Cal. Code Regs. tit. 10 § 3541

Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 3541 - Minimum Experience Requirements
(a) To meet the minimum experience requirements, certified general applicants shall have a minimum of 3,000 hours of real property appraisal experience obtained cumulatively over a period of not less than 18 months. Of the 3,000 hours, certified general applicants must have a minimum of 1,500 hours of non-residential appraisal experience.
(b) To meet the minimum experience requirements, certified residential applicants shall have a minimum of 1,500 hours of real property appraisal experience obtained cumulatively over a period of not less than 12 months.
(c) To meet the minimum experience requirements, residential applicants shall have a minimum of 1,000 hours of real property appraisal experience obtained cumulatively over a period of not less than 6 months.
(d) A holder of a valid real estate broker license shall be deemed to have completed appraisal license application experience requirements upon substantiation that the license holder has accumulated 1,000 hours of experience in the valuation of real property.
(1) Appraisers licensed pursuant to subsection (d) who have not provided the Bureau with substantiation of the minimum 1,000 hours of real property appraisal experience are not in compliance with minimum AQB licensing criteria. Accordingly, such appraisers do not hold a federally recognized credential, are not authorized to perform federally related real estate appraisal activity as defined in Business and Professions Code section 11302(s) and will not be reported to ASC for inclusion on the National Registry.
(e) The following are requirements for appraisal experience:
(1) Only appraisals that conform to USPAP may be credited for purposes of meeting the minimum experience requirements; and
(2) Only appraisals performed for a business purpose (e.g., loans, litigation, etc.) may be credited for purposes of meeting the minimum experience requirements, except for experience gained through case studies and practicum programs that are approved by the AQB Course Approval Program or the Bureau. Experience credit shall be granted for the actual classroom hours of instruction and hours of documented research and analysis as awarded from the practicum program approval process.
(f) Applicants who successfully complete a Practical Applications of Real Estate Appraisal (PAREA) program approved by the AQB shall receive the following experience credit:
(1) After completion of an approved licensed residential PAREA program:
A. Licensed residential applicants shall receive 100 percent of the required experience hours.
B. Certified residential applicants shall receive 67 percent of the required experience hours.
C. Certified general applicants shall receive 33 percent of the total experience, none of which is eligible towards the required non-residential hours.
(2) After competition of an approved certified residential PAREA program:
A. Licensed residential applicants shall receive 100 percent of the required experience hours.
B. Certified residential applicants shall receive 100 percent of the required experience hours.
C. Certified general applicants shall receive 50 percent of the required experience hours, none of which is eligible towards the required non-residential hours.
(3) For purposes of this section, the following terms are defined as:
A. "Licensed residential" means a residential level license.
B. "Certified residential" means a certified residential level license.
C. "Certified general" means a certified general level license.
(4) Only appraisals performed for a business purpose (e.g., loans, litigation, etc.) may be credited for purposes of meeting the minimum experience requirements, except for experience gained through PAREA programs that are approved by the AQB.
(g) Each applicant shall meet those requirements established by the AQB.
(h) The Bureau will randomly audit AQB-approved or Bureau-approved practicum programs and PAREA programs to ensure appraisal compliance with USPAP and may provide suggestions to the practicum program or PAREA program if any USPAP noncompliance is identified.

Cal. Code Regs. Tit. 10, § 3541

Note: Authority cited: Sections 11313, 11314 and 11340, Business and Professions Code. Reference: Section 11340, Business and Professions Code.

Note: Authority cited: Sections 11313, 11314 and 11340, Business and Professions Code. Reference: Section 11340, Business and Professions Code.

1. Renumbering and amendment of former section 3510 to new section 3541 and renumbering of former section 3541 to new section 3681 filed 11-1-96; operative 11-1-96 pursuant to Government Code section 11343.4(d) (Register 96, No. 44). For prior history, see Register 94, No. 23.
2. New section filed 11-1-96; operative 1-1-98 (Register 96, No. 44).
3. Editorial correction of italicized heading and History 1 (Register 96, No. 48).
4. Amendment of subsection (c), repealer of subsection (e), subsection relettering and new subsection (f) filed 8-8-2006; operative 9-7-2006 (Register 2006, No. 32).
5. Deletion of text that expired by operation of law December 31, 1997 and consolidation and renumbering of histories (Register 2006, No. 32).
6. New subsection (d)(1) filed 8-24-2010; operative 9-23-2010 (Register 2010, No. 35).
7. Change without regulatory effect amending subsection (d)(1) filed 2-11-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 7).
8. Change without regulatory effect amending subsection (d)(1) filed 4-23-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 17).
9. Amendment of subsections (a)-(c) filed 3-20-2018; operative 7/1/2018 (Register 2018, No. 12).
10. Amendment filed 2-19-2020; operative 4/1/2020 (Register 2020, No. 8).
11. Amendment of subsections (a), (d) and (e)(2), new subsections (f)-(f)(4) and (h) and subsection relettering filed 1-3-2024; operative 1/3/2024 pursuant to Government Code section 11343.4(b)(3) (Register 2024, No. 1).