Iowa Admin. Code r. 193F-11.4 - [Effective until 5/22/2024] Minimum program qualifications
(1) Continuing education programs, as a
condition of board approval, must provide a formal program of learning that
contributes to the growth in the professional knowledge and professional
competence of real estate appraisers.
(2) Continuing education programs dealing
with the following subject areas that are integrally related to appraisal
topics and that will generally be acceptable include, but are not limited to:
a. Ad valorem taxation;
b. Agriculture production and
economics;
c.
Agronomy/soil;
d. Approaches to
value;
e. Arbitrations, dispute
resolution;
f. Courses related to
the practice of real estate appraisal or consulting;
g. Construction cost or development cost
estimating;
h. Ethics and standards
of professional practice, USPAP;
i.
Land use planning or zoning;
j.
Management, leasing, time sharing;
k. Property development, partial
interests;
l. Real estate appraisal
law and rules;
m. Real estate
appraisal (valuations/evaluations);
n. Real estate law, easements, and legal
interests;
o. Real estate
litigation, damages, condemnation;
p. Real estate financing and
investment;
q. Real estate
appraisal-related computer applications;
r. Real estate securities and
syndication;
s. Developing opinions
of real property value in appraisals that also include personal property or
business value, or both;
t. Seller
concessions and impact on value;
u.
Energy efficient items and "green building" appraisals; and
v. Real estate appraisal technology (e.g.,
drones).
(3) The
following programs will not be acceptable:
a.
Sales promotion meetings held in conjunction with the appraiser's general
business;
b. Time devoted to
breakfast, lunch or dinner;
c. A
program certified by the use of a challenge examination. The required number of
hours must be completed to receive credit hours;
d. Programs that do not provide at least two
credit hours.
(4)
Continuing education credit will be granted only for whole hours, with a
minimum of 50 minutes constituting one hour. For example, 150 minutes of
continuous instruction would count as three credit hours; however, more than
100 minutes but less than 150 minutes of continuous instruction would only
count as two hours.
(5) Continuing
education credit may be approved for university or college courses, when an
official transcript is provided, in qualifying topics according to the
following formula: Each semester hour of credit shall equal 15 credit hours and
each quarter hour of credit shall equal 10 credit hours.
Notes
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