N.H. Admin. Code § Rab 301.02 - Application

(a) The applicant for licensure or certification as a real estate appraiser shall complete and submit the "Universal Application for Initial Licensure" required by Plc 304.01(a)(1).

(b) In addition to the application required by (a) above the applicant for real estate appraiser licensure or certification shall complete and submit the "Real Estate Appraiser Addendum to the Universal Application for Initial Licensure" by providing the following information:

(1) List all names the applicant has ever been known by; and

(2) A completed qualifying education course matrix requiring the following information:

a. Licensed residential appraiser courses:

1. The hours completed, who provided, and the date completed for basic appraisal principles;

2. The hours completed, who provided, and the date completed for basic appraisal procedures;

3. The hours completed, who provided, and the date completed for USPAP;

4. The hours completed, who provided, and the date completed for residential market analysis and highest and best use;

5. The hours completed, who provided, and the date completed for residential appraiser site valuation and cost approach;

6. The hours completed, who provided, and the date completed for residential sales comparison and income approaches; and

7. The hours completed, who provided, and the date completed for residential report writing and case studies;

b. Certified residential appraiser course matrix:

1. The hours completed, who provided, and the date completed for basic appraisal principles;

2. The hours completed, who provided, and the date completed for basic appraisal procedures;

3. The hours completed, who provided, and the date completed for USPAP;

4. The hours completed, who provided, and the date completed for residential market analysis and highest and best use;

5. The hours completed, who provided, and the date completed for residential appraiser site valuation and cost approach;

6. The hours completed, who provided, and the date completed for residential sales comparison and income approaches;

7. The hours completed, who provided, and the date completed for residential report writing and case studies;

8. The hours completed, who provided, and the date completed for statistics, modeling, and finance;

9. The hours completed, who provided, and the date completed for advanced residential applications and case studies; and

10. The hours completed, who provided, and the date completed for appraisal subject matter electives; or

c. Certified general appraiser course matrix:

1. The hours completed, who provided, and the date completed for basic appraisal principles;

2. The hours completed, who provided, and the date completed for basic appraisal procedures;

3. The hours completed, who provided, and the date completed for USPAP;

4. The hours completed, who provided, and the date completed for general appraiser market analysis and highest and best use;

5. The hours completed, who provided, and the date completed for general appraiser site valuation and cost approach;

6. The hours completed, who provided, and the date completed for general appraiser sales comparison approaches;

7. The hours completed, who provided, and the date completed for general appraiser income approach;

8. The hours completed, who provided, and the date completed for general appraiser report writing and case studies;

9. The hours completed, who provided, and the date completed for statistics, modeling, and finance;

10. The hours completed, who provided, and the date completed appraisal subject matter electives.

(c) The applicant for licensure shall attach to the application all written documentation issued by the course provider that a passing grade was achieved on each course listed in (b) above.

(d) The applicant for licensure shall complete and submit the "Experience Log" for residential and commercial appraisals, including the following for each appraisal:

(1) Certificate of license number;

(2) Report type:

a. Apprentice appraiser;

b. Licensed residential;

c. Certified residential; or

d. Certified general;

(3) The signature of the applicant;

(4) The date the form was completed;

(5) File number, or other reference information used by the applicant to retrieve the file in question;

(6) Date of the appraisal;

(7) Address of the property that was the subject of the appraisal;

(8) The report type using the following:

a. For restricted use indicate by placing an "R" in the column; or

b. For appraisal report indicate by placing an "A" in the column;

(9) The type of appraisal performed, from the following list:

a. Residential, single family;

b. Residential, 2 to 4 family;

c. Residential building lot;

d. Undeveloped commercial or industrial land;

e. Single occupant commercial, industrial property, or a combination of the 2;

f. Multiple occupant commercial, industrial, residential property, or any combination of the 3;

g. Other property types, providing a short description of each such type;

h. Feasibility study;

i. Market analysis;

j. Cash flow analysis;

k. Investment analysis;

l. Highest and best use study; or

m. Successfully completed approved "Practical Applications of Real Estate Appraisal" (PAREA) program per the current AQB criteria effective 1/1/2022;

(10) For each appraisal, indicate the number of hours the applicant contributed to the appraisal;

(11) The estimated value stated in the appraisal report;

(12) The client, except in the case of PAREA experience credits where there is not necessarily a client;

(13) The credit hours requested to be granted toward the experience requirement; and

(14) The total number of hours as of the date of the report.

(e) On the "Experience Log" required by (d) above the applicant's supervisor shall:

(1) For each portion of the assignment indicate whether they had:

a. The primary responsibility by placing a "P" for each appraisal assignment;

b. Co-appraised with the applicant by placing a "C" for each appraisal assignment; or

c. Reviewed and approved by placing an "R" for each appraisal assignment; and

(2) Provide the following information:

a. Their name;

b. Their license number;

c. Their signature; and

d. The date they signed the form.

(f) The applicant for licensure shall sign and date the application in accordance with Plc 304.05.

(g) Applicants for licensure shall pay the application fee specified in Plc 1002.44.

(h) In addition to the application required by (a) through (f) above the non-resident applicant shall submit with their application for licensure a signed and dated "Irrevocable Uniform Consent to Service of Process" requiring the following information:

(1) Place the name of the company on the line provided in the following statement:

"The undersigned applicant for registration as an appraisal management company in New Hampshire (Print Name of Company) does hereby irrevocably consent, stipulate and agree that suits, actions and administrative proceedings may be commenced against such applicant in the courts and agencies of this State, by the service of any process authorized by the laws of this State on the Secretary of State and that service of such process upon said Secretary of State shall be taken and held in all courts to be as valid and binding as if the service had been made upon said applicant in the State of New Hampshire."

(2) Name of agent for service of process, firm or individual;

(3) Title;

(4) Mailing address;

(5) Physical address;

(6) Business telephone number; and

(7) Sign and date below the following completed statement:

"I, ______________________________ (Name), an authorized to act as an agent for service of process in the State of New Hampshire on behalf of _________________________ (Name of AMC), an entity organized and existing under the laws of the State of ____________________________ (Current Resident State), for purposes of this application before the New Hampshire Joint Board to obtain an Appraisal Management Company Registration. The complete address within New Hampshire whereby I, on behalf of __________________________________ (Name of AMC), may be served with process by the New Hampshire Office of Professional Licensing & Certification or their designee as follows: _______________________________________________________________"

Notes

N.H. Admin. Code § Rab 301.02

(See Revision Note at chapter heading for Rab 100) #5435, eff 7-15-92; ss by #6787, INTERIM, eff 7-15-98, EXPIRED: 11-12-98

New. #6958, eff 3-23-99, EXPIRED: 3-23-07

New. #8854, INTERIM, eff 3-24-07, EXPIRED: 9-20-07

New. #9018, eff 11-1-07; ss by #10270, eff 2-2-13

Amended by Number 24, Filed June 13, 2024, Proposed by #13967, Effective 7/16/2024, Expires 7/16/2034 (see Revision Note at chapter heading for Rab 300).