30 Miss. Code. R. 1501-1.1

Current through December 10, 2024
Rule 30-1501-1.1 - Educational Requirements for Appraiser Trainee, Licensed Real Estate Appraiser, Certified Residential Real Estate Appraiser and Certified General Real Estate Appraiser

Each applicant for an Appraiser Trainee credential shall have completed the required number of classroom hours of courses in subjects related to real estate appraisal as established by the AQB.

Each applicant for a credential as a State Licensed real estate appraiser, a State Certified Residential real estate appraiser or a State Certified General real estate appraiser shall have successfully completed the required number of classroom hours of appraisal courses as established by the AQB.

1. Class hours will be credited only for educational offerings with content that follows and complies with the specific required core curriculum as established by the AQB. The course content requirements may be general or specific to the property types.
2. Class hours may be obtained only where the minimum length of the Qualifying Education offering is at least 15 hours and the individual course participant successfully completes an approved, proctored closed-book examination which is pertinent to that educational offering.
3. Where the Qualifying Education course includes multiple topics identified within the current Appraisal Qualification Board (AQB) Required Core Curriculum, there must be appropriate testing for each of the components.

Courses which are taken to satisfy the Qualifying Education requirements must not be repetitive. The Uniform Standards of Professional Appraisal Practice (USPAP) courses which are completed in different years (licensing periods) are not considered to be repetitive. All courses should be designed to foster problem-solving skills in the education process by utilizing case studies as a major teaching method, when applicable.

4. All applicants for a credential must complete the 15-Hour National USPAP Course, or its equivalent, and must pass the accompanying examination. At least one of the course instructors must be an AQB Certified USPAP Instructor who is also an active State Certified Appraiser and is in good standing with all Appraiser Licensing Boards where any appraisal credential is held. Equivalency shall be determined through the AQB Course Approval Program (CAP) or by an alternate method established by the AQB. The USPAP education presented in a distance education format must be designed to foster appropriate student-to-student, student-to-instructor and student-to-material interaction.
5. Distance Education courses:
(a) Any education process based on the geographical separation of student and instructor.
(b) Course(s) must provide for an interaction where the student is guaranteed verbal or written communication with the instructor.
(c) Content approval is to be obtained from the AQB, a state licensing jurisdiction, or an accredited college, community college, or university that offers distance education programs and is approved or accredited by the Commission on Colleges, a regional or national accreditation association, or by an accrediting agency that is recognized by the United States Secretary of Education. Non-academic credit from college or community college courses shall be approved by either the AQB or the state licensing jurisdiction.
(d) Course delivery mechanism approval is to be obtained from one of the following sources:
i. The AQB approved organizations providing approval of course design and delivery; or
ii. A college that qualifies for content approval as indicated in paragraph (c) above and that awards academic credit for the distance education course; or
iii. A college that qualifies for content approval with a distance education delivery program that approves the course design and a delivery that incorporates interactivity.
6. A class hour is defined as 60-minutes, of which at least 50 minutes are instructional and are attended by the student. The prescribed number of class hours includes time for examinations.
7. Experience may not be substituted for education.
8. Credit for the class hour requirements may be obtained only from the following providers and only after being approved by the Mississippi Appraisal Board (Board):
(a) Colleges or universities
(b) Community or junior colleges
(c) Real estate appraisal or real estate related organizations
(d) State or federal agencies or commissions
(e) Proprietary schools
(f) The Appraisal Foundation or any of its affiliated boards
(g) Providers approved by state certification and licensing agencies

30 Miss. Code. R. 1501-1.1

Miss. Code Ann. §§ 73-34-9(1)(i), 73-34-9(2)(f), 73-34-33
Amended 10/28/2015
Amended 1/10/2020