The Licensing Institution elicenseschool

The information contained below is designed to provide a summary of the minimum education, experience and examination requirements established by the Louisiana Real Estate Appraiser Board. http://www.lreasbc.state.la.us/ The information can be found in the Louisiana Real Estate Appraiser Amended Laws (August 2003). However, we recommend that you contact the Appraisal Board for more detailed information.

Three Categories of Appraisers in Louisiana:

• Real Estate Appraiser Trainee
• Certified Residential Appraiser
• Certified General Appraiser

To be Eligible for Licensure/Certification, a person must:

• Have a high school diploma or its equivalent.
• Bear a good reputation for honesty, trustworthiness and integrity.
• Show proof that the educational requirements have been met.
• Satisfy the experience requirement and submit an experience review application for Certification Level . * Satisfactory completion of the Board’s State examination (Trainees are not required to take a State Examination).
• Fill out the state provided application.

Education:

Each level must successfully complete the specified hours of approved real estate appraisal courses for each level of licensure, which includes at least 15 hours on the Uniform Standards of Professional Appraisal Practice (USPAP). The specified hours are:

75 hours for the Appraiser Trainee classification.

120 hours for the Certified Residential Appraiser classification. The classroom hours required for the certified residential appraiser may include classroom hours required for the appraiser trainee.

180 hours for the Certified General Appraiser classification. The classroom hours required for the certified general appraiser may include the classroom hours required for the certified residential appraiser and appraiser trainee.

Experience:

Applicants shall list their appraisal experience on the application provided by the Board. Computer generated forms will be accepted, provided that all necessary data is submitted in a format similar to that published by the Board.

1. There is no experience requirement for an Appraiser Trainee. Trainees must work under the direct supervision who is licensed in good standing as a certified appraiser. The trainee may not be licensed in this category in excess of six years. All trainees who have been licensed in excess of two years shall be required to obtain continuing education.
2. Applicants for a Certified Residential Appraiser certificate shall have a minimum of 2,500 hours of experience within 24 months. Such hours can not be obtained in less than 24 months and education hours can not be a substituted for experience.
3. Applicants for a Certified General Appraiser certificate shall have a minimum if 3,000 hours of experience within 36 months. Such hours can not be obtained in less than 36 months and education hours can not be a substituted for experience.

Certificate Renewal:

The term for a certificate issued shall be two years from the date of issuance and shall expire on the second December 31 following the date on which it was issued.

Continuing Education Requirements:

As a prerequisite of renewal of licensure or certification, an appraiser shall present evidence satisfactory to the board of having met the continuing education requirements. Appraisers must complete a minimum of thirty continuing education hours. As a part of the thirty hour requirement, the applicant must complete a minimum of 7 hours of instruction covering USPAP every renewal period.

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