Residential Real Estate Appraiser

Exam

State exam

Education

Specific course

Experience

Experience

Background check

None

GENERAL JOB DESCRIPTION A specialist who provide an analysis, opinion, or conclusion relating to the nature, quality, value or utility of specified interests in, or aspects of, identified real estate, for or in expectation of compensation. EDUCATIONAL REQUIREMENTS Must be a high school graduate or equivalent and successfully complete one hundred twenty (120) classroom hours of courses in subjects related to real estate appraisal which shall include fifteen (15) classroom hours of the Uniform Standards of Professional Appraisal Practice (USPAP). Experience may not be substituted for education. EXAMINATION REQUIREMENTS The Education Requirements must be met prior to being seated for the examination. You must successfully pass the written State Certification / Licensing Examination, with a minimum score of seventy (70%) percent. Examination fees cannot exceed $200.00. Should you fail the examination, retake procedures are: must pay examination fee and can be retaken at the next scheduled examination date. GENERAL INFORMATION for LICENSURE or CERTIFICATION Must be eighteen (18) years of age. Must be deemed as competent by the board. No health requirements. Kentucky residents must maintain a definite place of business in Kentucky. No residency requirements for state certification. There will be annual renewal of certificates, the date to be determined by the board. Annual certificate renewal fee is not to exceed $200.00. CONTINUING EDUCATION REQUIREMENTS (after licensure or certification) The equivalent of fourteen (14) classroom hours of instruction in courses and seminars for each year during the period preceding the renewal. SPECIAL COMMENTS or CONDITIONS Applicant must have acquired two thousand five hundred (2,500) hours and a minimum of two (2) calendar years of appraisal experience. Hours may be treated as cumulative.