New York Codes, Rules and Regulations
Title 19 - DEPARTMENT OF STATE
Chapter XXXI - Board of Real Estate Appraisal
Part 1102 - Qualifying Experience
Section 1102.7 - Mass appraisals
Universal Citation: 19 NY Comp Codes Rules and Regs ยง 1102.7
Current through Register Vol. 46, No. 12, March 20, 2024
(a) Applicants for residential licensing, residential certification or general certification will receive credit for mass appraisal experience according to the provisions of this section.
(b)
(1) Experience requirements.
(i) An applicant for residential licensing
must document that the applicant has at least 2,000 hours over a period of at
least two years performing mass appraisals or the equivalent thereof. The
applicant's documentation must demonstrate that the applicant was engaged for
at least 1,500 hours performing mass appraisals of properties in the
residential categories set forth in paragraph (c)(2) of this section.
(ii) An applicant for residential
certification must document that the applicant has at least 2,500 hours over a
period of at least two years performing mass appraisals or the equivalent
thereof. The applicant's documentation must demonstrate that the applicant was
engaged for at least 1,875 hours performing mass appraisals of properties in
the residential categories set forth in paragraph (c)(2) of this
section.
(iii) An applicant for
general certification must document that the applicant has at least 3,000 hours
of over a period of at least 21/2 years performing mass appraisals or the
equivalent thereof. The applicant's documentation must demonstrate that the
applicant was engaged for at least 2,250 hours performing mass appraisals of
properties in the general categories set forth in paragraph (c)(3) of this
section.
(2) An applicant
must demonstrate experience in each of the three essential tasks of a mass
appraisal. The applicant's experience in each category, as a percentage of the
total required experience, must be within the following maximums and minimum:
Mass Appraisal Tasks |
Minimum Experience Required |
Maximum Experience Allowed |
Data collection |
20% |
25% |
Modeling and value analysis |
30% |
50% |
Valuation and final review |
30% |
50% |
(c)
(1) An
applicant must demonstrate the effectiveness of the applicant's mass appraisal
models by submitting single property appraisals from separate neighborhoods.
These single property appraisals must demonstrate compliance with the appraisal
standards set forth in Part 1106 of this Title.
(2) An applicant for residential licensing or
residential certification must submit one single property appraisal in three of
the residential categories listed below:
(i)
residential single family;
(ii)
residential two to four family;
(iii) residential vacant land; or
(iv) farms less than 100 acres.
(3) An applicant for general
certification must submit one single-property appraisal in four of the general
categories listed below:
(i) apartment
buildings (more than four units);
(ii) land (undeveloped tracts, commercial
sites, industrial sites, or utility sites);
(iii) farms greater than 100 acres;
(iv) townhouse complexes;
(v) condominium complexes;
(vi) mobile home parks;
(vii) manufacturing plants;
(viii) office buildings (single
tenant);
(ix) office buildings
(multiple tenants);
(x) retail and
shopping centers;
(xi)
warehouses;
(xii)
restaurants;
(xiii) R&D
facilities;
(xiv) day care
centers;
(xv) hotels or
motels;
(xvi) gas or service
stations;
(xvii) hospitals, nursing
homes, and health care centers;
(xviii) schools, churches or government
buildings; and
(xix) other
commercial, industrial or utility real property.
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