Compilation of Rules and Regulations of the State of Georgia
Department 539 - RULES OF GEORGIA REAL ESTATE APPRAISERS BOARD
Chapter 539-2 - STANDARDS FOR APPRAISAL COURSES
Rule 539-2-.05 - Continuing Education Courses

Universal Citation: GA Rules and Regs r 539-2-.05

Current through Rules and Regulations filed through September 23, 2024

(1) The Board shall deem an appraiser who completes the seven hour course on the Uniform Standards of Professional Appraisal Practice as required in Rule 539-1-.16(7) to have met the continuing education requirement of O.C.G.A. Section 43-39A-8(b) for a renewal period if the appraiser also successfully completes in a renewal period any of the following courses which have at least the total number of hours of instruction that the appraiser is required to complete:

(a) any course of at least 3 semester hours or 5 quarter hours at an accredited college or university which deals with principles, fundamentals, or essentials of valuation. College correspondence courses and courses which qualify for continuing education units may not be used to qualify under this Rule; or

(b) any other course which the Board approves prior to an appraiser's taking the course and which includes coverage of real estate appraisal related topics such as:
1. ad valorem taxation;

2. arbitrations;

3. business courses related to practice of real estate appraisal;

4. development cost estimating;

5. ethics and standards of professional practice;

6. land use planning, zoning, and taxation;

7. management, leasing, brokerage, and timesharing;

8. property development;

9. real estate appraisal;

10. real estate law;

11. real estate litigation;

12. real estate financing and investment;

13. real estate appraisal related computer applications;

14. real estate securities and syndication;

15. real property exchange;
15.1. Georgia's Residential Mortgage Fraud law and methods for identifying possible fraud in transactions and properly reporting alleged fraud;

15.2. the provisions of the Appraisal Act and its Rules and Regulations; and

16. any other topics to which the Board may give prior approval.

(c) Any course approved by another appraiser regulatory licensing and certification agency in any state, district, territory, possession, or providence of the United States or Canada which meets the requirements of paragraph (1)(b) of this Rule.

(2) Appraisers completing continuing education requirements must submit transcripts or other verification of completion which the Board deems necessary and adequate.

(3) The Board shall deem the continuing education requirement for a renewal period as met by any appraiser who submits satisfactory written proof that he or she has taught any of the courses approved under this Rule totaling at least the number of continuing education hours that the appraiser is required to complete, provided that the appraiser complies with the requirements of Rule 539-1-.16(7).

(4) A course approved for continuing education credit may not be used by an appraiser to meet the education requirements for a different classification than that which the appraiser holds, unless such course is also approved by the Board to meet the education requirements for certification.

(5) The Board, in its discretion, may require the completion of an examination at the end of any continuing education course.

(6) An appraiser who has successfully completed an approved course to meet any part of such appraiser's continuing education requirement may not repeat that course unless at least one full year has passed since the completion of that course.

(7) Any nonresident appraiser shall have met the continuing education requirements required to maintain an appraiser classification in Georgia if such nonresident appraiser has met the continuing education requirements in such nonresident's state of residence and if the appraisal regulatory program in such nonresident's state of residence is not disapproved by the Appraisal Subcommittee.

O.C.G.A. Secs. 43-39A-3, 43-39A-8, 43-39A-9, 43-39A-11, 43-39A-13, 43-39A-18, 43-39A-22.

Disclaimer: These regulations may not be the most recent version. Georgia 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.
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