| Indiana Appraisal Licensing Information | |
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The Indiana Real Estate Commission have identified four levels of real property appraisal classification:
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Indiana Appraiser License Requirements
The Indiana Real Estate Commission has established the minimum educational requirements for an appraisal license. The minimum educational requirements include the following:
Licensed Trainee Appraiser: At least 90 hours of appraisal education and training, including 15 hours of ethics and standards of practice; and passing the trainee appraiser examination. College-level requirements: None Certified Residential Appraiser: At least 200 hours of appraisal education and training, including 15 hours of ethics and standards of practice; 2,500 hours (including 1,500 hours non-residential) of appraisal experience across at least 30 months; and passing the certified residential appraiser examination. College-level requirements: Associate degree or higher. In lieu of the required degree, 21 semester credit hours covering the following subject matter courses: English Composition; Principles of Economics (Micro or Macro); Finance; Algebra, Geometry or higher mathematics; Statistics; Computer Science; and Business or Real Estate Law. Certified General Appraiser: At least 300 hours of appraisal education and training, including 15 hours of ethics and standards of practice; 3,000 hours (including 1,500 hours non-residential) of appraisal experience across at least 30 months; and passing the certified general appraiser examination. College-level requirements: Bachelors degree or higher. In lieu of the required degree, 31 semester credit hours covering the following subject matter courses: English Composition; Principles of Economics (Micro or Macro); Finance; Algebra, Geometry or higher mathematics; Statistics; Computer Science; and Business or Real Estate Law; and 2 elective courses in accounting, geography, ag-economics, business management, or real estate. IMPORTANT: For detailed information on understanding the 2008 Real Property Appraiser Qualification Criteria, please follow this link to the Appraisal Foundation. |
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State Regulatory Agency Indiana Professional Licensing Agency Ms. Julie Weisinger: Board Coordinator 302 W. Washington Street, Room E034 Indianapolis, IN 46204 (317) 232-2980 Click for State Website |
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Indiana Appraisal License Online
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