Appraiser Trainee

Exam

State exam

Education

Specific course

Experience

Experience

Background check

Felony convictions prohibited

876 IAC 3-3-3.1 Sec. 3.1. (a) This section establishes the educational requirements for the Indiana trainee appraiser license. (b) The minimum prerequisite to sit for the Indiana trainee appraiser examination is seventy-five (75) classroom hours of specific course content stated in subsection (g) and completion of the supervisor/trainee appraiser course as outlined in 876 IAC 3-6-9. (c) A classroom hour is defined as fifty (50) minutes of classroom lecture out of each sixty (60) minute segment. (d) Credit toward the classroom hour requirement may only be granted where the: (1) length of the educational offering is at least fifteen (15) hours; and (2) individual successfully completes a written, proctored examination pertinent to that educational offering. (e) Credit for the classroom hour requirement must be from a course, including a distance learning course, approved by the Appraisal Qualifications Board. Credit towards qualifying education requirements may be obtained through the completion of a degree program in real estate from an accredited degree-granting college or university provided that the curriculum has been approved by the Appraisal Qualifications Board. (f) Qualifying education must be completed within the five (5) year period prior to the date the application was filed. (g) The minimum classroom hours shall be as follows: Basic appraisal principles 30 Basic appraisal procedures 30 The fifteen (15) hour National Uniform Standards of Professional Appraisal Practice course or its equivalent 15 TOTAL 90 (h) For a course to meet the fifteen (15) hours of Uniform Standards of Professional Appraisal Practice requirement under subsection (g), the instructor must be: (1) an Appraiser Qualification Board certified Uniform Standards of Professional Appraisal Practice instructor; and (2) a state certified residential or certified general real estate appraiser. However, if the course is taught by two (2) or more instructors, only one (1) is required to have been a state certified residential or certified general real estate appraiser.