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License Categories
Licensed Real Estate Appraiser: May provide appraisal services in federally
related transactions with:
- non-complex one to four unit residential properties with a transaction value less than $1,000,000;
- complex one to four unit residential properties having a transaction value of less than $250,000;
- commercial properties having a transaction value of less than $250,000
Certified Residential Real Estate Appraiser: May provide appraisal services in federally
related transactions with:
- one to four unit residential properties without regard to value or complexity; and,
- commercial properties having a transaction value of less than $250,000
Certified General Real Estate Appraiser: May provide appraisal services in federally
related transactions with all types of residential or commercial
real property without regard to value, or complexity.
Appraiser Trainee: Appraiser Trainee must work under the supervision
of a supervising certified appraiser
Home Inspector: Home inspector is an individual who provides
home inspection services for compensation. Licensed home
inspector means an individual who is licensed by the Commission
to provide home inspection services. Home inspection means
a written evaluation of one or more of the components of
an existing residential building, including the heating
system, cooling system, plumbing system, electrical system,
structural components, foundation, roof, masonry structure,
exterior and interior components, or any other related residential
housing component (see the
Minimum Standards of Practice and
Code of Ethics).
License Qualifications
Each license category requires the applicant to meet the following
educational requirements to be eligible to take the Real Estate
Appraisers examination:
Licensed Real Estate Appraiser: Applicant must have completed 150 hours of courses approved by the Commission
and compiled at least 2,000 hours of appraisal work experience
over a period of at least two calendar years (24 months).
Certified Residential Real Estate Appraiser: Applicant
must have completed 200 hours of courses approved by the Commission
and hold an associate's degree or higher, or in lieu of an
associate's degree, 21 semester credit hours in specific courses
prescribed by the Commission and compiled at least 2,500 hours
of appraisal work over a period of at least two calendar years (24 months).
Certified General Real Estate Appraiser: Applicant
must have completed 300 hours of courses approved by the Commission
and hold a bachelor's degree or higher, or in lieu of a bachelor's
degree, 30 semester credit hours in specific courses prescribed
by the Commission and compiled a minimum of 3,000 hours of
appraisal work over a period of at least (30 months), at least
1,500 hours of which in non-residential real property appraisal work.
Appraiser Trainee: Applicant must have completed 75 tested hours of Commission- approved
real estate appraisal courses of which 15 hours shall be in
the subject of the Uniform Standards of Professional Appraisal Practice.
Home Inspector: An applicant for a home inspector license must complete a 72-hour on-site home inspector training course approved by the Commission and pass the National Home Inspector Examination.
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