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The Arizona Board of Appraisal has identified three levels of real property appraisal classification:
Please Note: The Arizona Board of Appraisal does not allow the 15-hour USPAP course to be administered online, but instead must be taken in a classroom environment locally. Please contact the Arizona Board of Appraisal for a list of approved USPAP providers in your area.
Qualifying education courses taken through distance education may not exceed 75% of the required 90 hours for licensure. Van Education Center's Appraisal 101 course will count as 67.5 hours or qualifying education towards the Licensed Residential Appraiser level.
The Arizona Board of Appraisal has established the minimum educational requirements for an appraisal license. The minimum educational requirements include the following:
While not an official Arizona appraiser classification, persons beginning a new appraisal career are considered a 'trainee' under the supervision of a license appraiser until such time as the required number of hours for the Licensed Residential Appraiser classification is achieved. Before being hired as an appraiser trainee, VanEd recommends that you complete half of the required education of the Licensed classification. This will provide the neccessary preparation for the work and further education required of trainee appraisers working towards the License Appraiser classification.
Licensed Residential Appraiser
The Licensed Residential Appraiser Classification applies to the appraisal of non-complex one to four residential units having a transaction value less than $1,000,000 and complex one to four residential units having a transaction value less than $250,000. Applicants must meet the following examination, education, and experience requirements.
Beginning January 1, 2015, the AQB has made significant changes to appraisal qualifications. Some states may choose to implement the changes sooner, so be sure to check with your state regulator.
Several important changes are outlined below, with complete details available on this AQB publication:
UPCOMING CHANGES TO REAL PROPERTY APPRAISER QUALIFICATIONS >
IMPORTANT CHANGE: Increased College Degree Requirements
Implications: After January 1, 2015, you must hold a bachelor's degree to obtain the Certified Residential license level or beyond. If you achieve this license level prior to January 1, 2015, you will be grandfathered in under the old regulations.
|CLASSIFICATION||CURRENT REQUIREMENTS||January 1, 2015 REQUIREMENTS|
|Licensed Residential Appraiser||None||30 semester credit hours of college level education from an accredited college, junior college, community college, or university OR an Associate’s degree or higher (in any field).|
|Certified Residential Appraiser||21 semester credit hours in specified collegiate subject matter courses from an accredited college or university OR an Associate’s degree or higher.||Bachelor’s degree or higher (in any field) from an accredited college or university.|
|Certified General Appraiser||30 semester credit hours in specific collegiate subject matter courses from an accredited college or university OR a bachelor’s degree or higher.||Bachelor’s degree or higher (in any field) from an accredited college or university.|
IMPORTANT CHANGE: Experience Hours are Required BEFORE taking the licensing exam.
Implications: For the Licensed, Certified Residential and Certified General license levels, the required coursework must be completed prior to taking the licensing exam. If you intend to upgrade your license prior to the January 1, 2015 rules change, you need to be sure that you have enough time to complete your experience hours.
Arizona Board of Appraisal
Debra J. Rudd: Executive Director
15 S. 15th Ave., Ste. 103A
Phoenix, AZ 85007
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