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OREA License Levels |
Education Requirements |
Experience Requirements |
Scope of Practice |
Trainee |
150 hours, covering specific modules
including the 15-hour National
USPAP Course (or its equivalent
as determined by the Appraiser
Qualifications Board. |
None |
Any property which the
supervising appraiser is
permitted to appraise. |
Residential |
150 hours, covering specific modules
including the 15-hour National
USPAP Course (or its equivalent
as determined by the Appraiser
Qualifications Board. |
2000 hours and encompassing
no less than 12 months of
acceptable appraisal experience. |
Any non-complex 1-4 family
property with a transaction
value up to $1 million; and
non-residential property with
a transaction value up to
$250,000. |
Certified Residential |
200 hours, covering specific
modules, including the 15-hour
National USPAP Course and an
Associate Degree. In lieu of a degree, 21 semester credits in specific subject
matters may be substituted. |
200 hours, covering specific 2,500 hours and encompassing Any 1-4 family property
residential modules, including the 15-hour
National USPAP Course and an
Associate Degree In lieu of a degree,
21 semester credits in specific subject
matters may be substituted. |
Any 1-4 family property
without regard to transaction
value or complexity; and
non-residential property with
a transaction value up to
$250,000. |
Certified General |
300 hours, covering specific modules,
including the 15-hour National
USPAP Course and a Bachelors
Degree. In lieu of a degree, 30
semester credits in specific subject
matters may be substituted. |
3,000 hours and encompassing
no less than 2 5 years
(30 months) of acceptable
appraisal experience, of which
1,500 hours must be nonresidential . |
All real estate without regard
to transaction value or
complexity. |
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