|
The Louisiana Real Estate Appraiser Board is responsible for administering an regulating the real estate appraiser licensing and certification program. It acts to protect the general public through Louisiana Real Estate Appraiser Law and the Rules and Regulations of the Board. The Louisiana Real Estate Appraiser Board is in compliance with the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act (Title XI). No individual other than a Louisiana real estate appraiser can use title or show the impression of being licensed as a Louisiana real estate appraiser. Additional responsibilities of the Louisiana real estate appraiser include.
- The authority to administer Louisiana appraiser regulations.
- Investigate allegations of wrongdoing.
- Perform other functions and duties as needed.
Any person or organization, may file a written complaint alleging Louisiana Real Estate Appraiser possible violations. It is against the law to act as a Louisiana real estate appraiser without respective licensure. Violations of law may lead to a misdemeanor or felony charge.
The Louisiana Real Estate Appraiser Board consists of Nine members. The Board members are appointed by the governor. The Louisiana Real Estate Appraiser Board is located in Baton Rouge, LA.
- One member has been involved in real estate lending for a period of no less than 5 years.
- At least four members are General Louisiana Real Estate Appraisers.
- The remainder are Louisiana Real Estate Appraisers engaged in the general practice of real estate appraising.
The State of Louisiana has 64 parishes.
| Acadia |
Allen |
Ascension |
Assumption |
| Avoyelles |
Beauregard |
Bienville |
Bossier |
| Caddo |
Calcasieu |
Caldwell |
Cameron |
| Catahoula |
Claiborne |
Concordia |
DeSoto |
| East
Baton Rouge |
East
Carroll |
East
Feliciana |
Evangeline |
| Franklin |
Grant |
Iberia |
Iberville |
| Jackson |
Jefferson |
Jefferson |
Lafayette
Consolidated |
| Lafourche |
LaSalle |
Lincoln |
Livingston |
| Madison |
Morehouse |
Natchitoches |
Orleans |
| Ouachita |
Plaquemines |
Pointe |
Rapides |
| Red
River |
Richland |
Sabine |
St.
Bernard |
| St.
Charles |
St.
Helena |
St.
James |
St.
John The Baptist |
| St.
Landry |
St.
Martin |
St.
Mary |
St.
Tammany |
| Tangipahoa |
Tensas |
Terrebonne |
Union |
| Vermilion |
Vernon |
Washington |
Webster |
| West
Baton Rouge |
West
Carroll |
West
Feliciana |
Winn |
There are currently three classifications of licenses as a Louisiana real estate appraiser. The qualifications for Louisiana Real Estate Appraiser are set by the Appraiser Qualifications Board of The Appraisal Foundation.
- Trainee Real Estate Appraiser
- Certified Residential Real Estate Appraiser
- Certified General Real Estate Appraiser
Please read the following for an overview of each.
1. Trainee Real Estate Appraiser
- Prior to receiving the Louisiana Real Estate Appraiser Licensed or Certified designation, an individual must complete a minimum of 75 classroom hours of specific course study.
- A Louisiana real estate appraiser Trainee is permitted to have more than one supervising appraiser.
- The scope of work for the Louisiana real estate appraiser trainee is limited to the appraisal of those properties that the supervising appraiser is licensed to appraise.
- A Trainee Louisiana Real Estate Appraiser is an individual engaged in the practice of real estate appraisal who is being taught to become a state licensed or certified appraiser.
2. Certified Residential Real Estate Appraiser
- May perform an appraisal on residential one to four family units without regard to transaction value or complexity.
- Minimum of 120 classroom hours of specific subjects.
- 15 hours in respect to the Uniform Standards of Professional Appraisal Practice (USPAP).
- Establish at least 2,500 hours of appraiser experience over a minimum 24 month period.
- Must have an Associate's degree or equivalent from an accredited institution or 21 semester hours in respective classes.
- Pass the Louisiana Real Estate Appraiser Certified exam.
3. Certified General Real Estate Appraiser
- May perform an appraisal on any types of real estate.
- Minimum of 180 classroom hours of specific subjects.
- 15 hours in respect to the Uniform Standards of Professional Appraisal Practice (USPAP).
- Establish at least 3,000 hours of appraiser experience over a minimum 30 month period.
- Must have a Bachelor's degree or higher from an accredited institution or 30 semester hours in respective courses.
- Pass the Louisiana Real Estate Appraiser General exam.
All Louisiana real estate appraiser assignments must be in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP).
A Louisiana real estate appraiser must have specific skills to include knowledge of technical terms commonly used in real estate appraising, adequate knowledge of theories of depreciation, and cost estimating. Additional skills that the Louisiana real estate appraiser has.
- Understanding of the principles of land economics.
- Real estate appraisal processes.
- Basic understanding of real estate law.
- Understanding of types of appraiser misconduct for possible disciplinary actions.
If you would like to find a job as a Louisiana Real Estate Appraiser, click here.
Louisiana Real Estate Appraiser Search
The Appraisal Process -
Overview of the on-site inspection, report generation, and respective guidelines. |
