Chapter 3: Qualifications for Appraiser
Credentials
- ANSWER-According to the AQB Criteria, an applicant for a Licensed Residential
Appraiser credential must obtain _______ experience hours in no fewer than _______
months.
- 150 creditable hours of qualifying education
- no college level coursework requirements (recent change as this used to be 30 credits
required - Some states still require college-level coursework for this credential level)
- 1,000 hours of appraisal experience in no fewer than 6 months (recent change, lower
than before)
- must successfully complete the AQB-approved Licensed Residential Real Property
Appraiser examination - ANSWER-Licensed Residential Appraiser Requirements
- 200 creditable hours of qualifying education
- required to hold a Bachelor's degree, or higher, from an accredited college or
university. The degree may be in any field of study. (In the 2018 revisions to the AQB
Criteria, there are a number of options for college level coursework for Certified
Residential Appraiser applicants. Option 1 is a Bachelor's degree, and Options 2
through 6 are alternatives to the Bachelor's degree requirement. states dont have to
adopt these new options)
- 1,500 hours of appraisal experience during no fewer than 12 months. (Previously, an
applicant was required to complete 2,500 hours in no fewer than 24 months.)
- must successfully complete the AQB-approved Certified Residential Real Property
Appraiser examination. (An applicant must complete the education and experience
requirements as a prerequisite to taking the exam. ) - ANSWER-Certified Residential
Appraiser Requirements
- 300 creditable hours of qualifying education
- required to hold a Bachelor's degree, or higher, from an accredited college or
university. The degree may be in any field of study. There is no degree alternative
available.
-must obtain 3,000 hours of experience during no fewer than 18 months. At least 1,500
of the 3,000 experience hours must be in non-residential appraisal work (i.e., properties
that are not one-to-four family residential properties). (The 3,000 hour requirement has
not changed, but the minimum experience period has changed to 18 months effective
May 1, 2018. Formerly, the minimum experience period was 30 months. )
- must successfully complete the AQB-approved Certified General Real Property
Appraiser examination. - ANSWER-Certified General Appraiser Requirements
- 75 hours of creditable qualifying education
- no college level coursework requirements
, - no experience requirement
- no examination requirement (Please note that some states do require a Trainee
Appraiser applicant to pass an exam; however this is not an AQB requirement) -
ANSWER-Trainee Appraiser Requirements
- must have been state-certified for a minimum of three (3) years (some states are more
stringent)
- must be "in good standing" in the jurisdiction where the Trainee Appraiser practices.
(must not have been subject to any disciplinary action within the prior three-year period
that affects the Supervisory Appraiser's legal eligibility to engage in appraisal practice)
- required to complete a course that complies with the AQB specifications for course
content oriented to the requirements and responsibilities of Supervisory Appraisers and
Trainee Appraisers. - ANSWER-Supervisory Appraiser Requirements
- The minimum length of the educational offering is at least 15 hours; and
- The individual successfully completes a proctored, closed-book final examination
pertinent to the course.
- may also be obtained via the completion of a degree in Real Estate from an accredited
degree-granting college or university - ANSWER-Qualifying education hours for a
course may be obtained only if:
1,500; 12 - ANSWER-The AQB Criteria specifies that an applicant for a Certified
Residential Appraiser credential must have accumulated _____ hours of appraisal
experience, in no fewer than ______ months.
100 - ANSWER-A holder of a valid Certified Residential Appraiser credential wants to
upgrade to a Certified General credential. How many additional hours of appraisal
education does he or she need in order to qualify?
1500 - ANSWER-An applicant for a Certified General Appraiser credential must have
accumulated a minimum of how many hours of non-residential appraisal work?
3000; 18 - ANSWER-According to the AQB Criteria, an applicant for a Certified General
Appraiser credential must have accumulated _____ hours of appraisal experience,
during no fewer than ______ months.
7-hour USPAP Update Course - ANSWER-Trainee Appraiser Ed is trying to complete
his qualifying education courses toward becoming a Certified Residential Appraiser.
Which one of these courses would NOT count toward meeting that requirement?
75 - ANSWER-A Trainee Appraiser wishes to upgrade to a Licensed Residential
Appraiser credential. Under the AQB Criteria, how many additional hours of appraisal
education must the Trainee Appraiser complete?
Credentials
- ANSWER-According to the AQB Criteria, an applicant for a Licensed Residential
Appraiser credential must obtain _______ experience hours in no fewer than _______
months.
- 150 creditable hours of qualifying education
- no college level coursework requirements (recent change as this used to be 30 credits
required - Some states still require college-level coursework for this credential level)
- 1,000 hours of appraisal experience in no fewer than 6 months (recent change, lower
than before)
- must successfully complete the AQB-approved Licensed Residential Real Property
Appraiser examination - ANSWER-Licensed Residential Appraiser Requirements
- 200 creditable hours of qualifying education
- required to hold a Bachelor's degree, or higher, from an accredited college or
university. The degree may be in any field of study. (In the 2018 revisions to the AQB
Criteria, there are a number of options for college level coursework for Certified
Residential Appraiser applicants. Option 1 is a Bachelor's degree, and Options 2
through 6 are alternatives to the Bachelor's degree requirement. states dont have to
adopt these new options)
- 1,500 hours of appraisal experience during no fewer than 12 months. (Previously, an
applicant was required to complete 2,500 hours in no fewer than 24 months.)
- must successfully complete the AQB-approved Certified Residential Real Property
Appraiser examination. (An applicant must complete the education and experience
requirements as a prerequisite to taking the exam. ) - ANSWER-Certified Residential
Appraiser Requirements
- 300 creditable hours of qualifying education
- required to hold a Bachelor's degree, or higher, from an accredited college or
university. The degree may be in any field of study. There is no degree alternative
available.
-must obtain 3,000 hours of experience during no fewer than 18 months. At least 1,500
of the 3,000 experience hours must be in non-residential appraisal work (i.e., properties
that are not one-to-four family residential properties). (The 3,000 hour requirement has
not changed, but the minimum experience period has changed to 18 months effective
May 1, 2018. Formerly, the minimum experience period was 30 months. )
- must successfully complete the AQB-approved Certified General Real Property
Appraiser examination. - ANSWER-Certified General Appraiser Requirements
- 75 hours of creditable qualifying education
- no college level coursework requirements
, - no experience requirement
- no examination requirement (Please note that some states do require a Trainee
Appraiser applicant to pass an exam; however this is not an AQB requirement) -
ANSWER-Trainee Appraiser Requirements
- must have been state-certified for a minimum of three (3) years (some states are more
stringent)
- must be "in good standing" in the jurisdiction where the Trainee Appraiser practices.
(must not have been subject to any disciplinary action within the prior three-year period
that affects the Supervisory Appraiser's legal eligibility to engage in appraisal practice)
- required to complete a course that complies with the AQB specifications for course
content oriented to the requirements and responsibilities of Supervisory Appraisers and
Trainee Appraisers. - ANSWER-Supervisory Appraiser Requirements
- The minimum length of the educational offering is at least 15 hours; and
- The individual successfully completes a proctored, closed-book final examination
pertinent to the course.
- may also be obtained via the completion of a degree in Real Estate from an accredited
degree-granting college or university - ANSWER-Qualifying education hours for a
course may be obtained only if:
1,500; 12 - ANSWER-The AQB Criteria specifies that an applicant for a Certified
Residential Appraiser credential must have accumulated _____ hours of appraisal
experience, in no fewer than ______ months.
100 - ANSWER-A holder of a valid Certified Residential Appraiser credential wants to
upgrade to a Certified General credential. How many additional hours of appraisal
education does he or she need in order to qualify?
1500 - ANSWER-An applicant for a Certified General Appraiser credential must have
accumulated a minimum of how many hours of non-residential appraisal work?
3000; 18 - ANSWER-According to the AQB Criteria, an applicant for a Certified General
Appraiser credential must have accumulated _____ hours of appraisal experience,
during no fewer than ______ months.
7-hour USPAP Update Course - ANSWER-Trainee Appraiser Ed is trying to complete
his qualifying education courses toward becoming a Certified Residential Appraiser.
Which one of these courses would NOT count toward meeting that requirement?
75 - ANSWER-A Trainee Appraiser wishes to upgrade to a Licensed Residential
Appraiser credential. Under the AQB Criteria, how many additional hours of appraisal
education must the Trainee Appraiser complete?
