1. (a) (1) Either five years of appraisal experience as a staff or fee appraiser gained within the past ten years, with substantial experience appraising commercial and industrial properties; and

   1. (2) successful completion of an advanced course in real estate appraising conducted by a junior college; by an accredited four-year college or university, or from an extension program thereof; by a recognized professional appraisal society; or by the Institute of Financial Education or other entity in a course of instruction that has been approved by the commissioner; or
2. (b) designation as a member of a recognized professional appraisal society as an appraiser qualified to appraise all types of real property.

Note: Authority cited: Sections 7500 and 8053, Financial Code. Reference: Section 7500, Financial Code.

History

1. Change without regulatory effect renumbering former Section 122.8 to Section 104.308 (Register 87, No. 14). For prior history, see Register 82, No. 49.

2. Amendment filed 8-23-88; operative 9-22-88 (Register 88, No. 35).