Source: http://lawfilesext.leg.wa.gov/law/wsr/2010/09/10-09-025.htm
Timestamp: 2020-04-06 22:50:13
Document Index: 314300406

Matched Legal Cases: ['§ 308', '§ 308', '§ 308', '§ 308', '§ 308', '§ 308', '§ 308', '§ 308', '§ 308', '§ 308']

WSR 10-09-025
[ Filed April 13, 2010, 11:28 a.m. , effective May 14, 2010 ]
Purpose: Correct education requirements for the general classification and clarify the requirements for acceptability of qualifying education courses.
Citation of Existing Rules Affected by this Order: Amending WAC 308-125-030 Examination prerequisite general classification and 308-125-050 Education courses -- Preexamination.
Statutory Authority for Adoption: RCW 18.140.030 (1), (7), (8), and (15).
Adopted under notice filed as WSR 10-06-105 on April 6 [March 3], 2010.
Date Adopted: April 13, 2010
OTS-3088.1
AMENDATORY SECTION(Amending WSR 06-06-069, filed 2/28/06, effective 4/1/06)
WAC 308-125-030 Examination prerequisite general classification. The general real estate appraiser classification applies to the appraisal of all types of real property.
(1) As a prerequisite to taking the examination for certification as a state-certified general real estate appraiser, an applicant shall present evidence satisfactory to the director that he/she has successfully completed not less than one hundred eighty classroom hours of qualifying education as approved by the director. Each applicant must successfully complete a thirty classroom hour course in the basic principles of real estate appraising and a fifteen classroom hour course in the Uniform Standards of Professional Appraisal Practice as part of the one hundred eighty classroom hours of course work: Provided, That effective November 1, 2007, the required number of classroom hours is three hundred in the following core modules:
(a) Basic appraisal principles, thirty hours.
(b) Basic appraisal procedures, thirty hours.
(c) The National USPAP course or equivalent, fifteen hours.
(d) General appraiser market analysis and highest and best use, thirty hours.
(e) Statistics, modeling and finance, fifteen hours.
(f) General appraiser sales comparison approach, thirty hours.
(g) General appraiser site valuation and cost approach, thirty hours.
(h) General appraiser income approach, sixty hours.
(i) General appraiser report writing and case studies, thirty hours.
(j) Appraisal subject matter electives, thirty hours.
(2) An original certification as a state-certified general real estate appraiser shall not be issued to any person who does not possess three thousand hours of appraisal experience obtained continuously over a period of not less than thirty months in Washington or in another state having comparable certification requirements.
(3) To fulfill the experience requirement, a candidate must have at least one thousand five hundred hours of nonresidential appraisal experience.
(4) Effective January 1, 2008, applicants for the certified general license must possess a bachelor's degree or higher in any field of study or, in lieu of the required degree, thirty semester credit hours covering the following subject matter courses:
(a) English composition;
(b) Principles of economics (micro ((or)) and macro);
(d) Algebra, geometry or, higher mathematics;
(e) Statistics;
(f) Introduction to computers: Word processing/spreadsheets;
(g) Business or real estate law; and
(h) Two elective courses in accounting, geography, agricultural economics, business management, or real estate;
as approved by the appraiser qualifications board and the director, in addition to the required qualifying core curriculum requirements.
[Statutory Authority: RCW 18.140.030 (1), (7), (8), and (15). 06-06-069, § 308-125-030, filed 2/28/06, effective 4/1/06. Statutory Authority: RCW 18.140.030(1). 97-02-004, § 308-125-030, filed 12/20/96, effective 1/20/97. Statutory Authority: RCW 18.140.030(1) and 18.140.090. 95-17-078, § 308-125-030, filed 8/21/95, effective 9/21/95. Statutory Authority: RCW 18.140.030(1). 93-17-020, § 308-125-030, filed 8/10/93, effective 9/10/93. Statutory Authority: RCW 18.140.030 (1)(14) and chapter 18.40 RCW. 92-18-018, § 308-125-030, filed 8/24/92, effective 9/24/92. Statutory Authority: RCW 18.140.030. 91-04-074, § 308-125-030, filed 2/5/91, effective 3/8/91.]
OTS-3089.1
WAC 308-125-050 Educational courses -- Preexamination. (1) To be accepted under WAC 308-125-030(1), 308-125-040(1), and 308-125-045(1), courses must:
(a) A correspondence course may be acceptable to meet classroom hour requirements only if each course meets the following conditions:
(i) The course has been presented by an accredited college or university which offers correspondence courses in other disciplines;
(ii) An individual successfully completes a written examination administered at a location by an official approved by the college or university; or
(iii) The content and length of the course meet the requirements for real estate appraisal-related courses established by the appraiser qualifications board and approved by the director.
(b) Video and remote television educational courses may be used to meet the classroom hour requirements only if each course meets the following conditions:
(i) The course has been presented by an accredited college or university which offers similar courses in other disciplines;
(c) An applicant shall not receive "dual credit" for courses that have the same or very similar content and are deemed comparable by the department, even if an applicant completes the courses through different course providers.
[Statutory Authority: RCW 18.140.030 (1), (7), (8), and (15). 06-06-069, § 308-125-050, filed 2/28/06, effective 4/1/06. Statutory Authority: RCW 18.140.030(1). 97-02-004, § 308-125-050, filed 12/20/96, effective 1/20/97; 93-17-020, § 308-125-050, filed 8/10/93, effective 9/10/93. Statutory Authority: RCW 18.140.030. 91-04-074, § 308-125-050, filed 2/5/91, effective 3/8/91.]