Code of Massachusetts Regulations
264 CMR - BOARD OF REGISTRATION OF REAL ESTATE APPRAISERS
Title 264 CMR 5.00 - Licensure/certification Requirements
Section 5.04 - Requirements for State-certified Residential Real Estate Appraisers
Current through Register 1531, September 27, 2024
Each applicant shall:
(1) Pass the Massachusetts Examination for State-certified Real Estate Appraisers or an equivalent examination approved by the Board;
(2) Complete 200 classroom hours of primary education in real estate appraisal;
(3) Satisfy at least one of the following five options in 264 CMR 5.04(3)(a) through (e):
(4) As an alternative to the requirements in 264 CMR 5.04(3), individuals who have held a State-licensed Real Estate Appraiser credential for a minimum of five years may qualify for a Certified Residential credential by satisfying all of the following:
(5) Submit evidence of the required real estate appraisal experience as described in 264 CMR 5.06.
(6) Appraisers holding a valid State-licensed Real Estate Appraiser credential may satisfy the educational requirements for the Certified Residential Real Property Appraiser credential by successfully completing the following additional educational hours:
(a) Statistics, Modeling and Finance |
15 Hours |
(b) Advanced Residential Applications and Case Studies |
15 Hours |
(c) Appraisal Subject Matter Electives |
20 Hours |
TOTAL 50 Hours |