Tenn. Comp. R. & Regs. 0600-04-.07

Current through October 22, 2024

Section 0600-04-.07 - ASSESSMENT LEVEL V (TMA) - CERTIFICATION REQUIREMENTS

(1) In addition to completing all general requirements established in Rule 0600-04-.02 above, a candidate for Level V (TMA) certification must provide evidence that the candidate has met one (1) or more of the following requirements:

(a) The candidate:

1. Has completed all Level I, Level II, Level III (TCA), and Level IV requirements established under Rules 0600-04-.03, 0600-04-.04, 0600-04.05, and 0600-04-.06 above;

2. Has at least four (4) years of full-time experience in the field of property assessments for ad valorem tax purposes by a state, county, or municipal government agency; and

3. Received a passing grade on the examination for IAAO Course 112 - Income Approach to Valuation II; or

(b) The candidate:

1. Maintains a State Certified General Real Estate Appraiser certification through the Tennessee Real Estate Appraiser Commission, as evidenced by a current certificate and letter of good standing issued by the Tennessee Real Estate Appraiser Commission;

2. As of the date of application, has at least two (2) years of full-time experience in the field of property assessments for ad valorem tax purposes by a state, county, or municipal government agency;

3. Received a passing grade on the examination for the Division's Tennessee Assessment Law Workshop; and

4. Received a passing grade on the examination for the Division's Appraisal Fundamentals Workshop; or

(c) The candidate maintains an AAS, CAE, CMS, MAS, PPS, or RES designation through IAAO, as evidenced by a copy of the certificate and confirmation of goof standing issued by IAAO.

(2) Additionally, any person holding a Level III (TCA) certification or higher must meet all continuing education requirements established below in Rule 0600-04-.09.

Tenn. Comp. R. & Regs. 0600-04-.07

Original rule filed December 20, 1983; effective January 19, 1984. Amendment filed September 13, 1993; effective November 27, 1993. Repeal and new rule filed June 22, 2005; effective September 5, 2005. Repeal and new rule filed September 25, 2014; effective December 24, 2014. Rule was previously numbered 060004-.06 but was renumbered 0600-04-.07 with the introduction of a new rule 0600-04-.01 filed August 17, 2021; effective November 15, 2021. Amendments filed August 17, 2021; effective 11/15/2021.

Authority: T.C.A. §§ 67-1-305 and 67-1-508 through 67-1-510.