2302 PRELICENSURE EDUCATION REQUIREMENTS

2302.1 Prior to applying for licensure, applicants for the Appraiser Trainee classification shall fulfill the requirements of § 2323.

2302.2 Applicants for the Licensed Residential Real Property Appraiser classification shall complete one hundred fifty (150) classroom hours of courses in subjects related to real estate appraisal, including those subjects listed in § 2302.10.

2302.3 Applicants for the Certified Residential Real Property Appraiser classification shall complete two hundred (200) classroom hours in subjects related to real estate appraisal, including those courses listed in § 2302.10. The two hundred (200) classroom hours may include the one hundred fifty (150) classroom hour requirement for the Licensed Real Property Appraiser classification. Applicants shall also have at least a two (2)-year associate's degree or have completed twenty-one (21) hours of college course work. The twenty-one (21) hours of college course work shall have been earned from an accredited college, junior college, community college, or university in the following subjects:

(a) English composition;

(b) Principles of economics (micro or macro);

(c) Finance;

(d) Algebra, geometry, or higher mathematics;

(e) Statistics;

(f) Computer science; and

(g) Business or real estate law.

2302.4 Applicants for the Certified General Real Property Appraiser classification shall complete three hundred (300) classroom hours of courses in subjects related to real estate appraisal, including those courses listed in § 2302.10. The three hundred (300) hours may include the one hundred fifty (150) classroom hours required for the Licensed Residential Appraiser classification or the two hundred (200) classroom hours required for the Certified Residential Real Property Appraiser Classification. Applicants shall also possess at least a bachelor's degree or have completed thirty (30) hours of college course work earned from an accredited college, junior college, community college, or university in the following subjects:

(a) English composition;

(b) Microeconomics;

(c) Macroeconomics;

(d) Finance;

(e) Algebra, geometry, or higher mathematics;

(f) Statistics;

(g) Computer science;

(h) Business or real estate law; and

(i) Two (2) elective courses in accounting, geography, ag-economics, business management, or real estate.

2302.5 The Board shall not grant credit toward the prelicensure classroom hour requirement unless the length of a class is at least fifteen (15) hours and the individual passes an examination pertinent to that class.

2302.6 Prelicensure course coverage on the USPAP for all license classifications shall include the greater of fifteen (15) hours or the minimum hours required by the AQB.

2302.7 Prelicensure education credit for the Uniform Standards of Professional Appraisal Practice (USPAP) course shall only be awarded to licensees completing a USPAP course taught by an Appraisal Qualifications Board (AQB)-certified instructor who is also a certified appraiser.

2302.8 The applicant shall list all qualifying courses, seminars, workshops, or conferences on the Board's official form. The applicant shall sign the form and have the form notarized by a notary public. The applicant shall attach proof of completion of the required courses to the application, which shall consist of course certificates signed by the course providers or an official transcript in an envelope sealed by the school.

2302.9 An applicant shall not use courses that he or she has taught to satisfy the prelicensure or precertification educational requirements.

2302.10 The required prelicensure core curriculum for each license classification shall meet or exceed the requirements that the AQP establishes. Course content shall substantially comply with the AQB's guidelines for curriculum content as indicated in the AQB required core curriculum, "

AQB Guide Note 1 (GN-1).” The prelicensure core curriculum for each license classification shall be as follows:

(a) Appraisal Trainee (total – seventy-five (75) hours):

(1) Basic appraisal principles – thirty (30) hours;

(2) Basic appraisal procedures – thirty (30) hours; and

(3) The fifteen (15)-hour national USPAP course or its equivalent;

(b) Licensed Residential Real Property Appraiser classification shall include coverage of the following topics (total – one hundred fifty (150) hours):

(1) Basic appraisal principles – thirty (30) hours;

(2) Basic appraisal procedures – thirty (30) hours;

(3) The fifteen (15)-hour national USPAP course or its equivalent – fifteen (15) hours;

(4) Residential market analysis and highest and best use – fifteen (15) hours;

(5) Residential appraiser site valuation and cost approach – fifteen (15) hours;

(6) Residential sales comparison and income approaches – thirty (30) hours; and

(7) Residential report writing and case studies – fifteen (15) hours;

(c) Certified Residential Real Property Appraiser (total – two hundred (200) hours):

(1) Basic appraisal principles – thirty (30) hours;

(2) Basic appraisal procedures – thirty (30) hours;

(3) The fifteen (15)-hour national USPAP course or its equivalent – fifteen (15) hours;

(4) Residential market analysis and highest and best use –

fifteen (15) hours;

(5) Residential appraiser site valuation and cost approach – fifteen (15) hours;

(6) Residential sales comparison and income approaches – thirty (30) hours;

(7) Residential report writing and case studies – fifteen (15) hours;

(8) Statistics, modeling, and finance – fifteen (15) hours;

(9) Advanced residential applications and case studies – fifteen (15) hours; and

(10) Appraisal subject matter electives – twenty (20) hours (may include hours over minimum shown above in other modules); and

(d) Certified General Real Property Appraiser (total – three hundred (300) hours):

(1) Basic appraisal principles – thirty (30) hours;

(2) Basic appraisal procedures – thirty (30) hours;

(3) The fifteen (15)-hour national USPAP course or its equivalent – fifteen (15) hours;

(4) General appraiser market analysis and highest and best use – thirty (30) hours;

(5) Statistics, modeling, and finance – fifteen (15) hours;

(6) General appraiser sales comparison approach – thirty (30) hours;

(7) General appraiser site valuation and cost approach – thirty (30) hours;

(8) General appraiser income approach – sixty (60) hours;

(9) General appraiser report writing and case studies – thirty (30) hours; and

(10) Appraisal subject matter electives – thirty (30) hours (may include hours over minimum shown above in other modules).

2302.11 The following factors shall be used to convert university, college, junior college, and community college course credits into classroom hours:

(a) Semester credits x fifteen (15) = classroom hours; and

(b) Quarter credits x ten (10) = classroom hours.

2302.12 Curriculum content for each course listed in § 2302.10 shall comply with the applicable portions of the “Required Core Curriculum Content Guide Note” published by the Appraisal Foundation and the AQB as part of the Real Property Appraiser Qualification Criteria. The Board may add additional requirements to the curriculum of any license classification if the Board’s additions substantially comply with AQB criteria. Additions to the curriculum content shall be effective only after the Department publishes a Notice of Final Rulemaking in the D.C. Register.

2302.13 The education and experience requirements for all classes of licensure shall meet or exceed the standards established by the AQB.

2302.14 If the AQP amends the education or experience requirements for any license classification, and the amendments increase the education or experience requirements beyond the requirements established by the Board in this chapter, then the corresponding requirements established by the Board shall be deemed amended to reflect the AQB’s requirements. The Board shall amend this chapter as soon as practicable to reflect any changes that the AQP makes to the education and experience requirements.

2302.15 Amendments to the prelicensing education, and experience requirements shall not affect the status of licensees possessing current active licenses unless the AQP otherwise requires.

SOURCE: Final Rulemaking published at 40 DCR 8480 (December 10, 1993); as amended by Final Rulemaking published at 53 DCR 5846 (July 21, 2006); as amended by Final Rulemaking published at 55 DCR 9991 (September 26, 2008); as amended by Notice of Final Rulemaking published at 58 DCR 10590, 10591 (December 16, 2011).