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Appraiser Certification Program
Education Requirements for Certification of Appraisers
State-Certified Residential Appraiser
State-Certified General Appraiser
Please also see the Appraiser Qualifications Board's Education Requirements.
State-Registered Appraiser
Prerequisites to sit for the national examination:
An applicant for state-registered appraiser must have completed 75 creditable classroom hours of approved qualifying education, which includes successful completion of each course examination. Acceptable education is the Appraiser Qualifications Board required core curriculum as follows:
- Basic appraisal principles - 30 hours;
- Basic appraisal procedures - 30 hours; and
- Fifteen hour qualifying course that covers the uniform standards as adopted in ARSD 20:14:13:10.01.
State-Licensed Appraiser
Prerequisites to sit for the national examination:
An applicant for examination as a state-licensed appraiser must have completed 150 creditable classroom hours of approved qualifying education which includes successful completion of each course examination. Acceptable education is the Appraiser Qualifications Board required core curriculum as follows:
- Basic appraisal principles - 30 hours;
- Basic appraisal procedures - 30 hours;
- Fifteen hour qualifying course that covers the uniform standards as adopted in ARSD 20:14:06:01;
- Residential market analysis and highest and best use - 15 hours;
- Residential appraiser site valuation and cost approach - 15 hours;
- Residential sales comparison and income approaches - 30 hours;
- Residential report writing and case studies - 15 hours.
An applicant for State-Licensed Appraiser must have 30 semester credit hours of college-level education.
State-Certified Residential Appraiser
Prerequisites to sit for the national examination:
An applicant for examination as a state-certified residential appraiser must have completed 200 creditable classroom hours of approved qualifying education which includes successful completion of each course examination. Acceptable education is the Appraiser Qualifications Board required core curriculum as follows:
- Basic appraisal principles - 30 hours;
- Basic appraisal procedures - 30 hours;
- Fifteen hour qualifying course that covers the uniform standards as adopted in ARSD 20:14:06:01;
- Residential market analysis and highest and best use - 15 hours;
- Residential appraiser site valuation and cost approach - 15 hours;
- Residential sales comparison and income approaches - 30 hours;
- Residential report writing and case studies - 15 hours;
- Statistics, modeling, and finance - 15 hours;
- Advanced residential applications and case studies - 15 hours;
Appraisal subject matter electives - 20 hours.
An applicant for the state-certified residential classification must hold a bachelor's degree or higher.
State-Certified General Appraiser
Prerequisites to sit for the national examination
An applicant for examination as state-certified general appraiser must have completed 300 creditable classroom hours of approved qualifying education, which includes successful completion of each course examination. Acceptable education is the Appraiser Qualifications Board required core curriculum as follows:
- Basic appraisal principles - 30 hours;
- Basic appraisal procedures - 30 hours;
- Fifteen hour qualifying course that covers the uniform standards as adopted in ARSD 20:14:06:01;
- General appraiser market analysis and highest and best use - 30 hours;
- Statistics, modeling and finance - 15 hours;
- General appraiser sales comparison approach - 30 hours;
- General appraiser site valuation and cost approach - 30 hours;
- General appraiser income approach - 60 hours;
- General appraiser report writing and case studies - 30 hours;
- Appraisal subject matter electives - 30 hours.
An applicant must demonstrate the applicant's education includes the core courses listed in these criteria, with particular emphasis on nonresidential properties, which are properties other than one- to four-family residential properties.
An applicant for the state-certified general classification must hold a bachelor's degree or higher.