Mississippi Administrative Code › Title 30 - Professions and Occupations › Part 1501 - Mississippi Real Estate Appraiser Licensing and Certification Board › Chapter 3 - Requirements for Licensing and Certification; Examinations; Fees › Rule 30-1501-3.2 - Requirements to Qualify as a State Certified Residential Real Estate Appraiser

Current through June 25, 2024
1. Qualifying
				Education: Applicants for the State Certified Residential real estate appraiser
				credential must meet all education requirements established by the AQB.
2. Appraisers holding a State
				Certified General real estate appraiser credential satisfy the educational
				requirements for the State Certified Residential real estate appraiser
				credential.
*Note: The Mississippi Appraisal Board requires that all
				  individuals who apply for the Certified Residential real estate appraiser
				  credential must have completed the 15-hour National USPAP course within sixty
				  (60) months of making their application.
3. Experience: All applicants must meet all
				experience requirements established by the AQB. Fifty (50) percent of the
				required experience hours as established by the AQB must be in residential
				appraisal work. While the hours may be cumulative, the required number of
				months must accrue before an individual can be certified. Applicants must list
				identifying terminology for each appraisal which is being used to develop the
				total number of hours being claimed. These appraisals must be made available to
				the Board should they desire to review them in order to verify the experience
				being claimed by an applicant. Copies of two (2) appraisal reports, to be
				chosen by the Board from the experience log that is submitted with the
				application, must be submitted for review prior to being allowed to sit for the
				examination. If necessary, to verify compliance with the experience
				requirement, other reports may be requested for review by the Board.
*Note: The Ethics Rule, Confidentiality section of USPAP,
				  allows the submission of appraisal reports for review by a state license
				  regulatory agency without obtaining permission from the client to release
				  confidential information.
4. Examination: All applicants must pass the
				Appraiser Qualification Board approved Certified Residential Real Property
				Appraiser Examination. The only alternative to successful completion of the
				Certified Residential Real Property Appraiser Examination is the successful
				completion of the Certified General Real Property Appraiser Examination. An
				applicant will be instructed to contact the State approved Testing Provider and
				establish an examination date which will allow the examination to be completed
				within three (3) months of their application being approved by the Appraisal
				Board. The examination will consist of multiple-choice questions from a
				question bank and applicants will be allowed four (4) hours to complete the
				examination while using a silent calculator. The Appraisal Qualifications Board
				approved examination will include questions concerning the Uniform Standards of
				Professional Appraisal Practice (USPAP). There is no limitation to the number
				of attempts that an approved applicant may take in order to pass the Certified
				Residential Real Property Appraiser
Examination, but the examination must be passed within three
				  (3) months of the applicant being approved for testing by the Appraisal Board.
				  For those applicants who pass the Certified Residential Real Property Appraiser
				  Examination, the results of the examination may be used to qualify for the
				  credential for a time period of twenty-four (24) months. If the applicant does
				  not pass the Certified Residential Real Property Appraiser Examination within
				  three (3) months of their application being approved by the Board, they shall
				  be ineligible for a similar examination until after the expiration of six (6)
				  months from the date such applicant was last eligible to take the examination,
				  and then only upon making full application as in the first instance and meeting
				  all requirements for application that are in effect at the time of re-applying.
NOTE: Applicants must complete all Qualifying Education
				  requirements and all work experience requirements prior to making an
				  application for the Certified Residential Real Property Appraiser Examination.
An applicant must also schedule a testing date and pass the
				  Mississippi State specific portion of the examination within sixty (60) days of
				  passing the Appraisal Qualification Board approved Certified Residential Real
				  Property Appraiser Examination. The State examination will consist of
				  multiple-choice questions referencing the Mississippi Real Estate Appraiser
				  Licensing and Certification Act and the Administrative Rules and Regulations of
				  the Mississippi Appraisal Board. It will also include questions concerning the
				  Uniform Standards of Professional Appraisal Practice (USPAP). Applicants will
				  be allowed two (2) hours to complete the State examination and may use a silent
				  calculator. An applicant is allowed two (2) opportunities to pass the
				  examination. Any applicant who fails to pass the State examination upon two (2)
				  occasions shall be ineligible for a similar examination until after the
				  expiration of six (6) months from the date such applicant last took the
				  examination, and then only upon making a full application as in the first
				  instance and meeting all requirements for application in effect at the time of
				  re-applying. The State Examinations are administered by the Appraisal Board
				  Staff and the applicant will be notified of the available examination dates
				  after the application has been approved and the necessary requirements
				  satisfied.
Miss. Code Ann.
				  §§
										73-34-9(1)(a)(b)(c),
				  73-34-9(1)(i),
				  73-34-9(2)(f)(g)(j),
				  73-34-21,
				  73-34-45