1. (a) The following courses or seminars are approved by the board to meet the education requirements for initial certification or trainee registration if the courses or seminars meet the requirements of 12 AAC 70.140 and (b) of this section:

   1. (1) a course or seminar offered by a member organization of The Appraisal Foundation;
   2. (2) a course or seminar offered by a regionally accredited junior college, college, or university;
   3. (3) a course or seminar approved by the Appraiser Qualifications Board Course Approval Program of The Appraisal Foundation;
   4. (4) an online education course or seminar approved by the International Distance Education Certification Center.

2. (b) An education provider or other organization that wishes to sponsor a course or seminar for approval under this section shall submit to the board

   1. (1) a completed application on a form provided by the department;
   2. (2) applicable fees required under 12 AAC 02.370; and
   3. (3) if applying for approval under (a)(3) or (4) of this section, verification that the course or seminar is approved by the Appraiser Qualifications Board or the International Distance Education Certification Center.
3. (c) The board will use the standards established under this section to determine if a course or seminar that is not approved under (a) of this section contains material sufficiently related to real estate appraisal, and may credit the course or seminar toward an applicant's total classroom hours of instruction.

4. (d) To receive the board's approval under (b) and (c) of this section, a course or seminar must

   1. (1) have a primary focus directly related to the theories, concepts, principles, practices, techniques, methods, or problems applicable to one or more aspects of real property appraisal;

   2. (2) meet the following requirements:

      1. (A) the course or seminar must offer a verification of attendance;

      2. (B) the course or seminar must require successful completion of a final examination and be a minimum of 15 classroom hours in duration, except that

         1. (i) a course or seminar on valuation bias and fair housing laws and regulations must be a minimum of eight classroom hours in duration;
         2. (ii) time spent on an assignment that is not an appraisal report under 12 AAC 70.140(e) will not be counted toward a minimum course or seminar duration or credited toward the total classroom hours of instruction required for initial certification or trainee registration; and
   3. (3) have the number of hours of instruction sufficient for quality instruction on the subject matter that the course or seminar covers.
5. (e) A course or seminar that is approved by the board under (d) of this section but is not approved by the Appraiser Qualifications Board or the International Distance Education Certification Center is valid for three years after the date of initial approval. Approval may be renewed by submitting a renewal application on forms provided by the department.

6. (f) A course or seminar that is approved by the Appraiser Qualifications Board or the International Distance Education Certification Center has an expiration date consistent with the organization's expiration date, as follows:

   1. (1) the department

      1. (A) will update the course or seminar expiration date if the course or seminar provider submits recertification documents;
      2. (B) will not update the course or seminar expiration date if the Appraiser Qualifications Board or International Distance Education Certification Center recertification exceeds three years after the date of initial approval;
   2. (2) approval for a course or seminar that expires after three years may be renewed by submitting a renewal application on forms provided by the department.
7. (g) The board will maintain a list of courses and seminars approved under 12 AAC 70.140 and this section.

(Eff. 6/13/97, Register 142; am 9/16/2000, Register 155; am 1/16/2005, Register 173; am 6/22/2005, Register 174)

Authority: AS 08.87.020, AS 08.87.110, AS 08.87.310