Arizona Administrative Code (Last Updated: November 17, 2016) |
Title 4. PROFESSIONS AND OCCUPATIONS |
Chapter 46. DEPARTMENT OF FINANCIAL INSTITUTIONS - REAL ESTATE APPRAISAL DIVISION |
Article 2. REGISTRATION, LICENSURE, AND CERTIFICATION AS AN APPRAISER |
Section R4-46-201. Appraiser Qualification Criteria
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A. Classifications. As specified in A.R.S. § 32-3612, Arizona rec- ognizes five classifications of appraisers. These classifications are:
1. Registered trainee appraiser,
2. State licensed real estate appraiser,
3. State certified residential real estate appraiser,
4. State certified general real estate appraiser, and
5. Designated supervisory appraiser.
B. Qualification criteria. Except as provided elsewhere in this Chapter, an applicant for registration, licensure, certification, or designation shall meet the classification-specific qualifica- tion criteria established by the AQB in:
1. The Real Property Appraiser Qualification Criteria and Interpretations of the Criteria (Real Property Appraiser Qualification Criteria Effective January 1, 2008; Appen- dix, Real Property Appraiser Qualification Criteria Prior to January 1, 2008; Includes All Interpretations and Sup- plementary Information as of February 1, 2007) referred to as the “2008 Criteria;” or
2. The Real Property Appraiser Qualification Criteria and Interpretations of the Criteria (Real Property Appraiser Qualification Criteria Effective January 1, 2015; Appen- dix, Real Property Appraiser Qualification Criteria Prior to January 1, 2015; Includes All Interpretations and Sup- plementary Information) referred to as the “2015 Crite- ria;”
3. The Board incorporates by reference the materials listed in subsections (B)(1) and (2). The incorporated materials include no future editions or amendments. A copy of the incorporated materials is on file with the Board and may be obtained from the Board or the Appraisal Foundation, 1155 15th Street, NW, Suite 1111, Washington, DC 20005; (202) 347-7722; fax (202) 347-7727; or www.appraisalfoundation.org.
C. Components of qualification criteria. For each level of classifi- cation identified under subsection (A), the qualification crite- ria referenced in subsection (B) are divided into three components: education, experience, and examination. The education component is further divided:
1. For applicants for registration, licensure, or certification, the education component requires a specified number of hours of the appraiser core curriculum;
2. For applicants for licensure or certification, the education component requires hours of college-level education from an accredited degree-granting institution, and
3. For applicants who are certified by the Board and apply- ing to be designated as a supervisory appraiser and for applicants for registration, the education component requires completion of a course that complies with the specifications for content established by the AQB.
D. Application of qualification criteria.
1. If an applicant is not currently registered, licensed, certi- fied, or designated by the Board, the applicant shall meet the qualification criteria for the classification for which application is made:
a. Through December 31, 2014, the qualification crite- ria for licensure or certification are those listed in subsection (B)(1);
b. Through December 31, 2014, the qualification crite- ria for registration as a trainee appraiser are the 75 hours of appraiser core curriculum required under R4-46-201(B)(1) for licensure including the 15-hour National USPAP Course or its ABQ-approved equivalent; and
c. On and after January 1, 2015, the qualification crite- ria for all classifications are those listed in subsec- tion (B)(2).
2. If an individual currently registered, licensed, or certified by the Board makes application to be licensed or certified in a different classification, as specified under subsection (A), the Board shall require the individual to show evi- dence that the individual meets the education, experience, and examination requirements for the new classification that differ from the requirements for the current classifi- cation.
E. Regardless of whether a transaction is federally related:
1. A state licensed residential appraiser is limited to the scope of practice in A.R.S. § 32-3612(A)(3), and
2. A state certified residential appraiser is limited to the scope of practice in A.R.S. § 32-3612(A)(2).
F. Notwithstanding the criteria incorporated by reference in sub- section (B),
1. An applicant shall not obtain more than 75 percent of required core-curriculum qualifying education through distance education. The Board shall allow credit toward qualifying education requirements only if distance educa- tion provides live interaction between learner and instruc- tor and includes testing;
2. An applicant shall not obtain the 15-hour National USPAP Course, or its ABQ-approved equivalent, through distance education;
3. Qualifying education credit may be obtained at any time before the date of application, except:
a. The 15-hour National USPAP Course or its AQB- approved equivalent shall be obtained within two years before the date of application; and
b. On and after January 1, 2015, an applicant for origi- nal registration as an appraiser trainee shall obtain all qualifying education within five years before the date of application; and
4. Seventy-five percent of the applicant’s experience com- ponent shall include work product where the applicant inspected the subject property.
Historical Note
Adopted effective December 29, 1995 (Supp. 95-4).
Amended effective October 1, 1998; filed in the Office of the Secretary of State September 10, 1998 (Supp. 98-3). Amended by final rulemaking at 11 A.A.R. 1880, effec- tive May 3, 2005 (Supp. 05-2). Amended by final
rulemaking at 13 A.A.R. 1381, effective June 2, 2007; subsections (D)(2)(f) and (D)(4) effective January 1, 2008 (Supp. 07-2). Amended by final rulemaking at 14
A.A.R. 1434, effective May 31, 2008 (Supp. 08-2). Amended by exempt rulemaking at 19 A.A.R. 4023,
effective November 21, 2013 (Supp. 13-4).