Appraisal

Please check the New Qualifications for Appraiser Credentials below.

1. Bachelor’s Degree, from an accredited college, in any field of study.
2. Associates Degree, from an accredited college, in a Focused Field of Study (Business Administration; Accounting; Finance; Economics; or Real Estate).
3. Successful Completion of 30 College Semester Credit Hours in ten, 3 semester hour courses, including: English Composition, Microeconomics, Macroeconomics, Finance, Algebra, Geometry, or Higher Mathematics, Statistics, Computer Science, Business or Real Estate Law, and two elective courses in: Accounting, Geography, Agricultural Economics, Business Management, or Real Estate.
4. Successful Completion of College Level Examination Program (CLEP) Exams Equivalent to 30 Semester Hours including: College Algebra, College Composition, College Composition Modular, College Mathematics, Principles of Macroeconomics, Principles of Microeconomics, Introductory Business Law, and Computer Science.
5. Any Combination of options #3 and #4 above That Includes All of The Topics Identified.
6. Experience "Opt Out" of College Requirements ONLY for Current Licensed Appraisers (if licensed for five (5) years), IF they also meet each of the following additional standards:
   • No Disciplinary Action Affecting the License within five (5) years.
   • 1,500 Hours of Experience.
   • Passing the Certified Residential Exam.

• Experience hours toward Licensure are only recognized during the time when the individual was registered with the Division as a Trainee.
• Certified Residential Appraiser candidates must complete at least 500 experience hours, accumulated over at least 6 months during the time when the applicant is licensed as a State Licensed Appraiser.
• The Appraisal Board may not award credit for appraisal experience earned more than five years prior to the date of application.
• At least 50% of the appraisals submitted for experience credit shall be appraisals of properties located in Utah.
  Experience gained for work without a traditional client may qualify for experience hours but cannot exceed 50% of the total experience requirement.
• As to the first 35 residential appraisals or first 20 non-residential appraisals completed, as applicable to the license or certification being sought, the property inspection must include: - Measurement of the exterior of the property that is the subject of an appraisal; and - Inspection of the exterior of a property that is used as a comparable in an appraisal.
• An individual applying for certification as a Certified Residential Appraiser shall document at least 75% of the hours submitted from either the residential experience schedule (Appendix 1), or the mass appraisal schedule (Appendix 3).
• An individual applying for certification as a Certified General Appraiser shall document at least 1,500 experience hours from the general experience schedule (Appendix 2); or properties other than 1 – 4 unit residential properties identified in the mass appraisal schedule (Appendix 3).
• A maximum of 50% of required experience hours may be earned from appraisal of vacant land.
• Review appraisals shall be awarded experience credit when the appraiser performs technical reviews of appraisals prepared by employees, associates, or others, provided the appraiser complies with USPAP Standards Rule 3 when the appraiser is required to comply with the rule. The following credit shall be awarded for review of appraisals: desk review - 30% of the hours that would be awarded if a separate written review appraisal report were prepared, up to a maximum of 500 hours; and field review - 50% of the hours that would be awarded if a separate written review appraisal report were prepared, up to a maximum of 500 hours

Please see Rule R162-2g - Real Estate Appraiser Licensing and Certification Administrative Rules , for all rules and information.