SPS 84.01(3)
(3) Credit toward the course requirement may be granted only if the length of the educational course is at least 15 hours of instruction and the individual successfully completes an examination pertinent to that course.
SPS 84.01(4)
(4) Credit shall be granted for educational courses regardless of when the courses were completed.
SPS 84.01(6)
(6) Credit may be granted for a distance education course that satisfies all requirements for a continuing education course established by the appraiser qualifications board of the appraisal foundation that are in effect at the time the course is completed.
SPS 84.01 Note
Note: The Appraiser Qualifications Board of the Appraisal Foundation may be contacted at 1155 15th Street, NW, Suite 1111, Washington, D.C. 20005, (202) 347-7722,
www.appraisalfoundation.org.
SPS 84.01(7)
(7) 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:
SPS 84.01(7)(a)
(a) Be an instructor of appraisal courses who teaches or has taught appraisal courses at an accredited college or university.
SPS 84.01(7)(b)
(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.
SPS 84.01(7)(c)
(c) Be an instructor of assessor education courses who is approved by the department of revenue to teach assessor education programs that are relevant to appraisal practice.
SPS 84.01(7)(d)
(d) Be an instructor who teaches appraisal courses approved by the appraiser qualifications board of the appraisal foundation.
SPS 84.01(7)(e)
(e) If applying to teach the 15-hour national USPAP course, or its equivalent, be a certified residential or general appraiser, and be certified by the appraiser qualifications board of the appraisal foundation as an instructor to teach that course.
SPS 84.01(7)(f)
(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.
SPS 84.01(7)(g)
(g) Be an instructor who, in the judgment of the department, is qualified to teach course work that is relevant to appraisal practice.
SPS 84.01(8)
(8) Credit may be granted for teaching an approved appraisal course.
SPS 84.01(9)
(9) The course provider shall retain records of attendance of qualifying education programs for a period of 5 years that shall include all of the following:
SPS 84.01(9)(c)
(c) The names and addresses of individuals who completed the course.
SPS 84.01(9)(d)
(d) The number of hours of instruction in each required subject area.
SPS 84.01(10)
(10) The course provider shall monitor attendance by requiring each participant to sign an attendance sheet at the beginning and end of each program and shall furnish each participant with written evidence of having completed the course.
SPS 84.01(11)
(11) The licensed and certified residential appraiser programs of study are expected to provide all appraisers with a foundation of knowledge. The courses that satisfy the requirements for appraiser licensure and residential appraiser certification may be acceptable towards satisfying the course work requirement for general appraiser certification.
SPS 84.01(12)
(12) An appraisal course approved by the appraiser qualifications board of the appraisal foundation shall be approved by the department without receipt of an application for course approval from the course provider.
SPS 84.01(13)
(13) 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 appraiser qualifications board of the appraisal foundation, shall be approved by the department without receipt of an application for course approval from the other state or territory.
SPS 84.01(14)
(14) Credit awarded for the class 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.
SPS 84.01 Note
Note: To obtain information about courses approved by the Appraiser Qualifications Board of the Appraisal Foundation write to: 1155 15th Street, NW, Suite 1111, Washington, D.C. 20005.
SPS 84.01 History
History: Cr.
Register, September, 1991, No. 429, eff. 10-1-91; emerg. am. (1) and (6), eff. 10-1-91; am. (1) and (6),
Register, May, 1992, No. 437, eff. 6-1-92; am. (1), renum. (6) to be (9), cr. (6) to (8),
Register, April, 1994, No. 460, eff. 5-1-94; am. (6) (intro.),
Register, June, 1996, No. 486, eff. 7-1-96; am. (6) (intro.), (a), (b), (c), (7) (a) and (9),
Register, January, 1998, No. 505, eff. 2-1-98; am. (1) and (6) (intro.), cr. (7) (c) and (d) and (10),
Register, January, 1999, No. 517, eff. 2-1-99;
CR 01-100: am. (1), r. and recr. (6), cr. (7) (e), (7g), (9), (10), and (13), r. (8), renum. (9) and (10) to be (11) and (12),
Register February 2002 No. 554, eff. 3-1-02;
CR 02-067: cr. (6) (c), renum. (7g) to be (8), am. (11)
Register November 2002 No. 563, eff. 12-1-02;
CR 06-033: am. (1), (7) (b), (c), (9) (d), (e) and (12), r. (2), (5), (6) (a) to (c) and (13), renum. (6) (intro.) to be (6) and am., r. and recr. (7) (e)
Register November 2006 No. 611, eff. 12-1-06;
CR 10-135: am. (1), cr. (7) (f), (g), (13), (14)
Register August 2011 No. 668, eff. 9-1-11.
SPS 84.02
SPS 84.02
Licensed appraiser course requirements. An individual who applies for a license as an appraiser shall submit evidence satisfactory to the department that he or she has successfully completed the required 150 class hour core curriculum established by the appraiser qualifications board of the appraisal foundation that consists of all of the following subject areas and corresponding class hours:
SPS 84.02(3)
(3) The 15-hour national USPAP course or its equivalent — 15 hours.
SPS 84.02(4)
(4) Residential market analysis and highest and best use — 15 hours.
SPS 84.02(5)
(5) Residential appraiser site valuation and cost approach — 15 hours.
SPS 84.02(6)
(6) Residential sales comparison and income approaches — 30 hours.
SPS 84.02(7)
(7) Residential report writing and case studies — 15 hours.
SPS 84.02 History
History: Cr.
Register, May, 1992, No. 437, eff. 6-1-92; am. (1),
Register, April, 1994, No. 460, eff. 5-1-94; am. (3) (intro.),
Register, June, 1996, No. 486, eff. 7-1-96; am. (1), (2) and (3) (a) to (p), cr. (3) (r),
Register, January, 1998, No. 505, eff. 2-1-98;
CR 02-067: am. (1), renum. (2) to be (2) (intro.) and am., cr. (2) (a) and (b),
Register November 2002 No. 563, eff. 12-1-02;
CR 06-033: renum. from s.
RL 84.04 and am.
Register November 2006 No. 611, eff. 12-1-06;
CR 10-135: r. and recr.
Register August 2011 No. 668, eff. 9-1-11.
SPS 84.03
SPS 84.03
Certified residential appraiser course requirements. SPS 84.03(1)(1) An individual who applies for certification as a certified residential appraiser shall submit evidence satisfactory to the department that he or she has successfully completed all of the following:
SPS 84.03(1)(a)
(a) The required 200 class hour core curriculum established by the appraiser qualifications board of the appraisal foundation that consists of the following subject areas and corresponding class hours:
SPS 84.03(1)(a)4.
4. Residential market analysis and highest and best use — 15 hours.
SPS 84.03(1)(a)5.
5. Residential appraiser site valuation and cost approach — 15 hours.
SPS 84.03(1)(a)10.
10. Appraisal subject matter electives that may include hours over the minimum required in the subject areas described in
subds. 1. to
9. — 20 hours.
SPS 84.03(1)(b)
(b) An associate degree, in any field of study, or equivalent education from an accredited college or university. Equivalent education shall consist of at least 21 semester credit hours successfully completed at an accredited college or university, or completed through the CLEP, that covers all of the following subject matter courses:
SPS 84.03(1)(b)6.
6. Introduction to computers including word processing and spreadsheets.
SPS 84.03(2)
(2) A licensed appraiser who applies for a certified residential appraiser credential shall complete all of the following class hour courses identified under
par. (a) and the college-level educational requirements under
sub. (1) (b):
SPS 84.03(2)(b)
(b) Advanced residential applications and case studies — 15 hours.
SPS 84.03(2)(c)
(c) Appraisal subject matter electives, as provided in
par. (a) — 20 hours.
SPS 84.03 History
History: Cr.
Register, September, 1991, No. 429, eff. 10-1-91; emerg. am. (1), (2) and (3) (intro.), eff. 10-1-91; am. (1) to (3) (intro.),
Register, May, 1992, No. 437, eff. 6-1-92; am. (1) and (2),
Register, April, 1994, No. 460, eff. 5-1-94; am. (1), (3) (intro.),
Register, June, 1996, No. 486, eff. 7-1-96; am. (2) and (3) (a) to (q), cr. (3) (r),
Register, January, 1998, No. 505, eff. 2-1-98;
CR 01-100: am. (2),
Register February 2002 No. 554, eff. 3-1-02;
CR 02-067: am. (1), renum. (2) to be (2) (intro.) and am., cr. (2) (a) and (b)
Register November 2002 No. 563, eff. 12-1-02;
CR 06-033: renum. from s.
RL 84.02
and am.
Register November 2006 No. 611, eff. 12-1-06;
CR 10-135: r. and recr.
Register August 2011 No. 668, eff. 9-1-11.
SPS 84.04
SPS 84.04
Certified general appraiser course requirements. SPS 84.04(1)(1) An individual who applies for certification as a certified general appraiser shall submit evidence satisfactory to the department that he or she has successfully completed all of the following:
SPS 84.04(1)(a)
(a) The required 300 class hour core curriculum established by the appraiser qualifications board of the appraisal foundation that consists of all of the following subject areas and corresponding class hours:
SPS 84.04(1)(a)4.
4. General appraisal market analysis and highest and best use — 30 hours.
SPS 84.04(1)(a)10.
10. Appraisal subject matter electives that may include the minimum required in the subject areas described in
subds. 1. to
9. — 30 hours.
SPS 84.04(1)(b)
(b) A bachelor's degree, in any field of study, or equivalent education from an accredited college or university. Equivalent education shall consist of at least 10 semester credit hours successfully completed at an accredited college or university, or completed through the CLEP, that covers all of the following subject matter courses:
SPS 84.04 Note
Note: Clearinghouse Rule 10-135 contains an error in stating equivalent education shall consist of at least 10 semester credit hours. The Federal Institutions Reform, Recovery and Enforcement Act requires 30 hours. DSPS intends to correct in a future rulemaking order.
SPS 84.04(1)(b)7.
7. Introduction to computers including word processing and spreadsheets.
SPS 84.04(1)(b)9.
9. Two elective courses in accounting, geography, agricultural economics, business management or real estate.
SPS 84.04(2)
(2) A licensed appraiser who applies for a certified general appraiser credential shall complete all of the following 150 hour course work, which is identified in the core curriculum under
sub. (1) (a), and the college-level educational requirements under
sub. (1) (b):
SPS 84.04(2)(a)
(a) General appraiser market analysis and highest and best use — 15 hours.
SPS 84.04(2)(c)
(c) General appraiser sales comparison approach — 15 hours.
SPS 84.04(2)(d)
(d) General appraiser site valuation and cost approach — 15 hours.
