Florida Appraisal License

House Clip ArtFlorida has three appraiser catagories. Registered Trainee, Certified Residential, and Certified General Appriaser. 

Trainee- A person registered by the department as qualified to perform appraisal services only under the direct supervision of a licensed or certified appraiser. A registered trainee appraiser may accept appraisal assignments only from her or his primary or secondary supervisory appraiser, and may only take payment for appraisal services directly from the supervisor.

Certified Residential- A Certified Residential Appraiser means a person who is certified by the department as qualified to issue appraisal reports for residential real property of one to four residential units, without regard to transaction value or complexity, or real property as may be authorized by federal regulation.

Certified General- A Certified General Appraiser means a person who is certified by the department as qualified to issue appraisal reports for any type of real property.

The Florida Real Estate Appraisal Board (FREAB) is headquartered in Orlando and consists of seven members. The FREAB administers and enforces the real estate appraiser license law, Chapter 475, Part II, Florida Statutes. The Board is also empowered to pass rules that enable it to implement its statutorily authorized duties and responsibilities.

The Appraiser Qualifications Board (AQB) is an independent board of The Appraisal Foundation. The AQB is composed of at least five practicing appraisers who are appointed by the Foundation’s Board of Trustees for three-year terms. Under the provisions of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), the AQB establishes the minimum education, experience and examination requirements for real property appraisers to obtain a state certification. In addition, the AQB performs a number of ancillary duties related to real property and personal property appraiser qualifications.

Examination

All applicants for appraisal certification must successfully complete two exams:The Florida Supplemental examination with a passing grade of 75 percent or higher, and the Residential National Exam or the General National Exam (score as determined by the Appraisal Qualifications Board (AQB).)   An approved vendor, Pearson Vue, administers all exams for appraiser applicants. There are various testing centers throughout Florida. Once the application is approved, the applicant will receive notification from Pearson Vue with instructions on how to schedule an examination.

The examination will consist of questions to demonstrate that he or she possess a knowledge of technical terms commonly used in real estate appraisal; an understanding of the principles of land economics, real estate appraisal processes, reliable sources of appraising date, and problems likely to be encountered in the gathering, interpreting, and processing of date in carrying out appraisal disciplines; an understanding of the standards for the development and communication of real estate appraisals; an understanding of the types of misconduct for which disciplinary proceedings may be initiated against a licensed or certified appraiser, as set forth in law; and knowledge of the theories of depreciation, cost estimating, methods of capitalization, and the mathematics of real estate appraisal that are appropriate for the level of licensure or certification sought.

Upgrade

An individual who is registered, licensed, or certified as a residential appraiser under Florida Statutes may upgrade to a higher level. Under the Appraiser Qualifications Board (AQB) 2008 Criteria anyone upgrading their credential to a certified residential appraiser must show at least 2,500 hours of residential experience.  To upgrade to certified general appraiser must show at least 3,000 hours of experience, of which 1,500 hours must be non-residential experience. The experience you list on the log pages will be audited prior to approval of the application and exam eligibility.

Include with the application a photocopy of current registration, license or certification and proof of successful completion of the required education requirements for the designation you seek.