Effective Januray 1, 2008:
Appraiser license/certification candidates must satisfy the educational requirements by completing the prescribed courses indicated for each classification as follows:
Appraiser Assistant (150 Hour Minimum)
Basic Appraisal Principles (R-5)
Basic Appraisal Procedures (R-6)
Residential Market Analysis & Highest and Best Use (R-7)
Residential Site Valuation & Cost Approach (R-8)
Residential Sales Comparison & Income Approach (R-9)
Residential Report Writing & Case Studies (R-10)
15 Hour NUSPAP Course (NUSPAP)
Licensed Residential Appraiser (150 Hours)
Basic Appraisal Principles (R-5)
Basic Appraisal Procedures (R-6)
Residential Market Analysis & Highest and Best Use (R-7)
Residential Site Valuation & Cost Approach (R-8)
Residential Sales Comparison & Income Approach (R-9)
Residential Report Writing & Case Studies (R-10)
15 Hour NUSPAP Course (NUSPAP)
Certified Residential Appraiser (200 Hours)
Basic Appraisal Principles (R-5)
Basic Appraisal Procedures (R-6)
Residential Market Analysis & Highest and Best Use (R-7)
Residential Site Valuation & Cost Approach (R-8)
Residential Sales Comparison & Income Approach (R-9)
Residential Report Writing & Case Studies (R-10)
15 Hour NUSPAP Course (NUSPAP)
Advanced Residential Applications & Case Studies (R-11)
Statistics Modeling & Finance (SMF)
and one Residential Elective
Introduction to Residential Income Properties (RE-1)
or
Fair Housing/Fair Lending and Environmental Issues (RE-2)
and
an Associates Degree or Higher or 21 semester hours in specified topics and 2500 hours experience in no less than 24 months.
Certified General Appraiser (300 Hours)
Basic Appraisal Principles (R-5)
Basic Appraisal Procedures (R-6)
General Market Analysis & Highest and Best Use (G-4)
General Sales Comparison Approach (G-5)
General Site Valuation & Cost Approach (G-6)
General Income Approach (G-7)
General Report Writing & Case Studies (G-8)
15 Hour NUSPAP Course (NUSPAP)
Statistics Modeling & Finance (SMF)
and two General Electives
Fair Housing/Fair Lending and Environmental Issues (GE-1) - Mandatory
and
Specialty Appraisals (GE-2)
or
Using the HP12C Financial Calculator (GE-3)
and
an Bachelor’s Degree or Higher or 30 semester hours in specified topics and 3000 hours in no less than 30 months.
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