REQUIREMENTS FOR ALL APPRAISERS

Continuing Education Requirement

Every appraiser is required to complete 30 hours of approved continuing education, including the 7-Hour National USPAP Update Course, during every two-year license period.

You must complete your continuing education and renew your license on or before August 31st of the year in which your license expires.

Not sure when your license expires? The expiration date is printed on the license itself. It can also be found by using the MN Department of Commerce License Lookup Directory: http://www.commerce.state.mn.us/LicenseLookupMain.html.

First-Time Renewals

Those appraisers renewing their license for the first time in Minnesota must complete 15 classroom hours of approved continuing education courses (including the 7-Hour National USPAP Update Course) during the initial license period, and 30 hours during every two-year license period thereafter.

Uniform Standards of Professional Appraisal Practice (USPAP) Update Requirement

As part of the continuing education requirements, all appraisers (including those renewing for the first time) must receive at least seven hours of training each license period in courses on standards of professional appraisal practice to fulfill the USPAP update requirement.

License and Certification Upgrades

• In order to be a Licensed Residential Real Property Appraiser, you must:
  (1) complete 150 hours of approved licensing courses:
  Trainee Appraiser Series (75 hours) plus
  Licensed Residential Appraiser Series (75 hours)
  (2) obtain 2,000 hours of appraisal experience in no less than 12 months
  
  
• In order to be a Certified Residential Real Property Appraiser, you must:
  (1) complete 200 hours of approved licensing courses:
  Trainee Appraiser Series (75 hours) plus
  Licensed Residential Appraiser Series (75 hours) plus
  Certified Residential Series (50 hours)
  (2) obtain 2,500 hours of residential appraisal experience in no less than 24 months
  (3) have a two year college degree (associate degree or higher) or obtain 21 semester hours at an accredited college covering the following specific subject matter courses: English Composition; Principles of Economics (Micro or Macro); Finance; Algebra, Geometry or higher mathematics; Statistics; Introduction to Computers-Word Processing/Spreadsheets; and Business Law or Real Estate Law.
  
  
• In order to be a Certified General Real Property Appraiser, you must:
  (1) complete 300 hours of approved licensing courses: Trainee Appraiser Series plus
  Certified General Series (225 hours in specific certified general appraiser courses)
  (2) complete 3,000 hours of appraisal experience (at least 50% must non-residential/commercial experience) in no less than 30 months
  (3) have a four year college degree (bachelor degree or higher) or obtain 30 semester hours at an accredited college covering the following specific subject matter courses: English Composition; Micro Economics; Macro Economics; Finance; Algebra, Geometry or higher mathematics; Statistics; Introduction to Computers-Word Processing/Spreadsheets; and Business Law or Real Estate Law; and two (2) elective course in accounting; geography; agri-economics; business management; or real estate.
  
  
• Check our course schedule for upgrade courses. If upgrading does not apply to you, simply select the topics, dates, and locations of courses that best suit your needs and interests.

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Schedules updated: 5/24/2013 at 6:09 PM