Listed below is information
pertinent to the offering of the real estate appraiser qualifying
courses:
Appraiser license/certification candidates must satisfy the
education requirements by completing the prescribed courses
indicated for each classification.
To satisfactorily complete any course offered for study, a person must physically attend 90 percent of each 30-hour course and 100 percent of each 15-hour course, exclusive of sessions devoted to examination.
In accordance with sections 1103.8, 1103.9 and 1103.10 of the Department’s rules and regulations (19 NYCRR), the following courses must be completed sequentially for the residential/general appraisal classifications. Proof of successful completion of the required courses must be furnished to the Department of State by an original certificate with a raised seal at the time of application.
State Licensed Residential Real Estate Appraiser/Appraiser Assistant (150 hours)
Basic Appraisal Principles (R-5) 30
hours
Basic Appraisal Procedures (R-6) 30 hours
National USPAP 15 hours
Residential Market Analysis and Highest/Best Use (R-7) 15 hours
Residential Appraiser Site Valuation and Cost Approach (R-8) 15
hours
Residential Sales Comparison and Income Approach (R-9) 30 hours
Residential Report Writing and Case Studies (R-10) 15 hours
State Certified Residential
Real Estate Appraiser (200 hours)+
Associate’s Degree or 21 college semester credit hours
Basic Appraisal Principles (R-5) 30
hours
Basic Appraisal Procedures (R-6) 30 hours
National USPAP 15 hours
Residential Market Analysis and Highest/best Use (R-7) 15 hours
Residential Appraiser Site Valuation and Cost Approach (R-8) 15
hours
Residential Sales Comparison and Income Approach (R-9) 30 hours
Res. Report Writing and Case Studies (R-10) 15 hours
Statistics, Modeling and Finance (SMF) 15 hours
Advanced Residential Applications and Case Studies (R-11) 15 hours
Intro. to Residential Income Properties (RE-1) 20 hours -OR-
Fair Housing, Fair Lending/Environmental Issues (RE-2) 20 hours
Continuing Education
All appraisers are required to successfully complete twenty-eight
(28) hours of approved continuing education prior to renewal. All
courses must be completed within the two-year license cycle.
Individuals who successfully complete an appraiser qualifying course during any license term in anticipation of changing their classification, may receive continuing education credit for such a course.
In order to renew a license or certification expiring on or after January 1, 2004, all categories of real estate appraisers must complete the 7-hour National USPAP Update Course prior to renewal. The 7-hour National USPAP Update Course must be completed every two-years prior to the renewal and may be applied toward the 28-hour continuing education requirement.
Real Estate Appraisal courses of study are approved and supervised by the Department of State. All inquiries and complaints against an approved educational provider should be directed to the Bureau of Educational Standards.