N.H. Code Admin. R. Rab 302.02 - General Criteria for Experience

Current through Register Vol. 42, No. 14, April 7, 2022

(a) Experience shall consist of verifiable time spent in performing tasks in accordance with:

(1) "The Real Property Appraiser Qualification Criteria and Interpretations of the Criteria", adopted January 1, 2008 as published on January 1, 2012. This shall include the appendix containing the appraiser qualifications criteria adopted in December 2011, which appraisers shall comply with on and after January 1, 2015. This document shall be available as noted in Appendix A.; and

(2) The requirements of the then-current "Uniform Standards of Professional Appraisal Practice" (USPAP) adopted by the ASB, as required by RSA 310-B:18-a.

(b) Acceptable appraising experience shall include appraisal, appraisal review and appraisal consulting that:

(1) Was obtained after January 30, 1989;

(2) Conforms to Standards 1, 2, 3, 4 and/or 5, of USPAP; and

(3) Demonstrates proficiency in appraisal principles, methodology, procedures, and reporting conclusions.

(c) Appraisal experience may include, but shall not be limited to, the following types of appraisal activities:

(1) Real property appraisals;

(2) Real property appraisal review; and

(3) Appraisal consulting assignments as defined by USPAP.

Notes

N.H. Code Admin. R. Rab 302.02

(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