Ala. Admin. Code r. 780-X-12-.02

Current through Register Vol. 43, No. 1, October 31, 2024

Section 780-X-12-.02 - Continuing Education Requirements

(1) As a prerequisite to renewal of a license for any classification of real property appraiser, a licensed real property appraiser shall on forms prescribed by the Board present evidence satisfactory to the Board of having completed continuing education as follows:

(a) All classes of state licensed real property appraisers seeking renewal of their license shall present evidence to the Board of having completed the equivalent of twenty-eight hours of continuing education every two years. For the renewal cycle beginning on September 1, 2003, at least seven of said hours shall be a Board approved USPAP course taken prior to January 1, 2003 or, if taken between January 1, 2003 and the date of renewal, the National USPAP course or its equivalent as determined by the AQB taught by an instructor certified by the AQB and at least one instructor of the class must be a state certified appraiser. In all renewal cycles thereafter, at least seven of said hours shall be the National USPAP course or its equivalent as determined by the AQB taught by an instructor certified by the AQB and at least one instructor of the class must be a state certified appraiser.

1. A classroom hour is defined as fifty minutes out of each sixty-minute segment.

2. Credit toward the classroom hour requirement may be granted only where the length of the educational offering is at least two hours.

3. Credit for the classroom hour requirement may be obtained from the following:

(i) Colleges or Universities

(ii) Community or Junior Colleges

(iii) Real Estate Appraisal or Real Estate Related Organizations

(iv) State or Federal Agencies or Commissions

(v) Proprietary Schools

(vi) Other providers approved by the Board

4. Credit may be granted for educational offerings which cover real estate related appraisal topics such as those listed below and which are consistent with the purpose of continuing education stated in subparagraph (3) below.

(i) Ad Valorem Taxation

(ii) Arbitrations

(iii) Business courses related to practice of real estate appraisal

(iv) Construction estimating

(v) Ethics and standards of professional practice

(vi) Land use planning, zoning and taxation

(vii) Litigation

(viii) Management, leasing, brokerage, timesharing

(ix) Property development

(x) Real property appraisal (valuations/evaluations)

(xi) Real Estate law

(xii) Real Estate financing and investment

(xiii) Real Estate appraisal related computer applications

(xiv) Real Estate securities and syndication

(xv) Real property exchange

(b)

(1) Reserved

(2) Up to 50 percent of the Continuing education credit may be granted for participation, other than as a student, in appraisal educational processes and programs. Examples of activities for which credit may be granted are teaching, program development, authorship of textbooks, or similar activities which are determined to be equivalent to obtaining continuing education.

(3) The purpose of continuing education is to ensure that the appraiser participates in a program that maintains and increases his or her skill, knowledge and competency in real estate appraising.

Ala. Admin. Code r. 780-X-12-.02

Emergency adoption filed February 15, 1991; effective February 18, 1991. Permanent adoption filed April 8, 1991; effective May 15, 1991. Amended: Filed November 20, 1992; effective December 26, 1992. Amended: Filed April 21, 1994. Emergency adoption: Filed May 5, 1994; effective June 1, 1994. Amended: Filed June 22, 1994; effective July 27, 1994. Amended: Filed February 23, 1998; effective March 30, 1998. Amended: Filed December 4, 2003; effective January 8, 2004. Amended: Filed July 26, 2005; effective August 30, 2005. Amended: Filed July 26, 2010; effective August 30, 2010. Amended: Filed April 12, 2011; effective May 17, 2011. Amended: Filed August 24, 2012; effective September 28, 2012.

Amended by Alabama Administrative Monthly Volume XXXIV, Issue No. 08, May 31, 2016, eff. 7/4/2016.

Amended by Alabama Administrative Monthly Volume XXXVIII, Issue No. 01, October 31, 2019, eff. 12/15/2019.

Amended by Alabama Administrative Monthly Volume XXXVIII, Issue No. 12, September 30, 2020, eff. 11/14/2020.

Author: Alabama Real Estate Appraisers Board

Statutory Authority:Code of Ala. 1975, §§ 34-27A-5, 34-27A-15, 34-27A-19.