(A) Applicants seeking a state-licensed residential real estate
appraiser license shall:
(1) Certify under oath that he or she has
acquired one thousand hours of experience in real estate appraisal,
and
(2) Furnish, under oath, a detailed
listing of the appraisal reports or file memoranda for each year for which
experience is claimed and, upon request of the superintendent or the board,
make available samples of appraisal reports prepared by the applicant in the
course of the applicant's practice.
(3) The one thousand hours of experience
required in paragraph (A)(1) of this rule must be achieved over a period of not
less than six months immediately preceding the initial filing of the
application.
(4) The one thousand hours of experience
required in paragraph (A)(1) of this rule must be achieved either while
registered as a state registered real estate appraiser assistant in Ohio or as
a registered real estate appraiser assistant in another state so long as that
state's requirements to be a registered real estate appraiser assistant
meet or exceed the requirements of the "Appraiser Qualifications Board (AQB) of
the Appraisal Foundation."
(5) Except as provided in paragraph (G)
of this rule, the one thousand hours of experience required in paragraph (A)(1)
of this rule must be achieved under the supervision of an Ohio certified real
estate appraiser or any state certified real estate appraiser so long as that
state's requirements to be a state certified real estate appraiser meet or
exceed the requirements of the AQB. A certified appraiser who is supervising an
applicant pursuant to this rule shall be known as a supervisory appraiser as
defined in paragraph (N) of this rule.
(6) A state-registered real estate
appraiser assistant may have more than one supervising appraiser.
(7) An Ohio certified real estate
appraiser may not supervise more than three state - registered real estate
appraiser assistants at any one time.
(8) An appraisal log shall be maintained
by the state - registered real estate appraiser assistant and each supervising
appraiser jointly. The state - registered real estate appraiser assistant and
each supervising appraiser shall share responsibility to ensure the appraisal
log is accurate, current and complies with the requirements of this rule. At a
minimum the appraisal log must include:
(a) Date of report;
(b) Type of assignment;
(c) Address of subject property;
(d) Property type, residential or general;
(e) Capacity, field or review;
(f) Number of actual work hours by the state - registered real
estate appraiser assistant on the assignment;
(g) The signature and state certification number of the
supervising appraiser. Separate appraisal logs shall be maintained for each
supervising appraiser if applicable; and
(h) Description of work performed by the state - registered real
estate appraiser assistant, the scope of the review performed by the
supervising appraiser and the level of supervision performed by the supervising
appraiser.
(B) An applicant seeking a state-certified residential real
estate appraiser certificate shall:
(1) Certify under oath that the applicant
has acquired one thousand five hundred hours of experience in real estate
appraisal, and
(2) Furnish, under oath, a detailed
listing of the appraisal reports or file memoranda for each year for which
experience is claimed and, upon request of the superintendent or the board,
make available samples of the appraisal reports prepared by the applicant in
the course of the applicant's practice.
(3) The one thousand five hundred hours
of experience required in paragraph (B)(1) of this rule must be achieved over a
period of not less than twelve months immediately preceding the initial filing
of the application.
(4) The one thousand five hundred hours
of experience required by paragraph (B)(1) of this rule must be achieved while
registered as a state - registered real estate appraiser assistant or as a
licensed real estate appraiser in Ohio or while registered as a real estate
appraiser assistant or as a licensed real estate appraiser in another state so
long as that state's requirements to be a registered real estate appraiser
assistant or licensed real estate appraiser meet or exceed the requirements of
the AQB.
(5) Except as provided in paragraph (G)
of this rule, the one thousand five hundred hours of experience required in
paragraph (B)(1) of this rule achieved by any state-registered real estate
appraiser assistant must be under the supervision of an Ohio certified real
estate appraiser or any state certified real estate appraiser so long as that
state's requirements to be a state certified real estate appraiser meet or
exceed the requirements of the AQB. For a licensed residential real estate
appraiser seeking to become an Ohio certified residential real estate
appraiser, any experience that exceeds the scope of the residential real estate
appraiser license must be obtained while under the supervision of an Ohio
certified real estate appraiser or any state certified real estate appraiser in
another state so long as that state's requirements to be a state
certified real estate appraiser meet or exceed the requirements of AQB. A
certified appraiser who is supervising an applicant pursuant to this rule shall
be known as a supervisory appraiser as defined in paragraph (N) of this
rule.
(6) Experience obtained while a state -
registered real estate appraiser assistant must comply with paragraphs (A)(6),
(A)(7) and (A)(8) of this rule.
(7) Experience obtained while an Ohio
licensed real estate appraiser or as a licensed real estate appraiser in
another state shall be maintained in an appraisal log. At a minimum the
appraisal log must include:
(a) Date of report;
(b) Type of assignment;
(c) Address of subject property;
(d) Property type, residential or general;
(e) Capacity, field or review;
(f) Number of actual work hours by the state licensed real estate
appraiser on the assignment;
(g) If the experience is outside the scope of the
applicant's license, the log shall include the signature and state
certification number of the supervising appraiser with whom the applicant
jointly obtained such experience. The applicant and supervising appraiser shall
share responsibility to ensure the appraisal log is accurate, current and
complies with the requirements of this rule. Separate appraisal logs shall be
maintained for each supervising appraiser if applicable; and
(h) Description of work performed by the state licensed real
estate appraiser, the scope of the review performed by the supervising
appraiser and the level of supervision performed by the supervising
appraiser.
(C) An applicant seeking a state-certified general real estate
appraiser certificate shall:
(1) Certify under oath that the applicant
has acquired three thousand hours of experience in real estate appraisal, of
which at least fifty per cent (one thousand five hundred hours) must have been
acquired in connection with the appraisal of real estate other than the
appraisal of residential real estate consisting of one to four units,
and
(2) Furnish, under oath, a detailed
listing of the appraisal reports or file memoranda for each year for which
experience is claimed and, upon request of the superintendent or the board,
make available samples of appraisal reports prepared by the applicant in the
course of the applicant's practice.
(3) The three thousand hours of
experience required in paragraph (C)(1) of this rule must be achieved over a
period of not less than eighteen months immediately preceding the initial
filing of the application.
(4) The three thousand hours of
experience required in paragraph (C)(1) of this rule must be achieved either
while registered in Ohio as a state-registered real estate appraiser assistant,
a state licensed real estate appraiser or as a state certified residential real
estate appraiser or while registered as a real estate appraiser assistant, a
licensed real estate appraiser or as a certified residential real estate
appraiser in another state so long as that state's requirements to be a
registered real estate appraiser assistant, licensed real estate appraiser or
certified residential real estate appraiser meet or exceed the requirements of
the AQB.
(5) Except as provided in paragraph (G)
of this rule, the three thousand hours of experience required in paragraph
(C)(1) of this rule achieved by any state - registered real estate appraiser
assistant must be under the supervision of an Ohio certified real estate
appraiser or any state certified real estate appraiser so long as that
state's requirements to be a state certified real estate appraiser meet or
exceed the requirements of the AQB. For a licensed residential real estate
appraiser or a certified residential real estate appraiser seeking to become an
Ohio certified general real estate appraiser, any experience that exceeds the
scope of the residential real estate appraiser license or certificate must be
obtained while under the supervision of an Ohio certified general real estate
appraiser or any state certified general appraiser in another state so long as
that state's requirements to be a state certified general appraiser meet
or exceed the requirements of the AQB. A certified appraiser who is supervising
an applicant pursuant to this rule shall be known as a supervisory appraiser as
defined in paragraph (N) of this rule.
(6) Experience obtained while a
state-registered real estate appraiser assistant must comply with paragraphs
(A)(6), (A)(7) and (A)(8) of this rule.
(7) Experience obtained while registered
in Ohio as a state licensed real estate appraiser or as a state certified
residential real estate appraiser or while as a licensed real estate appraiser
or as a certified residential real estate appraiser in another state shall be
maintained in an appraisal log. At a minimum the appraisal log must
include:
(a) Date of report;
(b) Type of assignment;
(c) Address of subject property;
(d) Property type, residential or general;
(e) Capacity, field or review;
(f) Number of actual work hours by the state licensed or
certified residential real estate appraiser on the assignment;
(g) If the experience is outside the scope of the
applicant's license or certificate, the log shall include the signature
and state certification number of the supervising appraiser with whom the
applicant jointly obtained such experience. The applicant and supervising
appraiser shall share responsibility to ensure the appraisal log is accurate,
current and complies with the requirements of this rule. Separate appraisal
logs shall be maintained for each supervising appraiser if applicable;
and
(h) Description of work performed by the state licensed or
certified residential real estate appraiser, the scope of the review performed
by the supervising appraiser and the level of supervision performed by the
supervising appraiser.
(D) For purposes of this rule, acceptable appraisal experience
shall include, but is not limited to, the following:
(1) Appraisals;
(2) Appraisal
reviews;
(3) Appraisal consulting;
(4) Mass appraisals;
and
(5) "Practical Applications of Real Estate Appraisal"
(PAREA) programs approved by the AQB.
(E) For purposes of this rule, the acceptable appraisal
experience must be satisfied by time spent on the appraisal process. The
appraisal process consists of: analyzing factors that affect value; defining
the problem; gathering and analyzing data; applying the appropriate analysis
and methodology; arriving at an opinion and correctly reporting the opinion in
compliance with "Uniform Standards of Professional Appraisal
Practice."
(F) All acceptable appraisal experience must be obtained after
January 30, 1989. All experience must have been completed in compliance with
the uniform standards of professional appraisal practice, as adopted by the
"Appraisal Standards Board of the Appraisal Foundation" to be considered as
acceptable appraisal experience and the experience must demonstrate proficiency
in appraisal principles, methodology, procedures and reporting conclusions. All
experience involving a supervising appraiser must be obtained while the
supervising appraiser was acting within the scope of their certificate to be
considered as acceptable appraisal experience. Except as provided in paragraph
(G) of this rule, education shall not be substituted for experience
hours.
(G) Up to fifty per cent of the experience hours required
pursuant to this rule may be obtained for the actual number of hours worked on
non-client appraisals, provided:
(1) The experience is obtained as part of
a case study or practicum course that has been approved through the appraisal
qualifications board course approval program and the course provider certifies
the actual number of hours worked on appraisal development and reporting for
actual subject properties, or
(2) The experience is obtained as part of
a mentorship program that has been approved by the board and the mentor
certifies the actual number of hours worked on appraisal development and
reporting for actual subject properties.
(3) The experience
obtained in paragraph (G) of this rule must include the generally applicable
methods of appraisal practice for the license or certificate. Content includes
but is not limited to: requiring the student to produce credible appraisals
that utilize an actual subject property; performing market research, containing
sales analysis; and applying and reporting the applicable appraisal approaches
in conformity with uniform standards of professional appraisal practice.
Assignments must require problem solving skills for a variety of property types
for the license or certificate.
(H) Upon request of the superintendent or board, all applicants
must provide documentation in the form of reports, certifications, work files
or other evidence to support experience claimed.
(I) An applicant must meet the experience requirement set forth
in this rule prior to being seated for the examination.
(J) For purposes of this rule, a
supervisory appraiser shall be responsible for the training, guidance and
direct supervision of the registrant or the applicant by:
(1) Accepting
responsibility for the appraisal by signing and certifying the appraisal report
complies with uniform standards of professional appraisal
practice;
(2) Reviewing and signing
registrant or applicant's appraisal reports; and
(3) Personally inspecting
each appraised property with the registrant or applicant until the supervisory
appraiser determines the registrant or applicant is competent to inspect the
property in accordance with the competency rule of uniform standards of
professional appraisal practice.
(K) Supervisory appraisers must complete
a course that, at a minimum, complies with the specifications for course
content established by the AQB. Course content must meet the requirements found
in paragraph (K) of rule 1301:11-7-02 of the Administrative Code. The course
must be completed by the supervisory appraiser prior to supervising a
registrant. This paragraph applies only to supervisory appraisers beginning
their supervision of a registrant on or after January 1, 2015. Experience hours
obtained by a registrant will not be credited toward meeting this rule's
requirements until the supervisory appraiser has completed this course
described in this paragraph.
Supervisory appraisers must complete the
requirement described in paragraph (K) of this rule through distance education
as defined in paragraph (A) of rule 1301:11-7-03 of the Administrative Code or
through classroom hours of instruction. Distance education must satisfy the
requirements of paragraph (D) of rule 1301:11-7-01 of the Administrative Code
and distance education must be obtained from a nationally or state recognized
appraisal or real estate organization, a college or university, community or
junior college, a proprietary school, a state or federal commission or agency,
a provider approved by the superintendent or the real estate appraiser board,
or the appraisal foundation or its boards. Hours of instruction in a classroom
setting must be approved by the appraisal qualifications board of the appraisal
foundation, or obtained from a college or university, community or junior
college, a nationally or state recognized appraisal or real estate
organization, a proprietary school, a state or federal commission or agency, a
provider approved by the superintendent or the real estate appraiser board, or
the appraisal foundation or its boards.
(L) The registrant or applicant as well
as the supervisory appraiser shall be entitled to obtain copies of the
appraisal reports and be permitted appropriate access and retrieval
arrangements for all workfiles for appraisals in which he or she
participated.
(M) Supervisory appraisers must identify
the registrant that they supervise on a form prescribed by the superintendent.
The form must be completed, signed and received by the superintendent prior to
beginning any supervision of a registrant. A registrant is not eligible to
satisfy the experience requirements found in this rule until this form is
received by the superintendent.
If a supervisory appraiser or a registrant is
placed in inactive status, the registrant is no longer eligible to satisfy the
experience requirements found in this rule. If a supervisory appraiser or
registrant returns from inactive status to active status, a registrant may be
eligible to satisfy the experience requirements found in this rule provided a
form prescribed by the superintendent is completed, signed and received by the
superintendent indicating the resumption of the supervision. The resumption of
the supervision will be the date the superintendent receives this form.
Except for a supervisory appraiser or registrant
placed in inactive status, the superintendent must be notified on a form
prescribed by the superintendent when a supervisory appraiser no longer
supervises a registrant. This form shall include, among other things, the date
the supervision concluded. The effective date of the supervision concluding
will be the date the superintendent receives this form or the date identified
on the form, whichever is later. The registrant and the supervisory appraiser
shall share responsibility to ensure all forms required in this rule have been
received by the superintendent.
(N) A supervisory appraiser shall be a
state certified appraiser and in good standing for a period of at least three
years prior to being eligible to become a supervisory appraiser. A supervisory
appraiser shall not have been subject to any disciplinary action within any
jurisdiction within the last three years that affects the supervisory
appraiser's legal eligibility to engage in appraisal practice. A
supervisory appraiser subject to a disciplinary action would not be considered
to be in good standing until three years after the successful completion or
termination of the sanction imposed against the supervisory appraiser.
Supervisory appraisers must comply with the competency rule of uniform
standards of professional appraisal practice for the property type and
geographic location where the registrant is being supervised.
(O) Upon notice from the division of real
estate that an application is incomplete or incorrect as filed, the applicant
shall, within thirty days of the date of the last such notice, submit to the
division the additional requested information or the corrected application.
Failure to timely submit the additional requested information or the corrected
application shall constitute just cause for the superintendent to void the
application.
(P) PAREA programs approved by the AQB utilize simulated
experience training and serve as an alternative to the traditional
Supervisor/Trainee experience model. A full text of the AQB requirements for
PAREA is available in an electronic format at
https://appraisalfoundation.sharefile.com/share/view/s8918e2064c0a412cae15bcd79f98d25d.
Information regarding the AQB requirements may also be obtained by writing to
the following address - "Real Estate Appraiser Board, Division of Real
Estate and Professional Licensing, 77 South High Street, Columbus, Ohio
43215-6133," or accessing the division of real estate and professional
licensing website. Only PAREA programs approved by the AQB shall satisfy the
requirements of this rule. Participants successfully completing approved PAREA
programs will receive the following experience credit:
(1) For participants completing an approved licensed
residential PAREA program:
(a) Licensed residential
classification: up to one hundred per cent of the required experience
hours.
(b) Certified residential
classification: up to sixty-seven per cent of the required experience
hours.
(c) Certified general
classification: up to thirty-three per cent of the total required experience,
none of which is eligible towards the required non-residential hours.
(2) For participants completing an approved certified
residential PAREA program:
(a) Licensed residential
classification: up to one hundred per cent of the required experience
hours.
(b) Certified residential
classification: up to one hundred per cent of the required experience
hours.
(c) Certified general
classification: up to fifty per cent of the total required experience, none of
which is eligible towards the required non-residential hours.
