N.J. Admin. Code § 13:40A-1.1

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:40A-1.1 - Purpose and scope

(a) The rules in this chapter implement the provisions of the Real Estate Appraisers Act, P.L. 1991, c.68, as amended by P.L. 1997, c. 401, and P.L. 2017, c. 72 (N.J.S.A. 45:14F-1et seq.).

(b) This chapter shall apply to all persons applying for licensure as a licensed real estate appraiser or certification as a certified residential real estate appraiser or as a certified general real estate appraiser, or for registration as an appraisal management company, and to persons licensed, certified, or registered by the Board of Real Estate Appraisers in the State of New Jersey.

(c) All persons applying for licensure or certification will be required to satisfy the education and experience requirements contained in the Real Property Appraiser Qualification Criteria, which are incorporated herein by reference, as amended and supplemented, and available at http://www.appraisalfoundation.org/imis/TAF/Standards/Qualification_Criteria/Qualification_Criteria_RP_/TAF/AQB_RPAQC.aspx?hkey=5ec61b8d-751b-4a97-90b1-9b3dae51beea, prior to taking the AQB-approved National Uniform Licensing and Certification Examination.

N.J. Admin. Code § 13:40A-1.1

Amended by 46 N.J.R. 1747(c), effective 8/4/2014.

Amended by 51 N.J.R. 1124(a), effective 7/1/2019