CORONAVIRUS UPDATE:

The Appraiser Qualifications Board and the Appraisal Subcommittee are working together to offer relief wherever possible during this unprecedented national emergency. On March 18, 2020, the AQB released recommendations to the ASC regarding appraiser continuing education. Click here to read this letter. On May 15, 2020, the AQB sent an additional letter to the ASC asking for flexibility for appraisers whose qualifying exams have been disrupted by the ongoing pandemic. Click here to read this letter. On June 19, 2020, the AQB sent an additional letter to the ASC asking for flexibility for continuing education opportunities offered during the pandemic. Click here to read this letter.

Real Property Appraiser Qualification Criteria

Under the provisions of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), the Appraiser Qualifications Board (AQB) establishes the minimum education, experience, and examination requirements for real property appraisers to obtain a state license or certification.

State appraiser regulatory agencies are required to implement real property appraiser licensing and certification requirements that are no less stringent than those issued by the AQB in the Real Property Appraiser Qualification Criteria (Criteria).

On February 1, 2018, the AQB adopted changes to the Real Property Appraiser Qualification Criteria that went into effect on May 1, 2018. Individual states may choose to implement on or after May 1, 2018 (but may opt to keep the current Criteria in place). It is important for individuals to check with their state regulatory agencies to determine what the requirements are in their state. 

Important Note: On May 15, 2020, the AQB adopted changes to the Real Property Appraiser Qualification Criteria that goes into effect on January 1, 2021. Click here to read the changes.

Helpful Resources

Real Property Appraiser Qualification Criteria (effective Jan 1, 2020)
Summary of Changes to the Real Property Appraiser Qualification Criteria (effective May 1, 2018) 
Student Tracking Form
Real Property Appraiser Qualification Criteria Q&As 
National Uniform Licensing and Certification Examination