The chart below summarizes appraisal licensing criteria effective January 1, 2008. Go to the Appraisal Foundation's Web site for more information.
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Category
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Current Requirements
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1/1/08 Requirements
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1/1/08 College-Level Course Requirements
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Licensed Residential
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90 hours
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150 hours
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None
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Certified Residential
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120 hours
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200 hours
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Twenty-one (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; Introduction to Computers-Word Processing/Spreadsheets; and Business or Real Estate Law. In lieu of the required courses, an Associate Degree will qualify.
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Certified General
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180 hours
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300 hours
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Thirty (30 semester hours covering the following subject matter courses: English Composition; Micro Economics; Macro Economics; Finance; Algebra, Geometry or higher mathematics; Statistics; Introduction to Computers-Word Processing/Spreadsheets; Business or Real Estate Law; and two (2) elective courses in: accounting; geography; ag-economics; business management; or real estate. In lieu of the required courses, a Bachelors Degree will qualify.
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