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Authorization: Allows
an individual to appraise real property consisting of 1-4 residential
units with a transaction value under $1,000,000, and real property
units with a transaction value of less than $250,000.
Experience
Criterion: 2,000 hours of experience over a period
of not less than 24 months is required, 75% (1,500 hours) of which
must be from appraisals of residential properties listed on the
Appraisal Experience Report.
Educational
Requirements: Complete
the required 150 hours of class then take the State exam.
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