The information contained below is designed to provide a summary of the minimum education, experience and examination requirements established by the Appraiser Qualifications Board and the State of California. These minimum requirements became effective on January 1, 1998. http://www.orea.ca.gov
Levels of Licensure:
There are four levels of real estate appraiser licensing. They are:
Each level must successfully complete the specified hours of approved real estate appraisal courses for each level of licensure, including a course of at least 15 hours of on the Uniform Standards of Professional Appraisal Practice (USPAP). The specified hours are:
90 hours for the appraisal trainee classification. Must work under the technical supervision of a licensed appraiser. May assist on any appraisal within the scope of practice of the supervising appraiser.
90 hours for the licensed residential classification.
The classroom hours required for the licensed residential real estate appraiser may include the classroom hours required for the appraiser trainee.120 hours for the certified residential classification.
The classroom hours required for the certified residential real estate appraiser may include the classroom hours required for the appraiser trainee or the licensed real estate appraiser.180 hours for the certified general classification.
The classroom hours required for the certified general real estate appraiser may include the classroom hours required for the appraiser trainee, the licensed residential real estate appraiser, or the certified residential real estate appraiser.
The applicant shall execute an affidavit as part of the application for licensure attesting to his experience in the field of real estate appraisal. All experience must be supported by adequate written reports or file memoranda which shall be made available to the board upon request.
a. There is no experience requirement for the appraiser trainee classification.
b. Applicants for a licensed residential real estate appraiser license shall have a minimum of 2,000 hours of acceptable appraisal experience.
c. Applicants for a certified residential real estate appraiser license shall have a minimum of 2,500 hours and two and one-half years of acceptable appraisal experience.
d. Applicants for a certified general real estate appraiser license shall have 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
Continuing Education Requirements:
Appraisers must complete 14 hours of continuing education each year in which the license is valid for six months or more. Proof of the continuing education hours must be submitted every other renewal period (every 4 years). Appraisers must take a minimum of 4 hours of Federal and California Appraiser related statutory and regulatory law. Also, of these hours, 7 hours must cover USPAP.
License/Certificates are valid for a maximum of 2 years from the date of expiration of the prior license/certificate. Appraisers should submit renewal applications 90 days prior to the license expiration. All license/certificates may be renewed by paying the appropriate fees (including state and federal registry fees) and by providing proof of having met the continuing education requirements.
Recently, the Appraiser Qualifications Board (AQB) adopted revisions to the Real Property Appraiser Qualifications Criteria that will become effective on January 1, 2008.
While the effective date of the new Qualifications Criteria is a couple of years in the future, the impact of the new Criteria on certain individuals may occur as early as 2005. This early impact could occur, for example, if some states choose to implement the new Criteria prior to 2008.
It is imperative that you fully understand the following:
A detailed breakdown of the subject contect of each course is provided below, as required by the AQB. It is intended to aid the students and state regulatory agencies as in meeting the revised education requirements associated with the Real Property Appraiser Qualifications Criteria that will be effective January 1, 2008 or before then depending on your state.
Basic Appraisal Principles (30 hours)
Basic Appraisal Procedures (30 hours)
Residential Report Writing and Case Studies (15 hours)
Residential Appraiser Site Valuation & Cost Approach (15 hours)
Residential Market Analysis & Highest and Best Use (15 hours)
National USPAP Course Equivalent (2005) (15 hours)
Basic Appraisal (60 hours)
Basic Appraisal and Reports (75 hours)