(A) All state registered, licensed or certified real estate appraisers must satisfactorily complete fourteen classroom hours of continuing education courses within the one year period immediately following the issuance of their initial certificate of license and every year thereafter. A state registered, licensed or certified real estate appraiser shall submit to the division of real estate, on a form prescribed by the superintendent, such information as the superintendent or appraiser board may require concerning continuing education instruction completed by the individual.
(B) Beginning January 1, 2003, at least once in the succeeding two year education cycle and each two year education cycle thereafter, seven hours of the fourteen classroom hours of continuing education courses required pursuant to paragraph (A) of this rule shall be in the national uniform standards of professional appraisal practice update course, or its equivalent. Equivalency shall be determined through the appraisal qualifications board course approval program or by an alternate method established by the appraisal qualifications board.
(C) Continuing education instruction obtained in excess of fourteen classroom hours during the one year interval may not be used to meet the requirements for any future reporting period.
(D) No state registered, licensed, or certified real estate appraiser shall receive credit for more than eight classroom hours of continuing education instruction in any one calendar day.
(E) A state registered, licensed, or certified real estate appraiser may not receive credit for duplicate classroom hours of continuing education completed during the term of the certificate or license being renewed.
(F) Except as provided in this paragraph, courses completed prior to being approved by the superintendent do not qualify for continuing education credit. State registered, licensed or certified real estate appraisers may receive credit for a course that has not been previously approved by the board, only when:
(1) The state registered, licensed, or certified real estate appraiser submits the course for credit within the same continuing education reporting period in which the course was taken.
(2) Each course is approved by a state appraiser regulatory agency or the appraiser qualifications board of the appraisal foundation.
(3) The state registered, licensed, or certified real estate appraiser submits an education compliance form, the course syllabus, course attendance certificate and a non-refundable twenty-five dollar course approval application fee; and
(4) The course is not a distance education course as defined in rule 1301:11-7-03 of the Administrative Code.
Effective: 01/01/2009
R.C. 119.032 review dates: 06/30/2011
Promulgated Under: 119.03
Statutory Authority: 4763.03, 4763.07
Rule Amplifies: 4763.03, 4763.07
Prior Effective Dates: 11/15/1991, 5/7/1993, 2/6/1996, 3/20/1999, 6/21/2002, 1/1/2008