Code of Massachusetts Regulations
264 CMR - BOARD OF REGISTRATION OF REAL ESTATE APPRAISERS
Title 264 CMR 5.00 - Licensure/certification Requirements
Section 5.09 - Required Core Curricula

Universal Citation: 264 MA Code of Regs 264.5

Current through Register 1531, September 27, 2024

(1) Appraisal Trainee.

(a) 30 hours in Basic Appraisal Principles;

(b) 30 hours in Basic Appraisal Procedures; and

(c) 15-hour National USPAP or National USPAP Equivalency Course Approved by the AQB and the Board.

(2) State-licensed Appraiser.

(a) 30 hours in Basic Appraisal Principles;

(b) 30 hours in Basic Appraisal Procedures;

(c) 15-hour National USPAP or National USPAP Equivalency Course Approved by the AQB and the Board;

(d) 15 hours in Residential Market Analysis and Highest and Best Use;

(e) 15 hours Residential Appraiser Site Valuation and Cost Approach;

(f) 30 hours Residential Sales Comparison and Income Approaches; and

(g) 15 hours Residential Report Writing and Case Studies.

(3) Certified Residential Appraiser.

(a) 30 hours in Basic Appraisal Principles;

(b) 30 hours in Basic Appraisal Procedures;

(c) 15-hour National USPAP or National USPAP Equivalency Course Approved by the AQB and the Board;

(d) 15 hours in Residential Market Analysis and Highest and Best Use;

(e) 15 hours Residential Appraiser Site Valuation and Cost Approach;

(f) 30 hours Residential Sales Comparison and Income Approaches;

(g) 15 hours Residential Report Writing and Case Studies;

(h) 15 hours Statistics, Modeling and Finance;

(i) 15 hours Advanced Residential Applications and Case Studies; and

(j) 20 hours Appraisal Subject Matter Electives - This may include additional hours in above topics.

(4) Certified General Appraiser.

(a) 30 hours in Basic Appraisal Principles;

(b) 30 hours in Basic Appraisal Procedures;

(c) 15-hour National USPAP or National USPAP Equivalency Course Approved by the AQB and the Board;

(d) 30 hours in General Appraiser Market Analysis and Highest and Best Use;

(e) 15 hours Statistics, Modeling and Finance;

(f) 30 hours in General Appraiser Sales Comparison Approaches;

(g) 30 hours in General Appraiser Site Valuation and Cost Approach;

(h) 60 hours in General Appraiser Income Approach;

(i) 30 hours in General Appraiser Report Writing and Case Studies; and

(j) 30 hours in Other Appraisal Subject Matter Primary Courses - This may include additional hours in above topics.

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