Florida Administrative Code
61 - DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
61J1 - Florida Real Estate Appraisal Board
Chapter 61J1-6 - EXPERIENCE REQUIREMENTS
Section 61J1-6.003 - Experience Requirement - Practical Applications of Real Estate Appraisal

Universal Citation: FL Admin Code R 61J1-6.003

Current through Reg. 50, No. 187; September 24, 2024

(1) Practical Applications of Real Estate Appraisal (PAREA) programs approved by the Appraiser Qualifications Board of the Appraisal Foundation (AQB), or any successor body recognized by federal law, utilize simulated experience training and serve as an alternative to the traditional Supervisor/Trainee experience model to qualify as Uniform Standards of Professional Appraisal Practice (USPAP) compliant experience. Only PAREA programs approved by the AQB will satisfy the requirements of this rule.

(2) Graduates successfully completing an approved certified residential PAREA program will be eligible to receive the following experience credit:

(a) Certified residential classification: one hundred percent (100%) of the required experience hours;

(b) Certified general classification: fifty percent (50%) of the total required experience, none of which is eligible toward the required non-residential hours.

Rulemaking Authority 475.614, 475.615(2) FS. Law Implemented 455.213, 475.615(2), 475.617 FS,

New 9-28-22.

Disclaimer: These regulations may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.