|State Licensed Real Estate Appraiser||$355*||2 years|
|State Certified Residential Real Estate Appraiser||$355*||2 years|
|State Certified General Real Estate Appraiser||$355*||2 years|
|State Licensed Real Estate Appraiser Assistant||$275**||2 years|
What are the educational requirements?
Courses are listed in the Real Estate Appraiser Law book, 19 NYCRR Part 1103. It is recommended that residential courses be taken sequentially.
What are the continuing education requirements?
All real estate appraisers and assistants are required to successfully complete 28 hours of approved appraiser continuing education courses, which must include the seven-hour National USPAP update course, within their two-year license/certification period prior to renewal.
State Licensed Real Estate Appraiser 2,000 hours of experience over a period of not less than 24 months is required, 75% (1,500 hours) of which must be from appraisals of residential properties listed on the Appraisal Experience Report (Attachment C).
State Certified Residential Appraiser
2,500 hours of experience over a period of not less than 24 months is required, 75% (1,875 hours) of which must be from appraisals of residential properties listed on the Appraisal Experience Report (Attachment C). Residential experience must contain experience in single family (including single co-op or condo), two-four family, or other residential experience (vacant lot/farm). 80% (1,500 hours) of the residential experience must be in the single family category. 10% (187.5 hours) of the residential experience must be in each of the two remaining categories.
State Certified General Appraiser
3,000 hours of experience over a period of not less than 30 months is required, 75% (2,250 hours) of which must be from appraisals of general properties listed on the Appraisal Experience Report (Attachment C). General experience must contain experience in multi-family, commercial/industrial, or other (land/manufacturing/institutional). 60% (1,350 hours) of the general experience must be in one of the above categories. 20% (450 hours) of the general experience must be in each of the two remaining categories.
Note: Experience must be obtained within the five-year period prior to submission of your application. To assure consistency and fairness in evaluating appraisal experience, the Department of State will use an "hourly system" that will serve as a guideline. The hourly system takes into consideration the number and type of appraisals performed and hours worked (including travel). However, applicants who claim mass appraisal experience have a waiver of the five-year rule if they apply for licensure or certification before January 1, 2001.
Do I have to provide experience documentation at the time of application?
No. However, applicants may be asked to verify claimed experience following initial licensure/certification. Therefore, you must have documentation in your possession to support all "claimed experience."
- Standard Appraisals:
If you performed at least 75% of the work associated with an appraisal (including preparation of the appraisal report), you will receive full credit for that appraisal, even if your work was reviewed by a supervising appraiser who signed the appraisal report. You must complete Attachments C and D. of the application
- Review Appraisals:
If you performed a "review appraisal," whether defined as a "field review" or a "documentary review" or a combination of both, you will receive 25% of the hours normally assigned for that appraisal. You must complete Attachments C and D of the application.
- Note: Review Appraisals may be used for qualifying experience credit only up to a maximum of 25% of the required hours.
Class Required Experience Maximum Credit Allowed for Appraisal Review State Licensed Real Estate Appraiser 2,000 hours 500 hours State Certified Residential Appraiser 2,500 hours 625 hours State Certified General Appraiser 3,000 hours 750 hours
- Mass Appraisal Experience:
In accordance with 19 NYCRR 1102.7 in the Real Estate Appraisal Law Book, applicants for licensure/certification may receive credit for mass appraisal experience. Please refer to and complete Attachment E of the application.
- Market value estimates as a real estate licensee in connection with the listing and/or sale of real estate (i.e., "comparative market analysis") are unacceptable.
- Business appraisals are unacceptable. (Credit will be given for appraisals of individual parcels of commercial real estate.)
- Personal property appraisals are unacceptable.
- Feasibility or market analysis is unacceptable, except to the extent that the "market value" of a proposed real estate project is being estimated
State Licensed Real Estate Appraiser Assistant applicants must do the following:
- File an appraiser application with the $275 fee,
- Meet the minimum education requirements of a State Licensed Real Estate Appraiser,
- Be supervised in the conduct of their services by a New York State licensed or certified appraiser who must cosign any appraisal report involving a federally related transaction over the deminimus level, and
- Utilize the same Uniform Standards of Professional Appraisal Practice as a state licensed or certified appraiser.
Upon satisfaction of the application requirements of the Department of State, the Department will issue a renewable 2-year State Licensed Real Estate Appraiser Assistant license.
Should an appraiser assistant acquire experience for licensed or certified appraiser, his or her application must comply with whatever examination and education requirements exist for that category at that time.
Yes, with the exception of Appraiser Assistants. An applicant may be certified/licensed in New York State without examination and further qualification if the applicant provides proof and is certified/licensed in another state or territory:
- Whose program has been officially endorsed by the Federal Appraisal Subcommittee.
- Whose examination has been approved by the Appraiser Qualification Board of the Appraisal Foundation.
- Who has licensing and certification qualification requirements that meet or exceed those of New York State.
Reciprocity applicants must submit the following:
- An "Irrevocable Consent" form, if nonresident
- A completed appraiser application (p. 5) and Attachment G with $300 (application and federal registration fee)
The term for a reciprocal license/certification is 2 years.
On occasion, a nonresident appraiser may wish to conduct business of a temporary nature in New York State. The applicant may be issued a temporary license/certificate to perform appraisals in New York State if the applicant is certified/licensed in another state or territory:
- whose program has been officially endorsed by the Federal Appraisal Subcommittee.
- whose examination has been approved by the Appraiser Qualification Board of the Appraisal Foundation.
Nonresident temporary applicants must submit the following:
- A certification from the state agency in which they are currently licensed/certified, indicating current status as an appraiser in good standing
- An "Irrevocable Consent" form
- A completed appraiser application (p. 5) and Attachment G with $125 application fee
NOTE: Applicants May Not Maintain an Office that Provides Appraisal Services to Clients in New York State.
The term is for one year and cannot be renewed.
I am a licensed real estate appraiser. Am I required to identify my license status on an appraisal report or contract?
Real property appraisal activities, including the appraisal report and contract for services, must include the title, "State Certified Residential Real Estate Appraiser," "State Certified General Real Estate Appraiser," or "State Licensed Real Estate Appraiser," as appropriate. Additionally, the certification or license number of the appraiser must be set forth adjacent to or immediately below such title. (Section 160-r of the Executive Law)
How do I renew my real estate appraiser license/certification?
The renewal application is posted to the appraiser approximately three months prior to the expiration of his or her license/certification. The application must be completed and submitted with a $330 fee to the Department of State. Instructions for proper submission are included with the renewal application. To avoid an additional $200 penalty fee, the renewal must be received by this office no later than 30 days after the expiration date of your current license/certification.
Additionally, all real estate appraisers and assistants are required to successfully complete 28 hours of approved appraiser continuing education courses which must include the seven-hour national USPAP upddate course, within their two-year license/certification period prior to renewal.
What if it has been more than two years since my last license/certification expired?
If it has been more than two years since the expiration of the applicant's last license, the applicant must file a new application, meet the current qualifying education requirements, meet the current experience requirements, and pass the appropriate appraiser examination.
Note: Qualifying experience can never be more than 5 years old. See 19 NYCRR §1102.1.