|
The Arizona Real Estate Appraiser Board (Arizona Board of Appraisal) is governed by Arizona Revised Statutes Chapter 36 and the Arizona Administrative Code Title 4, Chapter 46. As stated in the Arizona Board of Appraisal mission statement, the board acts "to promote quality real estate appraisal in Arizona that protects the health, safety, and welfare of the public." This is accomplished by ensuring that all Arizona real estate appraisers meet the education, experience and examination criteria established by the Appraiser Qualifications Board of The Appraisal Foundation.
Additional responsibilities of the Arizona Real Estate Appraiser Board include:
- Registering of property tax agents.
- Acts as a disciplinary body to ensure conformity with the statutes, rules and regulations governing the Board.
The Board consists of nine members who are appointed by the governor pursuant to section 38-211. Members serve for staggered terms of three years and include:
- Four members, to include one state certified or state licensed appraiser, one state certified general appraiser, one state certified residential appraiser, and one state licensed appraiser.
- Three public members who are not related within the third degree of consanguinity or affinity to any real estate appraiser.
- A registered property tax agent.
- One member employed by a lending institution who is not a certified or licensed appraiser.
Board members are appointed by the governor and confirmed by the senate.
Arizona has 15 counties. They are:
Apache |
Cochise |
Coconino |
Gila |
Graham |
Greenlee |
La
Paz |
Maricopa |
Mohave |
Navajo |
Pima |
Pinal |
Santa
Cruz |
Yavapai |
Yuma |
|
There are three classifications of Arizona real estate appraisers. They are:
- Certified General Real Estate Appraiser
- Certified Residential Real Estate Appraiser
- Licensed Real Estate Appraiser
Please read the following for a summarization of each.
1. General Real Estate Appraiser
- May appraise all types of real property.
- Must have 300 qualifying course hours.
- At least a bachelors degree, or higher, or 30 semester hours in specific courses, to include English, economics, and finance.
- Must have 3,000 hours of appraisal experience in not less than 30 months, to include 1,500 hours in nonresidential appraisals.
- Experience must have been acquired within 10 years immediately preceding the filing of the application for certification.
2. Residential Real Estate Appraiser
- May appraise one to four residential units without regard to value or complexity.
- Must have 200 qualifying course hours.
- At least an associate degree, or higher, or 21 semester hours in specific courses, to include English, statistics, and law.
- Must have 2,500 hours of appraisal experience in not less than 24 months, to include not less than two multi-family.
- Experience must have been acquired within 10 years immediately preceding the filing of the application for certification.
3. Licensed Real Estate Appraiser
- May appraise noncomplex one to four residential units having a value of less than $1,000,000 and complex one to four residential units having a value of less than $250,000.
- Must have 150 qualifying course hours.
- Must have 2,000 hours of appraisal experience in not less than 18 months, to include not less than two multi-family.
- Experience must have been acquired within 10 years immediately preceding the filing of the application for certification.
An Arizona real estate appraiser Trainee is an individual engaged in the practice of real estate appraisal who is being taught to become a state licensed or certified appraiser under the direct supervision of a supervising appraiser.
- Must work in the same geographic area as supervising appraiser.
- Appraisal report must be signed by the supervising appraiser.
- Certified real estate appraiser must accept full responsibility for respective appraisal report.
- Must keep a log of each appraisal assignment. Information recorded to include but limited to, type of property, date of report, and property description
All appraisal work must be in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP).
If you would like to find a job as a Arizona real estate appraiser, click here.
Arizona
Real Estate Appraiser Search
The Appraisal Process -
Overview of the on-site inspection, report generation, and respective guidelines. |