Current through Reg. 50, No. 187; September 24, 2024
(1) All applicants
for certification must present evidence satisfactory to the Board that the
applicant has the experience required in section
475.617, F.S., in real property
appraisal activity. Acceptable appraisal experience includes fee and staff
appraisals, ad valorem tax appraisals, condemnation appraisals, and review
appraisals.
(2) Experience is
described as follows:
(a)
1. For the certified residential appraiser -
one thousand five hundred (1500) hours of real property appraisal experience
obtained over a 12-month period.
2.
For the certified general appraiser - three thousand (3000) hours of real
property appraisal experience obtained over an 18-month period, of which one
thousand five hundred (1500) hours must be in non-residential appraisal
work.
(b) All experience
claimed for all licensure classifications must be obtained after January 30,
1989, and must be Uniform Standards of Professional Appraisal Practice (USPAP)
compliant as set forth in rule
61J1-9.001,
F.A.C.
(3) Each applicant
shall verify the required experience by certifying in such a manner as provided
by the Department. Any proportional combination of required reports or hours,
as required below, will be acceptable as long as the experience for the
certified general appraiser is at least 50% nonresidential appraisal work as
stated in subsection (2) above.
(4)
Experience as defined in subsection (2) above, shall be accounted for on an
appraisal experience log, which shall include the following minimum
information: type of property, date of report, address of appraised property,
description of work performed by the registered trainee/applicant and scope of
the review and supervision of the supervising appraiser, number of work hours,
and signature and license number of supervising appraiser. The log and
supporting documents shall be retained for a minimum of 5 years after licensure
or certification. All work submitted for experience shall comply with the
USPAP. Types of acceptable experience are:
(a) Fee appraisal assignments:
1. Certified residential: Experience shall
consist of a minimum of 150 supportable and documented appraisal reports
presented in a format generally acceptable to the appraisal industry.
2. Certified general: Experience shall
consist of a minimum of 23 Appraisal Reports in a narrative format which comply
with the USPAP; or 12 non-residential Appraisal Reports in a narrative format
which comply with the Uniform Standards of Professional Appraisal Practice as
defined in section 475.611(1)(bb),
F.S., and 135 non-narrative supportable and documented appraisal reports
presented in a format generally acceptable to the appraisal
industry.
(b) Mass
appraisals:
1. Mass appraisals must be as set
forth in compliance with Standards 5 and 6 of the USPAP.
2. Mass appraisal experience claimed by the
applicant should be given credit to the extent that it demonstrates proficiency
in appraisal practices, techniques, or skills used by appraisers practicing
under USPAP Standard 1.
3. In
developing a mass appraisal an appraiser must be aware of, understand, and
correctly employ those recognized methods and techniques necessary to produce
and communicate credible mass appraisals.
4. Mass appraisal experience shall include:
a. Identifying properties to be
appraised;
b. Defining market area
of consistent behavior that applies to properties;
c. Identifying characteristics (supply and
demand) that affect the creation of value in that market area;
d. Determining highest and best use;
Demonstrating proficiency with elements and concept of
highest and best use through separate analysis if not contained in appraisals
submitted for audit;
e.
Developing a model structure to determine the contribution of the individual
characteristics affecting value;
f.
Calibrating the model structure to determine the contribution of the individual
characteristics affecting value;
g.
Applying the conclusions reflected in the model to the characteristics of the
property or properties being appraised; and
h. Reviewing the mass appraisal results.
All other components of the mass appraisal process are not
eligible for experience credit.
5. Experience will be granted for appraisals
of individual parcels of real estate.
(c) Review Appraiser:
1. Certified residential: Experience shall
consist of a minimum of 300 appraisal review reports.
2. Certified general: Experience shall
consist of a minimum of 150 appraisal review reports of narrative appraisal
reports. At least 50% (1500 hours) of the experience must be in non-residential
appraisal work as defined in subsection (2), above.
a. Review appraisal experience shall be
granted only when the applicant has performed review(s) of appraisals prepared
either by employees, associates, or others, provided the appraisal report was
not signed by the review appraiser.
b. Review appraisal experience may be claimed
only when reviews are as set forth in Standards 3 and 4 of the Uniform
Standards of Professional Appraisal Practice as defined in section
475.611(1)(bb),
F.S.
(d)
Appraisal analysis, real estate counseling and highest and best use analysis:
1. Experience shall consist of a minimum of
150 narrative reports.
2.
Experience may be claimed only when performed as set forth in Standards 1 and 2
of the Uniform Standards of Professional Appraisal Practice as defined in
section 475.611(1)(bb),
F.S., as applicable.
(e)
Feasibility analysis/study:
1. Experience
shall consist of a minimum of 150 narrative reports.
2. Experience may be claimed only when the
analysis/study is prepared as set forth in Standards 1 and 2 of the Uniform
Standards of Professional Appraisal Practice as defined in section
475.611(1)(bb),
F.S., and the applicant can demonstrate that he or she utilized similar
techniques as appraisers to value properties and effectively utilize the
appraisal process.
(5) The Board shall require an applicant to
document experience by producing appraisal reports, file memoranda, or other
documentation to support the experience claimed.
Rulemaking Authority
475.614,
475.615(2) FS.
Law Implemented 455.213,
475.611(1)(bb),
475.615(2),
475.617,
475.628
FS.
New 10-15-91, Formerly 21VV-6.001, Amended 9-22-93, 9-6-94,
2-19-98, 9-6-98, 12-12-99, 10-1-00, 6-1-04, 3-1-06, 12-4-06, 4-18-07, 11-25-07,
11-12-09, 2-10-14, 7-30-14, 7-18-19.
