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The Commission of Maryland Real Estate Appraisers and Home Inspectors licenses and regulates respective individuals in the state of Maryland. The Maryland Appraiser Commission is in compliance with the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act (Title XI). The Maryland Real Estate Appraiser Commission regulates appraiser 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 Maryland Real Estate Appraiser 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 Real Estate Appraiser 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 a Maryland real estate appraiser without respective licensure. Violations of law may lead to a misdemeanor or felony charge.
The Maryland Real Estate Appraiser Commission consists 15 members appointed by the governor. Each member of the Maryland Real Estate 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 real estate appraisers.
- Two are certified general appraisers, certified residential appraisers, or licensed real estate appraisers.
- Two are representatives of a financial institution who are not certified or licensed Maryland real estate appraisers.
- 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. The qualifications for the Maryland Real Estate Appraiser are set by the Appraiser Qualifications Board of The Appraisal Foundation.
- Trainee Real Estate Appraiser
- Licensed Residential 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
- Minimum of 75 appraiser 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 appraiser.
- A Maryland Real Estate Appraiser Trainee is learning to become a state licensed or certified appraiser.
2. Licensed Residential Real Estate 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 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 Maryland Real Estate Appraiser Licensed exam.
3. Certified Residential Real Estate 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 appraiser 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 Maryland Real Estate Appraiser Certified exam.
4. Certified General Real Estate 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 Maryland Real Estate Appraiser General exam.
All Maryland real estate appraiser 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 Real Estate Appraiser Search
The Appraisal Process -
Overview of the on-site inspection, report generation, and respective guidelines. |
