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Appraiser Certification Program
Classifications and Requirements of Appraisers
State-Certified Residential Appraiser
State-Certified General Appraiser
Note about competency: All classifications of appraisers must comply with the Competency Rule of the Uniform Standards of Professional Appraisal Practice. All are also responsible, regardless of transaction value, for knowing the difference between having the authority to perform an appraisal and having the necessary qualifications through experience, knowledge and training to perform an appraisal competently.
| State-Registered Trainee (Entry Level) |
|
Education Requirements |
75 hours of appraisal education, including 15 hour uniform standards course (See AQB Education Requirements.) Training Course for Supervisory Appraisers and State-Registered Trainees is required for a State-Registered Trainee and in order to claim appraisal experience credit for an assignment requiring a supervisory appraiser. |
| Experience Requirements (See ARSD 20:14:05.) |
None Required |
| Approved Examination | Not Required |
| Background Check | Required |
| Transactions Requiring State-Registered Trainee (See ARSD 20:14:05.) |
May appraise those properties which the state-certified Supervisory Appraiser is permitted by his/her current credential and that the Supervisory Appraiser is competent to appraise. (See Supervised Experience, Supervisory Appraisers, and Log of Supervisory Appraisers). |
| State-Licensed Appraiser (Mid-Level Residential Licensure) |
|
| Education Requirements (See ARSD 20:14:05.) |
150 hours of appraisal education, including 15 hour uniform standards course. (See AQB Education Requirements.) (See ARSD 20:14:05.) |
| Experience Requirements (See ARSD 20:14:05.) |
1,000 hours across at least 6 months. See Experience Guidelines for more information. |
| AQB Approved Examination | Required |
| Background Check | Required |
| Transactions Requiring State-Licensed Appraiser (See ARSD 20:14:05.) |
Any noncomplex nonresidential property appraisal or complex one- to four-family residential property appraisal with a transaction value of less than $400,000 and any noncomplex one- to four-family residential property appraisal with a transaction value of less than $1,000,000. |
| State-Certified Residential Appraiser (Highest Level of Residential Certification) |
|
| Education Requirements (See ARSD 20:14:05.) |
200 hours of appraisal education, including 15 hour uniform standards course. (See AQB Education Requirements.) (See ARSD 20:14:05.) |
| Experience Requirements (See ARSD 20:14:05.) |
1,500 hours across at least 12 months, including at least 750 hours of residential experience. See Experience Guidelines for more information. |
| AQB Approved Examination | Required |
| Background Check | Required |
| Transactions Requiring State-Certified Residential Appraiser (See ARSD 20:14:05.) |
Any noncomplex non-residential property appraisal with a transaction value of less than $400,000 and any one- to four-family residential property appraisal without regard to transaction value or complexity. |
| State-Certified General Appraiser (Highest Level of Certification) |
|
| Education Requirements (See ARSD 20:14:05.) |
300 hours of appraisal education, including 15 hour uniform standards course. (See AQB Education Requirements.) |
| Experience Requirements (See ARSD 20:14:05.) |
3,000 hours across at least 18 months, including at least 1,500 hours non-residential experience. See Experience Guidelines for more information. |
| AQB Approved Examination | Required |
Background Check |
Required |
| Transactions Requiring State-Certified General Appraiser (See ARSD 20:14:05.) |
Any type of property without regard to transaction value or complexity. |