The Licensing Institution elicenseschool

The information contained in below is designed to provide a summary of the minimum education, experience and examination requirements established by the Virginia Real Estate Appraiser Board. http://www.state.va.us/dpor/indexie.html

Levels of Licensure:

• Appraiser Trainee
• Licensed Residential Appraiser
• Certified Residential Appraiser
• Certified General Appraiser

Every applicant to the Real Estate Appraiser Board for a certified general, certified residential, or licensed residential real estate appraiser license shall meet the following qualifications:

• The applicant shall be of good moral character, honest, truthful, and competent to transact the business of a licensed real estate appraiser in such a manner as to safeguard the interests of the public.
• The applicant shall meet the current educational and experience requirements and submit a license application to the Department of Professional and Occupational Regulation or its agent prior to the time the applicant is approved to take the licensing examination. Applications received by the department or its agent must be complete within 12 months of the date of the receipt of the license application and fee by the Department of Professional and Occupational Regulation or its agent.
• The applicant shall sign, as part of the application, a statement verifying that the applicant has read and understands the Virginia real estate appraiser license law and the regulations of the Real Estate Appraiser Board.
• The applicant shall be in good standing as a real estate appraiser in every jurisdiction where licensed or certified; the applicant may not have had a license or certification which was suspended, revoked or surrendered in connection with a disciplinary action or which has been the subject of discipline in any jurisdiction prior to applying for licensure in Virginia.
• The applicant may not have been convicted, found guilty or pled guilty, regardless of adjudication, in any jurisdiction of a misdemeanor involving moral turpitude or of any felony. Any plea of nolo contendere shall be considered a conviction for purposes of this subdivision. A certified copy of a final order, decree, or case decision, by a court with the lawful authority to issue such order, decree, or case decision shall be admissible as prima facie evidence of such conviction.
• The applicant shall be at least 18 years old.
• The applicant shall have successfully completed the specified hours of approved real estate education courses for each level of licensure, including a course of at least 15 hours on the Uniform Standards of Professional Appraisal Practice.
• The applicant shall, as part of the application for licensure, verify his experience in the field of real estate appraisal. All applicants must submit, upon application, sample appraisal reports as specified by the board. In addition, all experience must be supported by adequate written reports or file memoranda which shall be made available to the board upon request.
• Within 12 months after being approved by the board to take the examination, the applicant shall have registered for and passed a written examination endorsed by the Appraiser Qualifications Board and provided by the board or by a testing service acting on behalf of the board.
• Applicants for licensure who do not meet the requirements set forth in subdivisions 4 and 5 of this section may be approved for licensure following consideration of their application by the board.

Educational Requirements:

• 75 hours for the Appraiser Trainee classification . This education must be obtained within the last 5 years. Within 12 months after being approved by the board to take the state examination, the applicant shall have registered for and passed a written examination provided by the board or by a testing service acting on behalf of the board.
• 90 hours for the Licensed Residential Appraiser . The classroom hours required for the licensed residential appraiser may include the classroom hours required for the appraiser trainee and may also include 30 hours of related courses in topics specified in 18 VAC 130-20-220 A 1.
• 120 hours for the Certified Residential Appraiser . The classroom hours required for the licensed residential appraiser may include the classroom hours required for the appraiser trainee or the licensed real estate appraiser and may also include 30 hours of related courses in topics specified in 18 VAC 130-20-220 A 1.
• 180 hours for the Certified General Appraiser . The classroom hours required for the licensed residential appraiser may include the classroom hours required for the appraiser trainee, the licensed real estate appraiser, or the certified general appraiser and may also include 30 hours of related courses in topics specified in 18 VAC 130-20-220 A 1. All applicants for licensure as a certified general appraiser must complete an advanced level appraisal course of at least 30 hours in the appraisal of nonresidential properties.

Experience Requirements

• There is no experience requirement for the appraiser trainee classification. Trainees must work under a supervising appraiser to obtain experience.
• Applicants for a licensed residential real estate appraiser license shall have a minimum of 2,000 hours appraisal experience. Hours may be treated as cumulative in order to achieve the necessary 2,000 hours of appraisal experience.
• Applicants for a certified residential real estate appraiser license shall have a minimum of 2,500 hours of appraisal experience obtained during no fewer than 24 months. Hours may be treated as cumulative in order to achieve the necessary 2,500 hours of appraisal experience.
• Applicants for a certified general real estate appraiser license shall have a minimum of 3,000 hours of appraisal experience obtained during no fewer than 30 months. Hours may be treated as cumulative in order to achieve the necessary 3,000 hours of appraisal experience. At least 50% of the appraisal experience required (1,500 hours) must be in nonresidential appraisal assignments and include assignments which demonstrate the use and understanding of the income approach. An applicant whose nonresidential appraisal experience is predominately in such properties which do not require the use of the income approach may satisfy this requirement by performing two or more appraisals on properties in association with a certified general appraiser which include the use of the income approach.

Renewal of License

Licenses issued under this chapter for certified general real estate appraisers, certified residential real estate appraisers and licensed residential real estate appraisers and appraiser trainees and registrations issued for business entities shall expire two years from the last day of the month in which they were issued, as indicated on the license or registration.

Qualifications for renewal

As a condition of renewal, and under § 54.1-2014 of the Code of Virginia, all active certified general real estate appraisers, certified residential real estate appraisers, and licensed residential real estate appraisers, resident or nonresident, shall be required to complete continuing education courses satisfactorily within each licensing term as follows:

• All real estate appraisers must satisfactorily complete continuing education courses or seminars of not less than 28 classroom hours during each licensing term.
• Seven of the classroom hours completed to satisfy the continuing education requirements shall be the National Uniform Standards of Professional Appraisal Practice course or its equivalent.
• As a condition of renewal, all licensed real estate appraiser trainees, shall meet the continuing education requirements set forth in subsection A of this section beginning with the second licensing term. Continuing education is not required to renew a real estate appraiser trainee license at the expiration of the first licensing term.

Procedures for renewal

• The board will mail a renewal application form to the licensee and certificate holder at the last known home address and to the registered firm at the last known business address. This form shall outline the procedures for renewal. Failure to receive the renewal application form shall not relieve the licensee,certificate holder or the registrant of the obligation to renew.
• Prior to the expiration date shown on the license or registration, each licensee, certificate holder or registrant desiring to renew the license or registration shall return to the board the completed renewal application form and the appropriate renewal and registry fees as outlined in 18 VAC 130-20-130.
• The date on which the renewal application form and the appropriate fees are received by the Department of Professional and Occupational Regulation or its agent will determine whether the licensee, certificate holder or registrant is eligible for renewal. If either the renewal application form or renewal fee, including the registry fee, is not received by the Department of Professional and Occupational Regulation or its agent within 30 days of the expiration date, the licensee, certificate holder or registrant must reinstate his license by meeting all requirements listed in 18 VAC 130-20-110 and pay a reinstatement fee as specified in 18 VAC 130-20-130. Three months after the expiration date on the license, certificate or registration, reinstatement is no longer possible. To resume practice, the former licensee, certificate holder, or registrant shall reapply for licensure as a new applicant, meeting current education, examination and experience requirements.

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