Mississippi Appraisal License Information

• Appraiser Intern
• Licensed Real Estate Appraiser (Track One)
• Licensed Real Estate Appraiser (Track Two)
• Certified Residential Appraiser
• Certified General Appraiser

Licensed Real Estate Appraiser (Track One)
Education: 150 classroom hours, to include 15 hours of USPAP
Experience: 1000 hours gained over a minimum of 6 months
Examination: Yes
College-level requirements: None

Licensed Real Estate Appraiser (Track Two)
Education: 150 classroom hours, to include 15 hours of USPAP completed within 12 months of application.
Experience: None required
Examination: Yes
College-level requirements: None

Certified Residential Appraiser
Education: 200 classroom hours, to include 15 hours of USPAP
Experience: 2500 hours (600 points) gained over a minimum of 24 months
Examination: Yes
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
Education: 300 classroom hours, to include 15 hours of USPAP
Experience: 3000 hours (720 points) gained over a minimum of 30 months
Examination: Yes
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.

Beginning January 1, 2015, the AQB has made significant changes to appraisal qualifications. It is possible that 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 in this AQB publication: http://www.asisvcs.com/publications/pdf/220913.pdf

IMPORTANT CHANGE: Increased College Degree Requirements

Implications: After 1/1/15, you must hold a bachelor's degree to obtain the Certified Residential license level or beyond. If you achieve this license level prior to 1/1/15, you will be grandfathered under the old regulations.

IMPORTANT CHANGE: Experience Hours are Required BEFORE taking the licensing exam.

Implications: For the Licensed, Certified Residential and Certified General license levels, the required experience must be completed prior to taking the licensing exam. If you intend to upgrade your license prior to the 1/1/15 rules change, you need to be sure that you have enough time to complete your experience hours.