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Maryland - U.S.A.

Real Estate Appraiser

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Maryland Flag - U.S.A.

Maryland Flag

  • Capital - Annapolis
  • Largest City - Baltimore
  • Area - 12,407 sq mi (42th largest state)
  • Became a state - April 28, 1788 (7th)
 
 

The Commission of Maryland Real Estate Appraisers and Home Inspectors licenses and regulates individuals in the state of Maryland. The Commission is in compliance with the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act (Title XI). The Commission regulates individuals under provisions of Business Occupations and Professions Article, Annotated Code of Maryland, Title 16 and the Code of Maryland Regulations, Title 9, Subtitle 19.

The Commission acts to protect the interests of the general public. Further, the Commission holds appraiser hearings, administers oaths, and issues subpoenas. Additional responsibilities of the Commission.

  • Takes depositions in the same manner as provided in civil cases in the State of Maryland.
  • Investigates complaints.

It is against the law to act as an appraiser without respective licensure. Violations of law may lead to a misdemeanor or felony charge.

The Maryland Commission consists 15 members appointed by the governor. Each member of the Commission is a citizen of the State of Maryland. The Maryland Real Estate Appraiser Commission is located in Baltimore, MD.

  • At least two are certified general appraisers.
  • Two are certified general, certified residential, or licensed appraisers.
  • Two are representatives of a financial institution who are not certified or licensed.
  • One is a licensed home inspector who is a member of the National Association of Home Inspectors.
  • One is a licensed home inspector who is a member of the American Society of Home Inspectors.
  • Two is a licensed home inspector without regard to affiliation with or membership is any society of association.
  • Five are consumer members.

The State of Maryland has 23 counties.

Allegany Anne Arundel  Baltimore Baltimore City  
Calvert Caroline Carroll Cecil
Charles Dorchester Frederick Garrett
Harford Howard Kent Montgomery
Prince George's Queen Anne's Somerset St. Mary's
Talbot Washington Wicomico Worcester

There are currently four classifications of Maryland real estate appraisers. Qualifications are set by the Appraiser Qualifications Board of The Appraisal Foundation.

  1. Trainee
  2. Licensed Appraiser
  3. Certified Residential Appraiser
  4. Certified General Appraiser

Please read the following for an overview of each.

1. Trainee

  • Minimum of 75 classroom hours of specific subjects.
  • 15 hours in respect to the Uniform Standards of Professional Appraisal Practice (USPAP).
  • Must work under the supervision of supervising certified individual.
  • A Trainee is learning to become a state licensed or certified appraiser.

2. Licensed Residential Appraiser

  • May perform an appraisal on non complex residential properties of one to four family units having a transaction value of less than $1,000,000.
  • May appraise complex residential properties of one to four units having a transaction value of less than $250,000.
  • May appraise commercial real estate having a transaction value of less than $250,000.
  • Minimum of 150 appraiser classroom hours of specific subjects.
  • 15 hours in respect to the Uniform Standards of Professional Appraisal Practice (USPAP).
  • Establish at least 2,000 hours of 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 licensed exam.

3. Certified Residential Appraiser

  • May perform an appraisal on residential properties of one to four family units without regard to transaction value.
  • May appraise commercial real estate having a transaction value of less than $250,000.
  • Minimum of 200 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 certified exam.

4. Certified General Appraiser

  • May perform appraisals on any type of residential or commercial property without regard to complexity or value.
  • Minimum of 300 classroom appraiser 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.
  • 1,500 of 3,000 appraiser experience hours must be non residential appraisal work.
  • Must have a Bachelor's degree or higher from an accredited institution or 30 semester hours in respective courses.
  • Pass the general exam.

All appraisal assignments are compliant with the Uniform Standards of Professional Appraisal Practice (USPAP).

If you would like to find a job as a Maryland Real Estate Appraiser, click here.

Maryland Appraiser - County Search U.S.A. - Real Estate

The Appraisal Process - Overview of the on-site inspection, report generation, and respective guidelines.