APPLICATION FOR APPRAISER LICENSE

Form a11918

Form a11919

Form a11920

Form a11921

Form a11922

Form a11923

Form a11924

Form a11925

Form a11926

Form a11927

Form a11928

CHECKLIST FOR BECOMING LICENSED AND/OR CERTIFIED APPRAISER

Form a11929

residential properties having transaction value of $250,000 or less; (b) non-complex appraisals of 1 to 4 unit residential properties having transaction value of $1,000,000 or less; (c) appraisals of other types of real estate having transaction value of $250,000 or less. The Licensed Real Property Appraiser is authorized to give a "Certified Appraisal" on a federally-related transaction, in accordance with FIRREA requirements (not to be confused with the "License Only" category which was in effect until June 1, 1994).

1. 3. Certified Residential Real Property Appraiser -- This classification refers to those individuals licensed by the Board as being qualified to perform federally-related residential real estate appraisals on 1 to 4 unit residential properties without regard to the complexity or dollar amount. These appraisers are also permitted to appraise non-residential properties having a transaction value of $250,000 or less. The Certified Residential Real Property Appraiser is authorized to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

2. 4. Certified General Real Property Appraiser -- This classification shall consist of those persons certified by the Board as qualified to perform appraisals on all types of real estate, regardless of complexity or transaction value. This classification allows the appraiser to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

   EDUCATION, EXAMINATION AND EXPERIENCE REQUIREMENTS

3. 1. The "Trainee Real Property Appraiser" -- no experience or exam is required. This entry-level classification requires 75 classroom hours of Board-approved appraisal education during the last 10 years. Fifteen of the 75 hours must be in the Uniform Standards of Professional Appraisal Practice. Trainee's appraisal experience must be under the direct supervision of a Licensed or Certified Real Property appraiser. If the Trainee plans to use these experience hours as part of the experience needed for licensure, the work must be included in the Trainee's assignment log, and the appraisal report must be signed by the supervising appraiser.
4. 2. The "Licensed Real Property Appraiser" -- classification became available June 1, 1994 and applies only to appraisers licensed or reclassified after that date. The appraiser is required to have completed, during the last 10 years, 75 classroom hours of Board-approved appraisal education, fifteen of which must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.
5. 3. The "Certified Residential Real Property Appraiser" -- classification requires 120 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 120 hours must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.

6. 4. The "Certified General Real Property Appraiser" -- classification requires 165 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 165 hours must be in the Uniform Standards of Professional Appraisal Practice. The appraiser must have a minimum of 2000 hours actual appraisal experience. At least 1000 of the 2000 hours experience must be in non-residential appraisal work during past five years. Applicant is required to pass a state examination for this classification.

   The Alabama Real Estate Appraisers Board does not discriminate on the basis of race, color, national origin, sex, religion, age or disability in employment or the provision of services.

   STUDYGUIDE FOR THE REAL PROPERTY APPRAISER EXAMINATIONS

   Akerson, Charles B., The Appraiser's Workbook, Chicago: American Institute of Real Estate Appraisers,

   1985

   An Introduction to Appraising Real Property, Society of Real Estate Appraisers, 1975

   Appraisal Guide, SRA

   The Appraisal Journal

   The Appraisal of Real Estate, Chicago: American Institute of Real Estate Appraisers, 1984, 1987, 10th Ed.

   Appraisal Real Estate, 8th Edition

   Appraisal Terminology and H.B., 1954 Edition

   Appraising Residential Properties, Chicago: American Institute of Real Estate Appraisers, 1988

   Beron, Gail, Boyce, Byrl N., Kinnard, William N., Scribner, David, An Introduction to Appraising Real

   Property, Revised 5th Edition

   Beron, Gail L., Applied Residential Property Valuation, 6th Edition, 1985

   Bloom, George F., Harrison, Henry S., Appraising the Single-Family Residences, Chicago: American

   Institute of Real Estate Appraisers, 1984, 1987

   Boyce and Kinnard, Appraisal of Real Estate, 1984, SREA

   Boyce, Byrl N., Kinnard, William N. Jr., Appraising Real Property, Lexington, MA: D. C. Heath and

   Company, 1984, 1987

   Building Construction Estimating, 2nd Edition

   Dictionary of Real Estate Appraisal, 2nd Edition. Chicago: American Institute of Real Estate Appraisers,

   1984, 1989.

   Ellwood, Financial Tables

   Encyclopedia of Real Estate Appraising, Edity Freeman, Prentice-Hall

   Friedman, Harris, and Lindeman, Dictionary of Real Estate Terms (Barrons)

   Fundamentals of Real Estate Appraisal, 3rd, 4th Edition

   Harrison, Henry S., Harrison, Julie S., Harrison's Illustrated Dictionary of Real Estate Appraisal, New

   Haven, CT: Collegiate Distribution Company, 1983

   Harwood, Bruce; Ellis, John, Real Estate Resource Book, 1986

   How to Appraise Commercial Properties. e.d. Robinson, ASA.

   Kinnard, William N., Jr., Income Property Valuation, Lexington, MA: D.C. Heath and Company, 1971

   Kratovil, Robert, Real Estate Law, 6th Edition, Prentice-Hall, 1974

   Lomax Tables

   Marshall and Swift, Cost Calculation

   Modern Real Estate, John Wiley and Sons, 1987

   Rayburn, William B., SRPA, Exam Preparation for Residential Appraiser Certification: Appraisal Institute

   Real Estate Appraisal Applications, American Institute of Real Estate Appraisers, 1990

   Real Estate Appraisal Terminology, SREA, 1984

   Real Estate Principles and Practices, 3rd Edition.

   Ring, Alfred A., The Valuation of Real Estate, Englewood Cliffs, NJ: Prentice-Hall, 1970

   Swango, Dan, Appraising Single-Family Residences, SREA

   Uniform Standards of Professional Practice and Conduct, SREA

   Uniform Standards of Professional Appraisal Practice, Washington, D.C.: The Appraisal Foundation.

   Ventolo, William L. Jr., Williams, Martha R., Fundamentals of Real Estate Appraisal, 5th Edition,

   Chicago: Longman, 1987, 1990

   NATIONAL UNIFORM EXAMINATION CONTENT OUTLINE 

   ALL APPRAISER CLASSIFICATIONS

7. I. INFLUENCES ON REAL ESTATE VALUE

   1. A. Physical & Environmental
   2. B. Economic
   3. C. Governmental & Legal
   4. D. Social

8. II. LEGAL CONSIDERATIONS IN APPRAISAL

   1. A. Real estate vs. real property

   2. B. Real property vs. personal property

      1. 1. Fixtures
      2. 2. Trade Fixtures
      3. 3. Machinery & equipment

   3. C. Limitations on real estate ownership

      1. 1. Private

         1. a. Deed restrictions
         2. b. Leases
         3. c. Mortgages
         4. d. Easements
         5. e. Liens
         6. f. Encroachments

      2. 2. Public

         1. a. Police power
         2. (1) Zoning
         3. (2) Building & fire codes
         4. (3) Environmental regulations
         5. b. Taxation
         6. (1) Property tax
         7. (2) Special assessments
         8. c. Eminent domain
         9. d. Escheat

   4. D. Legal rights & interests

      1. 1. Fee simple estate
      2. 2. Life estate
      3. 3. Leasehold interest
      4. 4. Leased fee interest

      5. 5. Other legal interests

         1. a. Easement
         2. b. Encroachment

   5. E. Forms of property ownership

      1. 1. Individual
      2. 2. Tenancies & undivided interests

      3. 3. Special ownership forms

         1. a. Condominiums
         2. b. Cooperative
         3. c. Time sharing

   6. F. Legal descriptions

      1. 1. Metes & bounds
      2. 2. Government survey
      3. 3. Lot & block

   7. G. Transfer of title

      1. 1. Basic types of deeds
      2. 2. Recordation

9. III. TYPES OF VALUE

   1. A. Market Value or Value in Exchange
   2. B. Price
   3. C. Cost
   4. D. Investment Value
   5. E. Value in Use
   6. F. Assessed Value
   7. G. Insurable Value
   8. H. Going Concern Value

10. VI. ECONOMIC PRINCIPLES

    1. A. Anticipation
    2. B. Balance
    3. C. Change
    4. D. Competition
    5. E. Conformity
    6. F. Contribution
    7. G. Increasing & Decreasing Returns
    8. H. Opportunity Cost
    9. I. Substitution
    10. J. Supply & Demand
    11. K. Surplus Productivity

11. V. REAL ESTATE MARKERS & ANALYSIS

    1. A. Characteristics of real estate market

       1. 1. Availability of information
       2. 2. Changes in supply vs demand
       3. 3. Immobility of real estate
       4. 4. Segmented markets
       5. 5. Regulations

    2. B. Absorption analysis

       1. 1. Demographic data
       2. 2. Competition
       3. 3. Absorption
       4. 4. Forecasts
       5. 5. Existing space inventory
       6. 6. Current & projected space surplus
       7. 7. New space

    3. C. Role of money & capital markets

       1. 1. Competing investments
       2. 2. Sources of capital

    4. D. Real estate financing

       1. 1. Mortgage terms & concepts

          1. a. Mortgagor
          2. b. Mortgage
          3. c. Principal & interest

       2. 2. Mortgage payment plans

          1. a. Fixed rates, level payment
          2. b. Adjustable rate
          3. c. Buydown
          4. d. Other

       3. 3. Types of mortgages

          1. a. Conventional
          2. b. Insured

12. VI. VALUATION PROCESS

    1. A. Definition of the problem

       1. 1. Purpose & use of appraisal
       2. 2. Interests to be appraised
       3. 3. Type of value to be estimated
       4. 4. Date of the value estimate
       5. 5. Limiting conditions

    2. B. Collection & analysis of data

       1. 1. National & regional trends
       2. 2. Economic base

       3. 3. Local area & neighborhood

          1. a. Employment
          2. b. Income
          3. c. Trends
          4. d. Access
          5. e. Locational convenience
       4. 4. Site & improvements
    3. C. Analysis of highest & best use

    4. D. Application & limitations of each approach to value

       1. 1. Sales comparison
       2. 2. Cost
       3. 3. Income capitalization
    5. E. Reconciliation & final value estimate
    6. F. The appraisal report

13. VII. PROPERTY DESCRIPTION

    1. A. Site description

       1. 1. Utilities
       2. 2. Access
       3. 3. Topography
       4. 4. Size

    2. B. Improvements description

       1. 1. Size
       2. 2. Condition
       3. 3. Utility

    3. C. Basic construction & design

       1. 1. Techniques & materials

          1. a. Foundations
          2. b. Framing
          3. c. Finish (exterior & interior)
          4. d. [FN*] Mechanical
       2. 2. Functional Utility

14. VIII. HIGHEST & BEST USE ANALYSIS

    1. A. Four tests

       1. 1. Physically possible
       2. 2. Legally permitted
       3. 3. Economically feasible
       4. 4. Maximally productive
    2. B. Vacant site or as if vacant
    3. C. As improved
    4. D. Interim use

15. IX. APPRAISAL MATH & STATISTICS

    1. A. Compound interest concepts

       1. 1. Future value of $1
       2. 2. Present value of $1
       3. 3. Future value of an annuity of $1 per period
       4. 4. Present value of an annuity of $1 per period
       5. 5. Sinking fund factor
       6. 6. Installment to amortize $1 (loan constant)

    2. B. Statistical concepts used in appraisal

       1. 1. Mean
       2. 2. Median
       3. 3. Mode
       4. 4. Range
       5. 5. Standard deviation

16. X. SALES COMPARISON APPROACH

    1. A. Research & selection of comparison

       1. 1. Data sources
       2. 2. Verification

       3. 3. Units of comparison

          1. a. Income

             1. (1) Potential gross income multiplier
             2. (2) Effective gross income multiplier
             3. (3) Overall rate

          2. b. Size

             1. (1) Square foot
             2. (2) Acres
             3. (3) Other

          3. c. Utility (examples only)

             1. (1) Motel & apartment units
             2. (2) Theater seats
             3. (3) Other

    2. B. Elements of comparison

       1. 1. Property rights conveyed

          1. a. Easements
          2. b. Leased fee/Leasehold
          3. c. Mineral rights
          4. d. Others

       2. 2. Financing terms & cash equivalency

          1. a. Loan payment
          2. b. Loan balance

       3. 3. Conditions of sale

          1. a. Arms length sale
          2. b. Personality
       4. 4. Market conditions at time of contract & closing
       5. 5. Location
       6. 6. Physical characteristics
       7. 7. Tenant improvements

    3. C. Adjustment process

       1. 1. Sequence of adjustments
       2. 2. Dollar adjustments
       3. 3. Percentage adjustments
       4. 4. Paired sales analysis
    4. D. Applications of sales comparison approach

17. XI. SITE VALUE

    1. A. Sales comparison
    2. B. Land Residual
    3. C. Allocation
    4. D. Extraction
    5. E. Ground rent capitalization

    6. F. Subdivision analysis

       1. 1. Development cost: direct & indirect
       2. 2. Contractor's overhead & profit
       3. 3. Forecast absorption & gross sales
       4. 4. Entrepreneurial profit
       5. 5. Discounted value conclusion
    7. G. Plottage & assemblage

18. XIII. COST APPROACH

    1. A. Steps in cost approach

    2. 1. Reproduction vs. replacement cost

       1. a. Comparative unit method
       2. b. Unit-in-place method
       3. c. Quantity survey method
       4. d. Cost service index

    3. 2. Accrued Depreciation

       1. a. Types of depreciation

          1. (1) Physical deterioration

             1. (a) Curable
             2. (b) Incurable
             3. (c) Short-lived
             4. (d) Long-lived

          2. (2) Functional obsolescence

             1. (a) Curable
             2. (b) Incurable

          3. (3) External obsolescence

             1. (a) Locational
             2. (b) Economic

       2. b. Methods of estimating depreciation

          1. (1) Age-life method
          2. (2) Breakdown method & sequence of deductions
          3. (3) Market extraction of depreciation
    4. B. Application of the cost approach

19. XIII. INCOME APPROACH

    1. A. Estimation of income & expenses

       1. 1. Gross market income

       2. 2. Effective gross income

          1. a. Vacancy
          2. b. Collection loss

       3. 3. Operating expenses

          1. a. Fixed expenses
          2. b. Variable expenses
          3. c. Reserve for replacements
       4. 4. Not operating income

    2. B. Operating statement ratios

       1. 1. Operating expense ratios
       2. 2. Not income ratio
       3. 3. Break-even ratio

    3. C. Direct capitalization

       1. 1. Relevance & limitations
       2. 2. Overall capitalization rate
       3. 3. Gross income multiplier and not income ratio
       4. 4. Bank of investment (mortgage equity) techniques

       5. 5. Residual techniques

          1. a. Land (building value given)
          2. b. Building (land value given)
          3. c. Equity (mortgage value given)

    4. D. Cash flow estimates (before tax only)

       1. 1. Operating years

          1. a. Estimating NOI with a change in NOI
          2. b. Estimating NOI using lease information
          3. c. Cash flow (NOI less mortgage payment)

       2. 2. Reversion

          1. a. Estimating resale with a change in value
          2. b. Estimating resale with a terminal capitalization rate
          3. c. Cash flow (sale price less mortgage balance)
          4. d. Deductions for costs of sale & legal fees to arrive at a net reversion

    5. E. Measures of cash flow

       1. 1. Equity divided rate (cash on cash rate)
       2. 2. Debt coverage ratio

    6. F. Discounted cash flow analysis (DCF)

       1. 1. Relevance & limitations

       2. 2. Potential gross income and expense estimate

          1. a. Marker vs. contract rents
          2. b. Vacancy & lease commissions
          3. c. Tenant improvements & concession
       3. 3. Discount rates & yield rates (definitions & concept but no calculations of yield rates)
       4. 4. Discounting cash flows (from operations & reversion where all cash flows projected in dollar amounts & tables or calculators can be used)

20. XIV. VALUATION OF PARTIAL INTERESTS

    1. A. Interests created by a lease

       1. 1. Leased fee
       2. 2. Leasehold
       3. 3. Subleasehold
       4. 4. Renewal options
       5. 5. Tenant improvements
       6. 6. Concessions

    2. B. Lease Provisions

       1. 1. Overage rent
       2. 2. Expense stops
       3. 3. Net leases
       4. 4. Minimum rent
       5. 5. Percentage rent
       6. 6. CPI adjustments
       7. 7. Excess rent

    3. C. Valuation considerations

       1. 1. Identifying the cash flows to the different interests, including turnover ratios
       2. 2. Discount rate selection for different interests
       3. 3. Relationship between the values of the interests

    4. D. Other partial interests

       1. 1. Life estates
       2. 2. Undivided interest in commonly held property
       3. 3. Easements
       4. 4. Timeshares
       5. 5. Cooperative

21. V. APPRAISAL STANDARDS AND ETHICS

    1. (1) APPRAISAL STATISTICAL CONCEPTS
    2. (2) ECONOMIC PRINCIPLES
    3. (3) INCOME APPROACH
    4. (4) INFLUENCES VALUE
    5. (5) REAL ESTATE MARKETS AND ANALYSIS
    6. (6) SITE VALUE
    7. (7) VALUATION OF PARTIAL INTERESTS

    8. (8) VALUATION PROCESS

       APPLIES TO GENERAL REAL PROPERTY APPRAISER CLASSIFICATION ONLY

       FOUR CATEGORIES OF APPRAISERS IN ALABAMA

       The recently amended Alabama Real Estate Appraisers Act ensures compliance with federal guidelines in the licensing and certifying of real estate appraisers in Alabama. It also provides for mandatory licensing of appraisers of any properties located in Alabama unless the employee (appraiser) is specifically exempt by the statute.

    EXPERIENCE IN THE TESTING OF APPLICANTS INDICATES A NEED FOR ADDITIONAL PREPARATION IN THE FOLLOWING AREAS:

22. 1. Trainee Real Property Appraiser -- This classification requires the trainee to work under the direct supervision of a certified or licensed real property appraiser (not to be confused with the "License Only" classification in effect until June 1, 1994). The scope of practice for the appraiser trainee classification is the appraisal of those properties which the supervising appraiser is permitted to appraise.
23. 2. Licensed Real Property Appraiser -- This classification includes those individuals who are licensed to perform real estate appraisals on properties involved in federally-related transactions including: (a) complex appraisals of 1 to 4 unit residential properties having transaction value of $250,000 or less; (b) non-complex appraisals of 1 to 4 unit residential properties having transaction value of $1,000,000 or less; (c) appraisals of other types of real estate having transaction value of $250,000 or less. The Licensed Real Property Appraiser is authorized to give a "Certified Appraisal" on a federally-related transaction, in accordance with FIRREA requirements (not to be confused with the "License Only" category which was in effect until June 1, 1994).
24. 3. Certified Residential Real Property Appraiser -- This classification refers to those individuals licensed by the Board as being qualified to perform federally-related residential real estate appraisals on 1 to 4 unit residential properties without regard to the complexity or dollar amount. These appraisers are also permitted to appraise non-residential properties having a transaction value of $250,000 or less. The Certified Residential Real Property Appraiser is authorized to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

25. 4. Certified General Real Property Appraiser -- This classification shall consist of those persons certified by the Board as qualified to perform appraisals on all types of real estate, regardless of complexity or transaction value. This classification allows the appraiser to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

    EDUCATION, EXAMINATION AND EXPERIENCE REQUIREMENTS:
    
    

26. 1. Trainee Real Property Appraiser--no experience or exam is required. This entry-level classification requires 75 classroom hours of Board-approved appraisal education during the last 10 years. Fifteen of the 75 hours must be in the Uniform Standards of Professional Appraisal Practice. Trainee's appraisal experience must be under the direct supervision of a Licensed or Certified Real Property appraiser. If the Trainee plans to use these experience hours as part of the experience needed for licensure, the work must be included in the Trainee's assignment log, and the appraisal report must be signed by the supervising appraiser.
27. 2. Licensed Real Property Appraiser--classification became available June 1, 1994 and applies only to appraisers licensed or reclassified after that date. The appraiser is required to have completed, during the last 10 years, 75 classroom hours of Board-approved appraisal education, fifteen of which must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.
28. 3. Certified Residential Real Property Appraiser--classification requires 120 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 120 hours must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.

29. 4. Certified General Real Property Appraiser--classification requires 165 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 165 hours must be in the Uniform Standards of Professional Appraisal Practice. The appraiser must have a minimum of 2000 hours actual appraisal experience. At least 1000 of the 2000 hours experience must be in non-residential appraisal work during past five years. Applicant is required to pass a state examination for this classification.

    Mandatory Licensing of Real Estate Appraisers in Alabama.

    Form al1930

    

    Compliance with USPAP

    Form al1931

    

    TRAINEE REAL PROPERTY APPRAISER

    CRITERIA FOR LICENSE

30. I. Scope of Practice:

    The scope of practice for Appraiser Trainee is:

    The appraisal of those properties which the supervising appraiser is permitted to appraise.

    If the trainee plans to use these experience hours as part of the experience needed to reclassify into another license classification, the work must be included in the trainee's assignment log, and the appraisal report must be signed by the supervising appraiser.

31. II. Education:

    Before applying for licensure as a Trainee Real Property Appraiser, applicants are required to obtain at least 75 hours of approved appraisal education completed during the last ten years, including 15 hours of the Uniform Standards of Professional Appraisal Practice taken during the last two years. After licensure, the Trainee must take a minimum of 20 hours of continuing education each two-year licensing period. Seven of the twenty hours must be in the appraisal law and/or USPAP.

32. III. Experience:

    1. 1. Each Trainee is required to work under the direct supervision of a Licensed Real Property Appraiser, a Certified Residential Real Property Appraiser, or a Certified General Real Property Appraiser. A Trainee may work under more than one supervising appraiser, and there need not be an employer-employee relationship. Direct supervision may be supported by the appraiser Trainee's co-signing an appraisal report with the supervising appraiser and/or by the supervisor, in the certifications or addendum section, giving credit for a significant contribution by the Trainee. Records by the Trainee and the supervising appraiser must be kept on forms approved by the Board.
    2. 2. The Trainee must sign the appraisal report and certify it is in compliance with USPAP, and/or, he or she must be included in the report as having made a significant contribution to the appraisal, in accordance with Standards Rule 2-3 of the USPAP. Significant contribution to the value conclusion directly involves exercise of judgment in arriving at the analysis, opinion, or conclusions concerning real estate or real property set forth in the appraisal report.
    3. 3. On forms approved by the Board, the Trainee must maintain a separate appraisal assignment log for each supervisor.
    4. 4. The Trainee must keep copies of all appraisal reports in accordance with USPAP. All reports must be available for review by the Board. Logs will be provided for the Board's review at the time of application for a higher licensure classification.

    No experience is required before application for licensure as a Trainee Real Property Appraiser. After June 1, 1994, no experience toward the required experience for a higher level classification will be granted to anyone who is not licensed.

33. IV. Supervising Appraiser:

    1. 1. The supervising appraiser must be in good standing with the Board.
    2. 2. The supervising appraiser must personally inspect the property with the Trainee until the Trainee is competent to make unsupervised inspections, in accordance with the Competency Provision of the USPAP for the various parts of the appraisal process.
    3. 3. The supervising appraiser must review the Trainee's appraisal reports, and accept responsibility for the appraisal report by signing and certifying the report is in compliance with USPAP. (See attached "Acknowledgement of Responsibilities of Supervising Appraiser".)
    4. 4. The supervising appraiser must verify the Trainee's experience by reviewing and signing each page of the Trainee's assignment log of appraisals.

    5. 5. If property was appraised in Alabama, the supervising appraiser must be licensed by the state of Alabama in accordance with  §34-27A-3A.

       Application for Appraiser License.

       Form al1932

       

       Acknowledgment of Responsibilities of Supervising Appraiser

       If a supervisory appraiser signs the appraisal report(s) of a trainee, he or she certifies and agrees that "I directly supervised the trainee appraiser who prepared the appraisal report(s), have reviewed the appraisal report(s), agree with the statements and conclusions of the trainee appraiser, agree to be bound by the appraiser's certification and the Uniform Standards of Professional Appraisal Practice, and am taking full responsibility for the appraisal(s) and the appraisal report(s)."

       I acknowledge that I have performed the responsibilities of supervising appraiser for the appraisals on the assignment log of ___________________________ (Trainee).

       Signed: ______________________________

       Classification No. _____________________

       Date: ________________________________

       (Separate log for each supervising appraiser is required)

       STATE OF ALABAMA
       REAL ESTATE APPRAISERS BOARD
       UNIFORM REQUEST FOR PRELICENSE AND CONTINUING EDUCATION CREDIT

       This form was developed for your convenience in requesting education credit from the Alabama Real Estate Appraisers Board. IT DOES NOT IMPLY AUTOMATIC ACCEPTANCE BY AN ORGANIZATION OF AN EDUCATIONAL PROGRAM. EACH ORGANIZATION RETAINS ITS OWN RECERTIFICATION REQUIREMENTS AND PROCEDURES FOR APPROVING CREDIT. A copy of the program brochure or outline may be required.

    6. 1. This form must be completed in its entirety
    7. 2. PLEASE TYPE OR PRINT LEGIBLY.
    8. 3. Keep a copy of this form for your files.

    9. 4. Submit with application for license/certification or with bi-annual license renewal fee and application to:

       Alabama Real Estate Appraisers Board

       660 Adams Avenue, Suite 360

       Montgomery, AL 36104

       _____________________________________ ______________________________________

       Name Social Security Number

       _____________________________________ ______________________________________

       Mailing Address Certificate/License Number

       _____________________________________ ______________________________________

       City/State/Zip Telephone Number

       _______________________________________________________

       Program Title

       _____________________________________ ______________________________________

       Program Date No. of Instructional Hrs. (Min. 2 Hr.)

       _______________________________________________________

       Sponsoring Organization

       _____________________________________ ______________________________________

       Program Location Instructor

       Description of Activity and Content (You may attach a brochure): _____________________________

       _______________________________________________________

       _______________________________________________________

       _______________________________________________________

       EVIDENCE OF COMPLETION (SIGNATURE OF INSTRUCTOR/PROGRAM OFFICER)

       _____________________________________ ______________________________________

       Signature of License Date

       ______-______-______

       Social Security Number (This form may be duplicated) See Reverse side

       ALABAMA REAL ESTATE APPRAISERS BOARD
       APPRAISERS COURSE/SEMINAR EVALUATION FORM

       COURSE________________________________ DATE_______________________________________

       LOCATION__________________________________________

       INSTRUCTIONS: The Appraisers Board is vitally interested in increasing the knowledge and skills of real estate appraisers. To ensure that courses offered are responsive to your needs, it is necessary to evaluate the course, instructors, and the facilities. you can help by completing this evaluation form. This course should be rated by comparison with similar courses you have taken. Please be as objective as possible.

       Please refer to the following scale and circle only one number for each question.

       10-Excellent: 9-Above Average: 8-Average: 7-Below Average: 6-Minimal:

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       10 9 8 7 6 Class lecture organization and integration 10 9 8 7 6 Allocation of time

       10 9 8 7 6 Course outline and handouts 10 9 8 7 6 Textbooks

       10 9 8 7 6 Case studies and homework problems 10 9 8 7 6 Overall rating of Course

       Would you recommend this course to another person in the real estate appraisal field? ______

       Would you return to this facility for future courses? ______

       Years of Appraisal Experience ________

       Distance from your home to this course ________ (Approximate one-way mileage)

       LIST PREVIOUS APPRAISAL COURSES TAKEN & LOCATION

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       TYPE OF BUSINESS AFFILIATION

       ___ Brokerage & Sales ___ Fee Appraisals ___ Savings & Loans

       ___ Insurance Company ___ Property Management ___ Government

       ___ Investment ___ Other (please specify) ______________________

       PLEASE GIVE RECOMMENDATIONS FOR IMPROVING THIS COURSE.

       INSTRUCTOR EVALUATION FORM

       Instructor(s):________________________________________

       Circle the appropriate number (1,2,3,4,5) denoting your answer to each of the following items. (1) indicates poor. (5) indicates excellent. Do not include guest lecturers in this evaluation.

       Poor Excellent

    10. 1. Knowledge of instructor(s) in subject matter 1 2 3 4 5
    11. 2. Instructor's ability to communicate and explain course 1 2 3 4 5 material
    12. 3. Instructor's ability to make subject matter interesting 1 2 3 4 5
    13. 4. Encouragement of students to take an active part in class 1 2 3 4 5
    14. 5. Adequate facility (sufficient seating, lighting) 1 2 3 4 5
    15. 6. Conducted class for full class hours each session 1 2 3 4 5

    16. 7. If videotapes were used, instructor helped explain 1 2 3 4 5 material and was present during class to answer questions

        What could the instructor(s) have done to improve the quality of the course? _____________________

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        Comments: ____________________________________________

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        * * *Important: This form must be completed in full to receive credit for the course hours shown on the front.