PURPOSE: This rule informs applicants of the requirements, procedures and qualifications necessary for obtaining a certificate or license.

1. (1) The commission shall pass upon the granting of all certificates and licenses with due regard to the paramount interest of the public as to the honesty, integrity, fair dealing and competency of applicants.
2. (2) All applications for certification, licensure, renewal and examination shall be made on forms provided by the commission and completed and signed by the applicant, with the signature acknowledged before a notary public. All applications shall include the appropriate fees. The commission will not consider an application which is incomplete or with which the correct fees have not been submitted.
3. (3) The commission may require each applicant for a certificate or license to furnish, at his/her expense, any information deemed necessary by the commission to determine the applicant’s qualifications for a certificate or license.
4. (4) The commission reserves the right, at its discretion, to hold, for a reasonable length of time for investigation, the application of any applicant who has not been previously certified or licensed, before issuing a certificate or license to that applicant.

5. (5) As a prerequisite for certification as a state-certified general real estate appraiser, an applicant shall present satisfactory evidence to the commission that the applicant possesses three thousand (3,000) hours of appraisal experience obtained continuously over a period of not less than thirty (30) months. Hours may be treated as cumulative in order to achieve the necessary three thousand (3,000) hours of appraisal experience, and there are no limitations on the number of hours which may be awarded in any year. The applicant, for experience credit, must have accumulated a total of three thousand (3,000) hours of appraisal experience of which at least fifty percent (50%) (one thousand five hundred (1,500) hours must be in non-residential appraisal work. Resident is defined as one to four (1–4) residential units. The prerequisite for certification as a state certified residential appraiser shall be two thousand five hundred (2,500) hours of appraisal experience obtained continuously over a period of not less than twenty-four (24) months. Hours may be treated as cumulative in order to achieve the necessary two thousand five hundred (2,500) hours of appraisal experience and there is no limitation on the number of hours, which may be awarded in any year. Each applicant for certification shall furnish, under oath, a detailed listing of the real estate appraisal reports or file memoranda for each year for which experience is claimed by the applicant. Upon request, the applicant shall make available to the commission a sample of appraisal reports which the applicant has prepared in the course of the applicant’s appraisal practice. For the purposes of this section, prepared means the participation in any function of the real estate appraisal report. Acceptable appraisal experience as defined by the Appraiser Qualifications Board includes, but is not limited to, the following (this should not be construed as limiting credit to only those individuals who are state-certified or state-licensed):

   1. (A) Fee and staff appraisal;
   2. (B) Ad valorem tax appraisal;
   3. (C) Technical review appraisal;
   4. (D) Appraisal analysis;
   5. (E) Real estate consulting;
   6. (F) Highest and best use analysis;
   7. (G) Feasibility analysis/study; and
   8. (H) Condemnation appraisal.
6. (6) As a prerequisite for licensure as a statelicensed real estate appraiser, an applicant shall present satisfactory evidence to the commission that the applicant possesses the equivalent of two thousand (2000) hours of appraisal experience supported by adequate written reports or file memoranda. Hours may be treated as cumulative in order to achieve the necessary two thousand (2,000) hours of appraisal experience. Each applicant for licensure shall furnish, under oath, a summarized listing of the real estate appraisal reports or file memoranda for each year for which experience is claimed by the applicant. Upon request, the applicant shall make available to the commission a sample of the appraisal reports which the applicant has prepared in the course of the applicant’s appraisal practice. For the purposes of this section, prepared means the participation in any functions of the real estate appraisal report. Acceptable appraisal experience as defined by the Appraiser Qualifications 20 CSR 2245-3

Board includes, but is not limited to, the following (this should not be construed as limiting credit to only those individuals who are state-certified or state-licensed):

1. (A) Fee and staff appraisal;
2. (B) Ad valorem tax appraisal;
3. (C) Technical review appraisal;
4. (D) Appraisal analysis;
5. (E) Real estate consulting;
6. (F) Highest and best use analysis;
7. (G) Feasibility analysis/study; and
8. (H) Condemnation appraisal.

1. (7) Maximum number of hours that shall be awarded for various types of appraisal and other experience is as follows with exceptions noted in subsection (7)(M):

   1. (A) R1=single family, condo., or similar* 10 hrs
   2. (B) R2=2, 3, or 4 unit family dwellings 15 hrs
   3. (C) R3=vacant residential sites (up to 40 acres) 5 hrs
   4. (D) G1=apartments 5—12 units 20 hrs
   5. (E) G2=apartments 13 and more units 35 hrs
   6. (F) G3=vacant land (other than single family)** 10 hrs
   7. (G) G4=industrial 35 hrs
   8. (H) G5=office space 35 hrs
   9. (I) G6=retail space 35 hrs
   10. (J) G7=special use property (provide explanation) 35 hrs
   11. (K) G8=operating or special use agriculture*** 35 hrs
   12. (L) G9=other (provide detailed explanation) *1. Includes homes on acreage, hobby farms, etc. **2. Includes non-crop acreage, commercial land, etc. ***3. If operating, primary income must come from property. Some explanation relating to type of use should be provided.
   13. (M) Additional Hours May be Credited for Appraisals. Experience hours listed in subsection (7)(A) through (L) are considered typical. If an applicant feels more hours should be awarded for an appraisal, s/he must list the hours requested and attach a written justification to the appraisal log. The commission will consider the additional hours based upon the applicant justification statement and may request a photocopy of the appraisal(s) to assist in the decision. Experience credit will be awarded on time spent in the development of the appraisal and preparation of the report. Travel and clerical time will not be considered.
2. (8) Include the signature of the individual responsible for the analysis, opinions and FINANCIAL INSTITUTIONS AND PROFESSIONAL REGISTRATION

conclusions contained in the report. The applicant seeking experience credit shall have signed the report or shall be listed in the report as an individual who provided a significant contribution. An affidavit of significant contribution shall be considered by the commission if it is signed by the appraiser who signed the report or by an official of the organization, government, firm or other entity who was responsible for causing the appraisal to be prepared.

AUTHORITY: sections 339.509, 339.515 and 339.517, RSMo Supp. 1998.* This rule originally filed as 4 CSR 245-3.010. Emergency rule filed Dec. 6, 1990, effective Dec. 16, 1990, expired April 14, 1991. Emergency rule filed April 4, 1991, effective April 14, 1991, expired Aug. 11, 1991. Original rule filed Jan. 3, 1991, effective April 29, 1991. Amended: Filed Aug. 14, 1991, effective Jan. 13, 1992. Amended: Filed July 21, 1992, effective April 8, 1993. Amended: Filed March 14, 1996, effective Sept. 30, 1996. Emergency amendment filed Sept. 1, 1998, effective Sept. 11, 1998, expired March 9, 1999. Amended: Filed Sept. 1. 1998, effective Feb. 28, 1999. Moved to 20 CSR 2245- 3.010, effective Aug. 28, 2006. *Original authority: 339.509, RSMo 1990, amended 1998; 339.515, RSMo 1990, amended 1998; 339.517, RSMo 1990, amended 1990, 1993, 1998.