Appraisal Licensing

Licensure is the process by which an agency of state government grants permission to individuals to engage in the practice of a particular profession, vocation, or occupation and prohibits all others from claiming those credentials.

The Appraisal Qualifications Board (AQB) is an independent board of the Appraisal Foundation and is responsible for establishing the minimum education, experience and examination requirements for real property appraisers practicing in the United States. Individual states must implement appraiser certification requirements that are no less stringent than those issued by the AQB. Beginning January 1, 2008, the AQB changed the real property appraiser qualification criteria; significantly increasing the education hours and adding college degree requirements to the criteria for some license levels.

By ensuring a level of minimum competence, the licensure process protects the general public and ensures that the requirements for licensure are consistent from state to state. It is the state regulatory agency’s responsibility to establish the acceptable level of safe practice and to furnish the means for determining whether an individual meets that standard.

All of the appraisers and many of the support staff in the Douglas County Assessor’s office are licensed through the State of Colorado Board of Real Estate Appraisers. The following table lists the State requirements for real estate appraisal licenses and shows the number of individuals with that level of licensure in the Douglas County Assessor’s Office.

 

License Level Qualifying Education Appraisal Experience Exam Level Continuing Education Number in Office
Registered Appraiser

75 hrs of approved appraisal curriculum

None

A

14 hrs/yr

Uniform Standards of Professional Appraisal Practice Update (USPAP) every 2 years

14

Licensed Appraiser

150 hrs of approved appraisal curriculum

At least 2000 hours documented appraisal work, over at least a 12 month period

A

14 hrs/yr

Uniform Standards of Professional Appraisal Practice Update (USPAP) every 2 years

3

Certified Residential Appraiser 200 hrs of approved appraisal curriculumPLUSan Assoicate degree or higher, or completion of college coursework in specified subject mater At least 2500 hours documented appraisal work, over at least a 24 month period, including complex residential property experience B 14 hrs/yrUniform Standards of Professional Appraisal Practice Update (USPAP) every 2 years 11
Certified General Appraiser 300 hrs of approved appraisal curriculumPLUSa Bachelors degree or higher, or completion of college coursework in specified subject mater At least 3000 hours of documented appraisal work, over at least a 30 month period – at least 1500 of these hours must be appraisal of non-residential properties C 14 hrs/yrUniform Standards of Professional Appraisal Practice Update (USPAP) every 2 years 4