Alaska Admin. Code tit. 12, § 70.140
Standards for acceptable education
Effective Mar 5, 2023Alaska Register 245(Eff. 7/16/92, Register 123; am 4/15/94, Register 130; am 12/13/94, Register 133; am 6/13/97, Register 142; am 6/5/98, Register 146; am 4/16/2004, Register 170; am 1/16/2005, Register 173; am 5/24/2007, Register 182; am 9/14/2012, Register 203; am 6/28/2015, Register 214; am 10/18/2017, Register 224; am 3/28/2019, Register 229; am 3/5/2023, Register 245)
(a) To comply with the real estate appraisal education requirements of 12 AAC 70.115 for initial certification or the registered trainee education requirements of 12 AAC 70.125, an applicant's classroom hours of instruction as defined in 12 AAC 70.910 must
- (1) relate directly to real estate appraisal theory or practices;
- (2) be obtained through a course approved under 12 AAC 70.145; and
- (3) meet the requirements of 12 AAC 70.145.
- (b) Only a course that has prior approval of the board under 12 AAC 70.145 will be credited toward the classroom hours of instruction required for certification or registration.
- (c) An applicant's classroom hours of education for certification as a general or residential real estate appraiser must include coverage of the full scope of the fundamentals of appraisal theory, principles, and practices and all topics listed in the applicable Appraiser Qualification Criteria developed by the Appraiser Qualifications Board of The Appraisal Foundation, The Real Property Appraiser Qualification Criteria effective January 1, 2026, and adopted by reference. A course that is highly specialized or narrow in focus will not be credited toward an applicant's required classroom hours of instruction unless the applicant has also completed sufficient courses to cover the fundamental aspects of appraisal theory, principles, and practices as set out under this section.
- (d) An online course that meets the requirements of this section will be approved under the same process and criteria as an in-person course.
- (e) The board will not award credit for non instructional course time except for a maximum of 20 hours spent writing appraisal reports for a course on that subject. The number of hours credited under this subsection may not exceed 50 percent of the total classroom hours awarded for the course for which the appraisal reports were written. The board will award credit under this subsection for not more than one course during an applicant's total classroom hours of instruction.
- (f) The board may require additional information if necessary to determine whether an applicant's classroom hours of instruction meet the requirements in this section.
(Eff. 7/16/92, Register 123; am 4/15/94, Register 130; am 12/13/94, Register 133; am 6/13/97, Register 142; am 6/5/98, Register 146; am 4/16/2004, Register 170; am 1/16/2005, Register 173; am 5/24/2007, Register 182; am 9/14/2012, Register 203; am 6/28/2015, Register 214; am 10/18/2017, Register 224; am 3/28/2019, Register 229; am 3/5/2023, Register 245)