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Qualifying Education
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Exam
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Experience
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Continuing Education
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Scope of Practice
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75 hours of approved prelicensure appraiser education (see specific course requirements in Table 1 )
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no exams required
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no work experience required
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14 hours in 3rd and successive years of licensure
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Any non-federally related transactions. Must also contain supervisor's signature
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Limited real estate appraisers, previously known as valuation specialists, may be the sole inspector for non-federally related transaction, but their reports must also be signed by a state licensed, certified residential or certified general appraiser. Limited real estate appraisers may assist a state licensed, certified residential or certified general appraiser in the development of a federally related appraisal, but they may not sign the report. The limited real estate appraiser should be acknowledged in the report, in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP) Standard 2-3, and the Board of Real Estate Appraisers General Rule 403(b).
The limited real estate appraiser application should be filed upon completion of 75 hours of prelicensure courses, including the 15-hour national USPAP course. To obtain the Limited Real Estate Appraiser application materials call the board office at (517) 241-9288, request the materials in writing, or download the application package from the Forms and Publications page.
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