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Effective January 1, 1998 |
Trainee License |
Residential License |
Certified Residential License |
Certified General License |
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Education |
A minimum of 90 hours of appraisal related education covering the specific topics required by the Appraiser Qualifications Board (AQB), with at least 15 hours on the Uniform Standards of Professional Appraisal Practice (USPAP).* |
A minimum of 90 hours of appraisal related education covering the specific topics required by AQB, with at least 15 hours on USPAP.* |
A minimum of 120 hours of appraisal related education covering the specific topics required by AQB, with at least 15 hours on USPAP.* |
A minimum of 180 hours of appraisal related education covering the specific topics required by AQB, with at least 15 hours on USPAP.* |
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Experience |
None |
A minimum of 2,000 hours of acceptable appraisal experience. |
A minimum of 2,500 hours and two and one-half years of acceptable appraisal experience. |
A minimum of 3,000 hours and two and one-half years of acceptable appraisal experience.At least 1,500 hours of the experience must be non-reresidential properties. |
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Exam |
Must pass the AQB approved residential examination. |
Must pass the AQB approved residential examination. |
Must pass the AQB approved certified residential examination. |
Must pass the AQB approved certified general examination. |
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Scope |
Must work under the technical supervision of a licensed appraiser. May assist on any appraisal within the scope of practice of the supervising appraiser. |
May appraise non-complex 1-to-4 unit residential property up to a transaction value of $1 million, and complex 1-to-4 unit residential and all non-residential property up to a transaction value of $250,000. |
May appraise all 1-to-4 unit residential property without regard to complexity, and non-residential property up to a transaction value of $250,000. |
May appraise all types of real estate. |