Ala. Admin. Code r. 780-X-6-.03 - Qualifying Experience - Licensed Real Property Appraiser
As of the date the application is filed with the Board, a minimum of 1,000 hours appraisal experience is necessary for approval of a Licensed Real Property Appraiser license. Experience shall be recorded on the log contained in the application. The log must contain all appraisals the applicant has signed or is entitled to claim for experience credit, beginning with the most recent appraisals (up to and including the date the application is filed with the Board) and going back, up to 5 years, until the required number of experience hours is documented. Evaluation assignment reports shall not be included on the log of appraisal report assignments. Applicants may claim the full experience credit allowed for an appraisal, regardless of the number of signing appraisers. In evaluating experience offered as qualifying experience under Code of Ala. 1975, § 34-27A-11, the Board will look for the following minimum experience:
1. |
one-unit dwelling (including a site) |
10 hours |
2. |
two to four-unit dwelling |
20 hours |
3. |
residential lot (1-4 family) |
5 hours |
4. |
residential subdivision sites (NOT TO EXCEED FIVE POINTS) |
5 hours per lot |
5. |
farm or timber acreage suitable for a house site less than 10 acres |
10 hours |
10-100 acres |
20 hours |
|
over 100 acres |
30 hours |
|
6. |
all other unusual structures, acreages, which are much larger or more complex than typical properties described herein items 1 to 4 and 6. |
submitted to committee for determination 1/2 to 5 points or 5 to 50 hours |
7. |
review appraisals shall be worth 20% of the hours awarded to the appraisal. |
|
8. |
restricted appraisal reports shall not exceed 25% of required experience hours. |
|
9. |
Rural residence - one-unit primary dwelling, 10 acres or less |
10 hours |
10. |
Ranchette - Part time rural use 10 to 25 acres with main dwelling and outbuildings such as additional residence, barns or other outbuildings |
30 hours |
Hours for non-residential appraisals shall also be awarded pursuant to section 780-X-6.05 below.
Notes
Author: Alabama Real Estate Appraisers Board
Statutory Authority: Code of Ala. 1975, § 34-27A-11.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.