30 Miss. Code. R. 1501-2.3

Current through December 10, 2024
Rule 30-1501-2.3 - Certified Residential Real Estate Appraiser Experience Hours for Licensing

An applicant for a State Certified Residential real estate appraiser credential must provide satisfactory evidence to the Board that the applicant has completed the minimum number of hours of appraisal experience over the minimum period of time as established by the AQB. The experience credits for the State Certified Residential real estate appraiser residential shall be awarded as follows:

1. Credits (hours) referred to as residential experience shall be derived from appraisals of one-to-four family residential properties.
2. a complex, residential appraisal shall be limited to no more than 24 hours of credit;
3. a complex, residential field review shall be limited to no more than 8 hours of credit;
4. a complex, residential desk review shall be limited to no more than 4 hours of credit;
5. a non-complex, residential appraisal shall be limited to no more than 12 hours of credit;
6. a non-complex, residential field review shall be limited to no more than 4 hours of credit;
7. a non-complex, residential desk review shall be limited to no more than 2 hours of credit.

30 Miss. Code. R. 1501-2.3

Miss. Code Ann. §§ 73-34-9(1)(i), 73-34-9(2)(f), 73-34-21
Amended 10/28/2015
Amended 1/10/2020