| (a) An applicant for a certified general real estate
appraiser license must provide evidence satisfactory to the Board
that the applicant possesses the equivalent of 3,000 hours of real
estate appraisal experience over a minimum of 30 months. At least
1,500 hours of experience must be in non-residential real estate appraisal
work. Hours may be treated as cumulative in order to achieve the necessary
hours of appraisal experience.
(b) An applicant for a certified residential real estate
appraiser license must provide evidence satisfactory to the Board
that the applicant possesses the equivalent of 2,500 hours of real
estate appraisal experience over a minimum of 24 months. Hours may
be treated as cumulative in order to achieve the necessary hours of
appraisal experience.
(c) An applicant for a state real estate appraiser
license must provide evidence satisfactory to the Board that the applicant
possesses at least 2,000 hours of real estate appraisal experience
over a minimum of twelve months.
(d) Experience by endorsement: An applicant who is
currently licensed and in good standing in a state that has not been
disapproved by the ASC is deemed to satisfy the experience requirements
for the same level of license in Texas. The applicant must provide
appropriate documentation as required by the Board.
(e) The Board awards experience credit in accordance
with current criteria established by the AQB and in accordance with
the provisions of the Act specifically relating to experience requirements.
An hour of experience means 60 minutes expended in one or more of
the acceptable appraisal experience areas. Calculation of the hours
of experience is based solely on actual hours of experience. Any one
or any combination of the following categories may be acceptable for
satisfying the applicable experience requirement. Experience credit
may be awarded for:
(1) Fee or staff appraisal when it is performed in
accordance with Standards 1 and 2 and other provisions of the USPAP
in effect at the time of the appraisal.
(2) Ad valorem tax appraisal that:
(A) conforms to USPAP Standard 6; and
(B) demonstrates proficiency in appraisal principles,
techniques, or skills used by appraisers practicing under USPAP Standard
1.
(3) Condemnation appraisal.
(4) Technical review appraisal to the extent that it
demonstrates proficiency in appraisal principles, techniques, or skills
used by appraisers practicing under USPAP Standard 1.
(5) Appraisal analysis. A market analysis typically
performed by a real estate broker or salesperson may be awarded experience
credit when the analysis is prepared in conformity with USPAP Standards
1 and 2.
(6) Real property appraisal consulting services, including
market analysis, cash flow and/or investment analysis, highest and
best use analysis, and feasibility analysis when it demonstrates proficiency
in appraisal principles, techniques, or skills used by appraisers
practicing under USPAP Standard 1 and performed in accordance with
USPAP Standards 4 and 5.
(f) Experience credit may not be awarded for teaching
appraisal courses.
(g) Experience claimed by an applicant must be submitted
on an Appraisal Experience Log with an accompanying Appraisal Experience
Affidavit.
(1) In exceptional situations, the Board, at its discretion,
may accept other evidence of experience claimed by the applicant.
(2) If the Board determines just cause exists for requiring
further information, the Board may obtain additional information by:
(A) requiring the applicant to complete a form, approved
by the Board, that includes detailed listings of appraisal experience
showing, for each appraisal claimed by the applicant, the city or
county where the appraisal was performed, the type and description
of the building or property appraised, the approaches to value utilized
in the appraisal, the actual number of hours expended on the appraisal,
name of client, and other information determined to be appropriate
by the Board; or
(B) engaging in other investigative research determined
to be appropriate by the Board.
(3) The Board will require verification of acceptable
experience of all applicants. Applicants have 60 days to provide all
documentation requested by the Board. The verification may be obtained
by:
(A) requiring the applicant to complete a form, approved
by the Board, that includes detailed listings of appraisal experience
showing, for each appraisal claimed by the applicant, the city or
county where the appraisal was performed, the type and description
of the building or property appraised, the approaches to value utilized
in the appraisal, the actual number of hours expended on the appraisal,
name of client, and other information determined to be appropriate
by the Board;
(B) requesting copies of appraisals and all supporting
documentation, including the workfiles; and
(C) engaging in other investigative research determined
to be appropriate by the Board.
(4) Failure to comply with a request for verification
of experience, or submission of experience that is found not to comply
with the requirements for experience credit, is a violation of these
rules and may result in denial of a license application, and any disciplinary
action up to and including revocation.
(h) An applicant may be granted experience credit only
for real property appraisals that:
(1) comply with the USPAP edition in effect at the
time of the appraisal;
(2) are verifiable and supported by workfiles in which
the applicant is identified as participating in the appraisal process;
(3) were performed when the applicant had legal authority;
and
(4) comply with the acceptable categories of experience
as per the AQB experience criteria and stated in subsection (e) of
this section.
|
| Source Note: The provisions of this §153.15 adopted to be effective March 2, 1992, 17 TexReg 1231; amended to be effective August 17, 1992, 17 TexReg 5455; amended to be effective November 10, 1993, 18 TexReg 7542; amended to be effective September 1, 1995, 20 TexReg 6202; amended to be effective March 1, 1997, 22 TexReg 1717; amended to be effective November 17, 1999, 24 TexReg 10090; amended to be effective April 1, 2001, 26 TexReg 2163; amended to be effective January 1, 2003, 27 TexReg 11147; amended to be effective March 9, 2006, 31 TexReg 1650; amended to be effective August 28, 2007, 32 TexReg5368; amended to be effective December 27, 2010, 35 TexReg 11658; amended to be effective December 22, 2013, 38 TexReg 9048; amended to be effective September 7, 2014, 39 TexReg 6857 |
