |
15 hrs |
| Residntial Sales Comparison and Income Approaches |
30 hrs |
| Residential Report Writing & Case Studies |
15 hrs |
| Statistics, Modeling and Finance |
15 hrs |
| Advanced Residential Applications and Case Studies |
15 hrs |
| Appraisal Subject Matter Electives |
20 hrs |
| Total |
125 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 REGISTERED TO CERTIFIED GENERAL:
Required Education
| General Appraiser Market Analysis and Highest and Best Use | 30 hrs |
| Statistics, Modeling and Finance | 15 hrs |
| General Appraiser Sales Comparison Approach | 30 hrs |
| General Appraiser Site Valuation & Cost Approach | 30 hrs |
| General Appraiser Income Approach | 60 hrs |
| General Appraiser Report Writing & Case Studies | 30 hrs |
| Appraiser Subject Matter Electives | 30 hrs |
| Total | 225 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:
English Composition;
Micro Economics;
Macro Economics,
Finance;
Algebra, Geometry, or higher mathematics;
Statistics;
Computer Science;
Business or Real Estate Law; and
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.
*Requirements for each designation effective immediately
(*Source: April 2012 The Real Property Appraiser Qualification Criteria)
State Registered (trainees): In order to become a State Registered appraiser you must have taken 75 hours prior to sending in an application. The 15 hour USPAP, 30 hours of Basic Appraisal Principles and 30 hours of Basic appraisal Procedures make up the 75 hours. They must have been taken within 5 years of becoming (making application to be) State Registered.
State Licensed: In order to be State Licensed you must have taken these specific courses: 30 Hours Basic appraisal principles, 30 hours basic appraisal procedures, 15 hour USPAP, 15 hours residential Market Analysis and Highest and Best Use, 15 hours Residential Appraiser Site Valuation and Cost approach, 30 hours Residential Sales comparison and income approach, and 15 hours Residential report writing and case studies.
Certified Residential: In order to be Certified Residential you must have taken these specific courses: 30 hours basic appraisal principles, 30 hours basic appraisal procedures, 15 hour USPAP, 15 hours residential market analysis and highest and best use, 15 hours Residential appraiser site valuation and cost approach, 30 hours Residential sales comparison and income approaches, 15 hours Residential report writing and case studies, 15 hours Statistics, modeling and finance, 15 hours Advanced Residential applications and case studies, and 20 hours appraisal subject matter electives.
Certified General: In order to be Certified General you must have taken these specific courses: 30 hours Basic appraisal principles, 30 hours Basic appraisal procedures, 15 hour USPAP, 30 hours General appraiser Market analysis and highest and best use, 15 hours statistics, modeling and finance, 30 hours General appraiser sales comparison approach, 30 hours appraiser site valuation and cost approach, 60 hours General appraiser income approach, 30 hours General appraiser report writing and case studies, and 30 hours appraisal subject matter electives.
Work Experience:
State Licensed: needs 2,000 hours in no fewer than 12 months
Certified Residential: needs 2,500 hours in no fewer than twenty-four months.
Certified General: needs 3,000 with 1,500 being non-residential work in no less than 30 months
(The time frame must be met before you can interview to take the test for your designation)
The College Education requirements below will affect any State Registered appraiser that starts between now and the 2015 effective date due to the time frame that the work experience is required to have accumulated before they can sit for their exam.
College Education (we will no longer accept the “in lieu of” college courses)
State Licensed: You must have completed 30 semester hours from an accredited college, junior college, community college or university. Applicants holding an Associate degree or higher from an accredited college, junior college, community college or university satisfy the 30-hour college level education requirement.
Certified Residential: You must have a Bachelor’s degree or higher from an accredited college or university.
Certified General: You must have a Bachelor’s degree or higher from an accredited college or university.
More Information concerning changes: AQB Summary of Changes 2015
