D.C. Mun. Regs. tit. 17, r. 17-2304

Current through Register Vol. 71, No. 49, December 6, 2024
Rule 17-2304 - PRELICENSURE EXPERIENCE REQUIREMENTS
2304.1

There is no experience requirement for the Appraisal Trainee classification.

2304.2

Applicants for the Licensed Real Property Appraiser classification shall have one thousand (1000) hours of appraisal experience obtained in no fewer than six (6) months of appraisal work.

2304.3

Applicants for the Certified Residential Real Property Appraiser classification shall have fifteen hundred (1500) hours of appraisal experience obtained in no fewer than twelve (12) months of appraisal work.

2304.4

Applicants for the Certified General Real Property Appraiser classification shall have three thousand (3000) hours of appraisal experience obtained in no fewer than eighteen (18) months of appraisal work.

2304.5

The Board may treat an applicant's hours of appraisal experience as cumulative when applied by the applicant toward achieving the necessary hours of appraisal experience for each classification.

2304.6

For the Certified General Real Property Appraiser classification, fifty percent (50%) or one thousand five hundred (1,500) hours of the required three thousand (3,000) hours experience shall be in appraising non-residential real property.

2304.7

Experience shall be supported by adequate written appraisal reports or file memoranda that shall be made available to the Board upon request.

2304.8

The property address for each appraisal assignment shall be identified in the experience log.

2304.9

An hour of experience means verifiable time spent actively engaging in tasks that are in accordance with acceptable appraisal practice. Qualifying tasks may include activities such as data gathering, property inspection, analysis, report writing, or any other activity approved by the Appraisal Qualifications Board. Minimum standards for reports are those standards that are prescribed in Standard 2 of the Uniform Standards of Professional Appraisal Practice in the edition in effect at the time of the reports' preparation.

2304.10

Except as provided in this section, acceptable appraisal practice for experience credit includes appraisal, review appraisals, real estate appraisal consulting, and mass appraisal activities that comply with USPAP and conforms to USPAP Standards 1, 2, 3, 4, 5, or 6, where the appraiser demonstrates proficiency in appraisal principles, methodology, procedures, and reporting conclusions.

2304.11

Appraisal experience shall be verifiable and shall be reported to the Board on a form provided by the Board. A completed form shall include the following information;

(a) Type of property;
(b) Date of value;
(c) Address of appraised property;
(d) Description of work performed by the trainee/applicant and the scope of the review and supervision by the supervising appraiser;
(e) Number of actual work hours by the trainee/applicant on the assignment;
(f) The signature and state certification number of the supervising appraiser if applicable.
2304.12

The following experience credit shall be given for work performed in accordance with the Uniform Standards of Professional Appraisal Practice:

(a) Seventy-five percent (75%) credit for review appraisals performed under Standard 3 and 4 of the Uniform Standards of Professional Appraisal Practice;
(b) One hundred percent (100%) credit for a whole real estate or real property appraisal if the appraiser did one hundred percent (100%) of the appraisal;
(c) Ten percent (10%) credit for desk reviews where the review appraiser signs the appraisal;
(d) One hundred percent (100%) credit for residential form appraisals and commercial form appraisals; and
(e) One hundred percent (100%) credit for narrative appraisals.
2304.13

Separate appraisal logs shall be maintained for each supervising appraiser if applicable.

2304.14

There is no maximum time limit during which experience may be obtained.

2304.15

Effective January 1, 2008, work experience must be USPAP compliant and have been earned on or after January 30, 1989.

2304.16

Applicants may demonstrate completion of the appraisal experience requirements of this section by obtaining a valid certificate of completion from a Practical Applications of Real Estate Appraisal ("PAREA") program approved by the Appraisal Qualifications Board ("AQB"), subject to the limits set forth in § 2304.18.

2304.17

Applicants who receive a valid certificate of completion from an AQB-approved PAREA program shall be deemed to have obtained the number of hours of appraisal experience approved by AQB for the program.

2304.18

The number of hours of prelicensure appraisal experience obtained through a PAREA program by an applicant that may be credited toward the prelicensure appraisal experience requirements set forth in this section shall be limited as follows:

(a) For an applicant for the Licensed Real Property Appraiser classification, all of the one thousand (1000) hours of appraisal experience required by § 2304.2 may be obtained through a PAREA program;
(b) For an applicant for the Certified Residential Real Property Appraiser classification, all of the fifteen hundred (1500) hours of appraisal experience required by § 2304.3 may be obtained through a PAREA program; and
(c) For an applicant for the Certified General Real Property Appraiser classification, up to fifteen hundred (1500) hours of the three thousand (3000) hours of appraisal experience required by § 2304.4 may be obtained through a PAREA program.

D.C. Mun. Regs. tit. 17, r. 17-2304

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); amended by Final Rulemaking published at 69 DCR 9501 (7/29/2022); amended by Final Rulemaking published at 71 DCR1525 (2/9/2024)