Ill. Admin. Code tit. 68, § 1455.400 - Curriculum for Continuing Education Courses; Continuing Education Credit for Participation Other Than as a Student
a) Continuing education courses for a State
Certified General Real Estate Appraiser, State Certified Residential Real
Estate Appraiser, or Associate Real Estate Trainee Appraiser shall include the
7 hour National USPAP Update Course or its equivalent as determined by the AQB
or an alternate method established by the AQB taught by an AQB certified
instructor who holds a current appraiser certification by a state during the
pre-renewal period prior to renewal or conversion of a license; shall increase
his or her skill, knowledge and competency in real estate appraisal; and shall
cover other real estate related appraisal topics, such as, but not limited to:
1) Ad valorem taxation;
2) Arbitration;
3) Courses related to practice of real estate
appraisal;
4) Development cost
estimating;
5) Dispute
resolution;
6) Ethics and standards
of professional practice;
7) Land
use planning, zoning;
8)
Management, leasing, timesharing;
9) Property development partial
interests;
10) Real estate
appraisal;
11) Real estate law,
easements, legal interests;
12)
Real estate litigation, damages, condemnation;
13) Real estate financing and
investment;
14) Real estate
appraisal related computer applications; and
15) Real estate securities and
syndication.
b) Up to
one-half of an individual's continuing education requirement may also be
granted by the Division for participation, other than as a student, in
appraisal educational processes and programs. Examples of activities for which
credit may be granted are teaching, program development, authorship of
textbooks, or similar activities that are determined by the Division to be
equivalent to obtaining continuing education . AQB Certified USPAP Instructors,
who have taught the 7-hour National USPAP Update Course or its equivalent, as
qualifying education or continuing education, within the current renewal cycle,
are exempt from taking the 7-hour National USPAP Update Course as a student. A
real estate appraiser who wishes to obtain continuing education credit for
these activities shall submit to the Division:
1) An application to request continuing
education credit for participation other than as a student signed by the
applicant and on which all questions are answered; and
2) The fee provided by Section
1455.320.
Notes
Amended at 37 Ill. Reg. 2668, effective April 1, 2013
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