Current through February 24, 2025
(1)
(a) Except as provided under sub. (10), to
obtain approval of a continuing education course the course provider shall
submit an application on forms provided by the department at least 45 days
prior to the first date the course is offered. The application shall include
all of the following:
1. The name, date, and
location of the course.
2. A
general description of the subject matter.
3. An outline of the content of the course,
including time segments for each subject.
4. The name and qualifications of the course
instructor.
(b) The
department shall notify the course provider whether the course has been
approved or denied within 20 business days from the date the application is
received.
Note: Applications for course approval are
available from the department's website at http://dsps.wi.gov.
(2) A continuing education course
shall relate to one or more real property related appraisal topics, including
any of the following:
(b) Arbitration, dispute
resolution.
(c) Courses related to
the practice of real estate appraisal or appraisal consulting.
(d) Development cost estimating.
(e) Ethics and standards of professional
practice, USPAP.
(f) Land use
planning, zoning.
(g) Real estate
management, leasing, timesharing.
(h) Property development, partial
interests.
(i) Real estate law,
easements, and legal interests.
(j)
Real estate litigation, damages, condemnation.
(k) Real estate financing and
investment.
(l) Real estate
appraisal related computer applications.
(m) Real estate securities and
syndication.
(n) Developing
opinions of real property value in appraisals that also include personal
property of business value.
(o)
Sell concessions and impact value.
(p) Energy efficient items and "green
building" appraisals.
(3)
The course shall be available to all certified and licensed appraisers
regardless of membership in any organization.
(4) The course shall be at least 2 hours in
length.
(5) The course provider
shall monitor attendance by requiring each participant to sign an attendance
sheet at the beginning and end of each course and shall furnish each
participant with written evidence of having completed the course.
(6) Course providers may repeat a previously
approved course without reapplication, provided that the subject matter and
instructor have not changed.
(7)
(a) Credit may be granted for a distance
education course that satisfies all requirements for a continuing education
course established by the AQB that are in effect at the time the course is
offered.
(b) A distance education
course intended for use as continuing education shall include at least one of
the following:
1. A written examination
proctored by an official approved by the college or university, or by the
sponsoring organization. Oral examinations are not acceptable.
2. Successful completion of prescribed course
material required to demonstrate knowledge of the subject matter.
Note: Information concerning the course
approval process established by the AQB is available at
www.appraisalfoundation.org.
(8) Course instructors
shall be approved by the department. An instructor whose appraiser certificate
has been limited, suspended, or revoked may not instruct in approved courses
while the disciplinary action is in effect. An approved instructor shall
possess at least one of the following qualifications:
(a) Be an instructor of appraisal courses who
teaches or has taught appraisal courses at an accredited college or
university.
(b) Be a licensed or
certified appraiser who practices in the aspects of appraising being taught
such as, appraisal, appraisal review, appraisal consulting or mass appraisal,
and who has engaged in the practice for at least 5 years.
(c) Be an instructor of assessor education
courses who is approved by the department of revenue to teach continuing
assessor education programs that are relevant to appraisal practice.
(d) Be an instructor who teaches appraisal
courses approved by the AQB.
Note: Information concerning courses
approved by the AQB is available at www.appraisalfoundation.org.
(e) If applying to teach the 7-Hour National
USPAP Update Course or its equivalent, be a certified residential or general
appraiser, and be certified by the AQB as an instructor to teach that
course.
(f) Be an instructor who
teaches an appraiser or assessor course approved by another state of the United
States that is relevant to appraisal practice.
(g) Be an instructor who, in the judgment of
the department, is qualified to teach course work that is relevant to appraisal
practice.
(9) The course
provider shall retain records of attendance of qualifying education programs
for a period of 5 years. The records shall include all of the following:
(a) The name of the course.
(b) The date the course was
offered.
(c) The names and
addresses of individuals who completed the course.
(d) The number of hours of
instruction.
(e) If administered,
the examination results for each individual.
(10) An appraisal course approved by the AQB
shall be approved by the department without receipt of an application for
course approval from the course provider.
(11) An appraisal course approved by another
state or territory of the United States, which complies with the real property
appraiser qualification criteria established by the AQB, shall be approved by
the department without receipt of an application for course approval from the
other state or territory.
(12)
Credit awarded for the classroom hour requirement when a licensed appraiser
seeks a certified appraiser certification, or a certified residential appraiser
seeks a certified general appraiser certification, may also be awarded for the
continuing education requirement of the license or certification
held.
Information concerning courses approved by the AQB is
available at www.appraisalfoundation.org.
