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Authorization: Allowed
to appraise any type of real property.
Experience
Criterion: 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. 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.
Educational
Requirements: Complete
the required 300 hours of class then take the State exam. In addition the applicant must hold a Bachelors Degree or higher or 30 college semester hours
in the following courses from an accredited college junior college community college or university: English Composition, Micro Economics, Macro Economics, Finance, Algebra Geometry or Higher Mathematics, Statistics, Introduction to Computers-Word Processing/Spreadsheets, Business or Real Estate Law and two of the following five elective courses: Accounting, Geography, Ageconomics, Business Management, Real Estate.
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