Conn. Agencies Regs. § 20-504-9

Current through October 16, 2024
Section 20-504-9 - Temporary practice; licensure or certification in another state
(a)Temporary practice
(1) An appraiser who is certified, state licensed, or provisionally licensed by the appraiser licensing agency or certifying agency in another state may register to receive temporary certification or temporary provisional licensure in this state by paying the appropriate fee and filing with the board a registration form approved by and obtained from the commission. The commission shall provide written notification of acceptance of the registration to the appraiser via mail, facsimile, electronic mail or other appropriate means not later than five days after receipt of the fee and a properly completed registration form.
(2) The temporary certification or temporary provisional license, as the case may be, shall be effective for six months from issuance and will apply to one appraisal assignment which will be specified in the application. The commission may grant one extension upon request of the appraiser if the appraiser is unable to complete the appraisal assignment within six months. One appraisal assignment means one or more real estate appraisals which have been contracted for in a single contract. Temporary certification and temporary provisional licensure are available to appraisers from all states unless a state's appraiser certifications or licenses are not recognized under FIRREA.
(b)Licensure or certification from other states
(1) Provisional Appraisers:
(A) Provisional applicants from other states may apply for a provisional license with the appropriate fee to the commission. Applicants shall submit proof of satisfactory completion of the required course work based upon Appraisal Qualifications Board (AQB) criteria.
(B) Provisional applicants shall have the sponsorship of an active Connecticut certified appraiser.
(2) Certified Appraisers:
(A) Certified applicants from other states may apply for an equivalent certification with the appropriate fee to the commission. Applicants shall have passed an AQB approved exam;
(B) Shall be AQB compliant; and
(C) Shall be in good standing on the National Registry of the Appraisal Subcommittee of the Federal Financial Institutions Examination Council.
(c)Credit for continuing education approved by another state

Currently practicing, competent real estate appraisers in another state applying for renewal or provisional licensing in the state of Connecticut shall satisfy the provisions of chapter 400g of the Connecticut General Statutes and sections 20-504-1 to 20-504-12, inclusive, of the Regulations of Connecticut State Agencies, except that such appraisers may submit continuing education courses or seminars that have been approved by the issuing authority for consideration by the commission as equivalent continuing education, provided that the total number of classroom hours submitted shall be consistent with the continuing education requirements. All appraisers shall comply with Connecticut's continuing education requirements, including the completion of the three (3) hour mandatory appraisal law course and the seven (7) hour USPAP update course as part of the required twenty eight (28) total hours of courses during each two (2) year continuing education cycle.

(d)Real estate appraisal reviewers certified in another state
(1) Real estate appraisal reviewers certified in another state and operating outside the state of Connecticut who are performing appraisal reviews regarding real estate located in Connecticut are not required to hold a Connecticut certification or temporary certification if such appraisal review does not entail an opinion or determination of value or involve field work within the state of Connecticut.
(2) Real estate appraisers licensed or certified in another state and performing appraisal reviews that do entail an opinion or determination of value or involve field work within the state of Connecticut are required to hold a valid Connecticut certification or provisional license that is appropriate for the work performed, which may include a temporary license.

Conn. Agencies Regs. § 20-504-9

Effective December 23, 1994; Amended October 15, 1999; Amended February 2, 2001; Amended December 7, 2004; Amended January 5, 2011; Amended December 9, 2015