Appraiser

Licensed and Certified Appraiser 2023 Renewal Form

Appraiser_renewal_form

Workforce Waiver – Initial Application Fee

As mandated by Act 725 of 2021, the entities under the Arkansas Department of Labor and Licensing have implemented a waiver of the initial licensing fee for applicants who qualify for the Workforce Expansion Act of 2021.  If the initial applicant is currently receiving assistance through the Arkansas Medicaid Program, Supplemental Nutrition Assistance Program (SNAP), Special Supplemental Nutrition Program for Women, Infants and Children (WIC), Temporary Assistance for Needy Families Program (TANF), Lifeline Assistance Program and/or the applicant was approved for unemployment within the last twelve (12) months and/or the applicant’s income does not exceed two hundred percent (200%) of the federal poverty income guidelines that applicant may qualify for the waiver.

If you meet the qualifications for the Workforce Waiver, please contact our office at (501) 296-1843 or diana.piechocki@arkansas.gov to provide documentation and request the waiver for the initial application fee.

 

How to upgrade my license

 

How to transfer a license from another state

We have moved.  Please send your application to 900 West Capitol Avenue, Suite 400, Little Rock, AR 72201.

 

Non-Resident/Temporary appraiser information, Newsletters, and Forms

We have moved.  Please send your application to 900 West Capitol Avenue, Suite 400, Little Rock, AR 72201.

 

Appraiser Statutes and Rules effective October 10, 2020

AALCB_Rules

Arkansas Statutes

 

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 (must be tested) 20 hrs
Total 50 hrs

 

A. Applicants for a Certified Residential credential must meet the Qualifying Education requirements outlined in Section V (C) of the AALCB Rules.  Please see pages 26 through 29 of the AALCB Rules posted on our website.

 

Required Experience

One thousand five hundred (1,500) hours of experience obtained during no fewer than twelve (12) months is required.  While the hours may be cumulative, the required number of months must accrue before an individual can be certified.

 

 

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 (must be tested) 30 hrs
Total 150 hrs


A. Applicants for the Certified General license must hold a Bachelor’s Degree or higher from an accredited college or university.
 

Required Experience
Three thousand (3,000) hours of experience obtained during no fewer than eighteen (18) 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.

 

 

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

A. Applicants for the Certified General license must hold a Bachelor’s Degree or higher from an accredited college or university.

Required Experience

Three thousand (3,000) hours of experience obtained during no fewer than eighteen (18) 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.

 

How to Apply/Renew Reciprocity or Temporary licenses:

Non-Resident initial application:  As of January 1, 2017, you must submit to a background check.  This will take time, so please plan accordingly.

We have moved.  Please send your application to 900 West Capitol Avenue, Suite 400, Little Rock, AR 72201.

How to apply (if any of these are missing upon receipt to the Arkansas Board will be returned):

  1. The application must be filled out and notarized before submitting it to the Arkansas Appraisal Board.  Application
  2. The fee of $340 for non-resident status must accompany the application.


How to renew your non-resident (1 year) license:  Renewing a non-resident 1-year license does not require a background check, provided the applicant is within 1 year of their current expiration date.

We have moved.  Please send your application to 900 West Capitol Avenue, Suite 400, Little Rock, AR 72201.

  1. The application must be filled out and notarized before submitting for renewal to the Arkansas Appraisal Board.  Non-Resident_Renewing--new_address
  2. The fee of $265 must accompany the application.
  3. You must have 14 hours of continuing education taken within the last year you have been licensed with Arkansas.

Temporary application: 

We have moved.  Please send your application to 900 West Capitol Avenue, Suite 400, Little Rock, AR 72201.

  1. The application must be filled out and notarized before submitting it to the Arkansas Appraisal Board.  Temporary_Practice_Application_new_address
  2. The fee of $150 for temporary status must accompany the application.

 

Please send all correspondence to 900 West Capitol Avenue, Suite 400, Little Rock, AR 72201.

 

 

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