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NYS Appraisal General Courses
The overall objective of the general appraisal series is to arrive at an understanding of the appraiser's role and to better understand the qualifications and uniform standards of professional practice that help to ensure a reliable appraisal. The scope of this series examines fundamentals essential to the appraisal process.

Effective January 1, 2008 the General Series Requirements changed to the requirements described below.

1. Higher Education:
A Bachelor’s Degree or higher from an accredited college or university is now required of all General Appraiser Applicants; alternatively, 30 semester credit hours from an accredited college, university, junior or community college are considered an accepted equivalency, however these hours must consist of the following:

  • English Composition
  • Principles of Economics, Micro and Macro
  • Finance
  • Algebra, Geometry or higher math
  • Statistics
  • Introduction to Computers: Word Processing/Spreadsheets
  • Business or Real Estate Law

and two of the following five elective courses: Accounting, Geography, Agricultural Economics, Business Managment or Real Estate which must be included in the 30 credit hours.


2. NYS Qualifying Courses:
The classroom hour requirement to become a Certified General Appraiser is now 300 hours consisting of the following courses specific to this area of study:

  • R-5 Basic Appraisal Principles (30 hours)
  • R-6 Basic Appraisal Procedures (30 hours)
  • National USPAP 15-Hour course
  • Statistics, Modeling & Finance (15 hours)
  • G-4 General Market Analysis & Highest and Best Use (30 hours)
  • G-5 General Sales Comparison Approach (30 hours)
  • G-6 General Site Valuation and Cost Approach (30 hours)
  • G-7 General Income Approach (60 hours)
  • G-8 General Report Writing & Case Studies (30 hours)

Appraisal Electives (30 hours) (2 of 3 must be taken) as follows:
GE – 1 - Fair Housing/Fair Lending & Environmental Issues 15 hours [mandatory]
and either
GE – 2 - Specialty Appraisals (15 hours)
or
GE – 3 Using the HP12C Financial Calculator (15 hours)

3. Experience: State Certified General Appraiser
3,000 hours of experience over a period of not less than 30 months is required, 75% (2,250 hours) of which must be from appraisals of general properties listed on the Appraisal Experience Report (Attachment C). General experience must contain experience in multi-family, commercial/industrial, or other land/manufacturing/institutional. 60% (1,350 hours) of the general experience must be in one of the above categories. 20% (450 hours) of the general experience must be in each of the two remaining categories. Qualifying experience can never be more than 5 years old. See §1102.1 of the regulations.

Call 716.683.4080 for more information.


No General Appraisal classes scheduled in 2009.

Call 716.683.4080 or email info@virtualclassrooms.com to be added to our mailing list for up to date information.


 

Last Updated 9/26/2008

 

 

 

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