As of the date the application is filed with the Board, the equivalent of three thousand (3000) hours of appraisal experience is necessary for approval of a license for the Certified General Real Property classification. Experience shall be recorded on the log contained in the application. The log must contain all appraisals the applicant has signed or is entitled to claim for experience credit, beginning with the most recent appraisals (up to and including the date the application is filed with the Board) and going back, up to 5 years, until the required number of experience hours is documented. Evaluation assignment reports shall not be included on the log of appraisal report assignments. Applicants may claim the full experience credit allowed for an appraisal, regardless of the number of signing appraisers. In evaluation of experience credit offered as qualifying experience under Code of Ala. 1975, § 34-27A-11, the Board will take into consideration the following:
1. | Apartments | |
5-20 units 21-100 units over 100 units | 40 hours 80 hours 100 hours | |
2. | Hotels/Motels | |
50 or fewer units 51-150 units over 150 units | 60 hours 80 hours 100 hours | |
3. | Meeting, conference or auditorium | |
20,000 square feet or less over 20,000 square feet | 50 hours 60 hours | |
4. | Industrial or warehouse building | |
20,00 square feet or less | 40 hours | |
over 20,000 square feet | 80 hours | |
over 100,000 square feet and multiple tenant | 100 hours | |
5. | Office Buildings | |
10,000 square feet or less | 60 hours | |
10,001 square feet or less | 80 hours | |
10,001 square feet or more and multiple tenants | 100 hours | |
6. | Condominium residences with income Approach to value | |
5 to 30 units | 60 hours | |
7. | Retail Buildings | |
10,000 square feet or less | 60 hours | |
over 10,000 square feet, single tenant | 80 hours | |
over 50,000 square feet and multiple tenants | 100 hours | |
8. | Acreage of non-residential land for Commercial or multiple family use | |
Less than 10 acres | 30 hours | |
100 acres or more | 60 hours | |
100 acres or more with income approach to value | 80 hours | |
9. | Timber or farm acreage | |
100 to 200 acres | 30 hours | |
over 200 acres | 60 hours | |
over 200 acres with income approach to value | 80 hours | |
10. | All other unusual structures or which are much larger or more complete than the typical properties described herein described herein items (1)-(9) | submitted to committee for determination 50 to 150 hours |
11. | Reviews of appraisals shall be worth 20% of the hours awarded to the appraisal. | |
12. | Restricted appraisal reports shall not exceed 25% of required experience hours. | |
13. | No more than 40% of the cumulative hours may be earned from any one category items (1)-(10). The applicant may request the waiver of this requirement for unique depth experience in a single area. | |
14. | Pasture or Grazing Enterprises | |
25-50 acres | 10 hours | |
50-100 acres | 20 hours | |
100-500 acres | 30 hours | |
500-2,000 acres | 60 hours | |
2,000 acres or more | 80 hours | |
15. | Row Crop Enterprises | |
25-50 acres | 20 hours | |
50-100 acres | 30 hours | |
100-500 acres | 40 hours | |
500-2,000 acres | 60 hours | |
2,000 acres or more | 100 hours | |
16. | Orchard, Vineyard, and Plant | |
Nursery Enterprises | ||
0-50 acres | 20 hours | |
50-100 acres | 40 hours | |
100-500 acres | 50 hours | |
500-2,000 acres | 80 hours | |
17. | Aquaculture Enterprises | |
0-50 acres | 20 hours | |
50-100 acres | 60 hours | |
100-500 acres | 80 hours | |
500-2,000 acres | 100 hours | |
18. | Truck Farm Enterprises | |
0-50 acres | 20 hours | |
50-100 acres | 40 hours | |
100-500 acres | 60 hours | |
500-2,000 acres | 80 hours | |
19. | Dairy Enterprises | |
0-50 cow milking herd | 40 hours | |
50-100 cow milking herd | 60 hours | |
100 and over cow milking herd | 80 hours | |
20. | Diversified agricultural operations of over 500 acres involving two or more of the above enterprises; assuming multiple disciplines are exhibited in the report. | 100 hours |
21. | Specialized agricultural properties | submitted to committee for determination |
22. | Timber and Timber Land Appraisals | |
40-100 acres | 20 hours | |
100-500 acres | 30 hours | |
500-2,000 acres | 50 hours | |
2,000-10,000 acres | 70 hours | |
Over 10,000 acres | submitted to committee for determination | |
23. | No more than 40% of the cumulative hours may be earned from any one category (items 16-24). The applicant may request a waiver of this requirement for unique depth of experience in a single area. |
Ala. Admin. Code r. 780-X-6-.05
Author: Alabama Real Estate Appraisers Board
Statutory Authority:Code of Ala. 1975, § 34-27A-11.