Credit toward the qualifying education requirement for appraiser trainee, licensed residential, certified residential and certified general appraiser licensing will only be granted for courses that consist of at least 15 instructional hours, including successful completion of a final examination. Real Estate Appraiser Trainee
Licensed Residential Real Property Appraiser
Certified Residential Real Estate Appraiser III.B.2. Posession of an Associate's Degree in a field of study related to Business Administration, Accounting, Finance, Economics, or Real Estate; III.B.3. Successful completion of 30 semester hours of college-level courses that cover each of the following specific topic areas and hours: English Composition (3 hours); Microeconomics (3 hours); Macroeconomics (3 hours); Finance ( 3 hours); Algebra, Geometry, or higher mathematics (3 hours); Statistics (3 hours); Computer Science (3 hours); Business or Real Estate Law (3 hours); and two elective courses in any of the topics listed above or in accounting, geography, agricultural econmics, business management, or real estate (3 hours each). III.B.4. Successful completion of at least 30 semester hours of College Level Examination Program (CLEP) examinations from each of the following subject matter areas: College Alegbra (3 hours); College Composition (6 hours); College Composition Modular ( 3 hours); College Mathematics (6 hours); Principles of Macroeconomics (3 hours); Principles of Microeconomics (3 hours); Introductory Business Law (3 hours); and Information Systems (3hours. III.B.5. Any combination of III.B.3 and III.B.4 above that ensures coverage of all topics and hours identified in III.B.3. As an alternative to the requirements in Section III.B. above, individuals who have held a Licensed Residential credential for a minimum of five years may qualify for a Certified Residential credential by satisfying all of the following: 1. No record of any adverse, final, and non-appealable disciplinary action affecting the Licensed Residential appraiser’s legal eligibility to engage in appraisal practice within the five (5) years immediately preceding the date of application for a Certified Residential credential; 2. Successful completion of the additional required qualifying education as specified in Section III.F. below; 3. Successful completion of the required experience as specified in Section IV below; and 4. Successful completion of the Certified Residential Real Property Appraiser examination as specified in Section II above. The Certified Residential Real Property Appraiser classification requires completion of two hundred (200) creditable class hours as specified in the Required Core Curriculum. As part of the 200 required hours, the applicant shall successfully complete the 15-Hour National USPAP Course, or its AQB-approved equivalent, and the examination. There is no alternative to successful completion of the USPAP Course and examination.
Certified General Real Estate Appraiser
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