Chapter 1301:11-4 Registration of Appraiser Assistants

Rescinded eff 1-1-07

At the time an application is submitted to the division of real estate, an applicant seeking state-registration as a real estate appraiser assistant shall demonstrate that no more than five years prior to the date of the application, the applicant has successfully completed the following courses approved by the superintendent:

(A) Thirty classroom hours of basic appraisal principles;

(B) Thirty classroom hours of basic appraisal procedures;

(C) Fifteen classroom hours of national uniform standards of professional appraisal practice or its equivalent; and

(D) One course devoted exclusively to federal, state, and municipal fair housing law, presented by a nationally recognized appraisal organization, an institution of higher education, a career school registered by the state board of career colleges and schools, a state or federal commission or agency, or any other organization that represents the interests of financial institutions or real estate brokers, appraisers, or agents and that provides appraisal education

Replaces: replaces rule 1301:11-4-02

Effective: 01/01/2009 R.C. 119.032 review dates: 06/30/2011 Promulgated Under: 119.03 Statutory Authority: 4763.03Rule Amplifies: 4763.05Prior Effective Dates: 9/10/1996, 1/1/2007

1301:11-4-02 [Effective 1/1/2012] Education requirements for registration as a state-registered real estate appraiser assistant

At the time an application is submitted to the division of real estate, an applicant seeking state-registration as a real estate appraiser assistant shall demonstrate that no more than five years prior to the date of the application, the applicant has successfully completed the following courses approved by the superintendent:

(A) Thirty classroom hours of basic appraisal principles;

(B) Thirty classroom hours of basic appraisal procedures;

(C) Fifteen classroom hours of national uniform standards of professional appraisal practice or its equivalent; and

(D) One course devoted exclusively to federal, state, and municipal fair housing law, presented by a nationally recognized appraisal organization, an institution of higher education, a career school registered by the state board of career colleges and schools, a state or federal commission or agency, or any other organization that represents the interests of financial institutions or real estate brokers, appraisers, or agents and that provides appraisal education

(E) An applicant for registration shall satisfy the requirements in this rule through distance education as defined in paragraph (A) of rule rule 1301:11-7-03 of the Administrative Code or through classroom hours of instruction. Distance education must be approved by the international distance education certification center(IDECC) and by the course approval program through the appraiser qualifications board of the appraisal foundation. Classroom hours of instruction must be approved by the appraisal qualifications board of the appraisal foundation, or obtained from an institution of higher education, a nationally recognized appraisal organization, a proprietary school registered by the state board of proprietary school registration, a state or federal commission or agency, or any other organization that represents the interests of financial institutions or real estate brokers, appraisers, or agents and that provides appraisal education.

Effective: 01/01/2012 R.C. 119.032 review dates: 05/20/2011 and 05/20/2016 Promulgated Under: 119.03 Statutory Authority: 4763.03 Rule Amplifies: 4763.05 Prior Effective Dates: 9/10/1996, 1/1/2007, 1/1/2009

Rescinded eff 1-1-07