Wash. Admin. Code § 308-125-075

Current through Register Vol. 24-12, June 15, 2024

Section 308-125-075 - Allowed credits for appraisal experience

(1) The department shall not grant to state-licensed or state-certified appraisers and applicants experience credits for appraisal experience that exceeds the following hourly allotments for each appraisal:

(a)	Single family residential - exterior form report	6 hours
(b)	Single family residential - form report	12 hours
(c)	Multifamily residential - form report	20 hours
(d)	Residential lot 1 acre or less	8 hours
(e)	Land tract less than or equal to 40 acres	16 hours
(f)	Short plats	20 hours
(g)	Land tract 41-160 acres	24 hours
(h)	Land tract 161-640+ acres	36 hours
(i)	Subdivisions	60 hours
(j)	Commercial/industrial land	25 hours
(k)	Commercial - form report	40 hours
(l)	Commercial - narrative report	80 hours
(m)	Regional mall/high rise office bldg./Hotel	120 hours
(n)	Appraisal review (single family) (not applicable to trainees)	12 hours
(o)	Appraisal review (commercial) (not applicable to trainees)	40 hours
(p)	Feasibility study	80 hours
(q)	Appraisal consulting (nonresidential)	40 hours
(r)	Agricultural	60 hours

(2) The department shall not grant to state-licensed or state-certified appraisers and applicants experience credits for Eminent Domain Appraisals that exceed the following hourly allotments for each appraisal:

(a)	Vacant (single family lot)	24 hours
(b)	Vacant (large land tract)	32 hours
(c)	Single family residential	42 hours
(d)	Multifamily residential	60 hours
(e)	Agricultural (improved)	72 hours
(f)	Industrial (improved)	72 hours
(g)	Commercial (improved)	72 hours
(h)	Very complex damages or benefits	120 hours
(i)	Special purpose improved	54 hours

(3) The department shall not grant to state-licensed or state-certified appraisers and applicants experience credits for Eminent Domain Appraisal Reviews that exceed the following hourly allotments for each appraisal:

(a)	Vacant (single family lot)	8 hours
(b)	Vacant (large land tract)	12 hours
(c)	Single family residential	16 hours
(d)	Multifamily residential	24 hours
(e)	Agricultural (improved)	40 hours
(f)	Industrial (improved)	40 hours
(g)	Commercial (improved)	40 hours
(h)	Very complex damages or benefits	50 hours
(i)	Special purpose improved	40 hours

(4) Experience credits for appraisal experience not listed in subsections (1), (2), or (3) shall be determined by the department on a case-by-case basis.

Wash. Admin. Code § 308-125-075

Statutory Authority: RCW 18.140.030(1), (7), (8), and (15). 06-06-069, § 308-125-075, filed 2/28/06, effective 4/1/06. Statutory Authority: RCW 18.140.030(1). 97-02-004, § 308-125-075, filed 12/20/96, effective 1/20/97; 94-15-058, § 308-125-075, filed 7/18/94, effective 8/18/94.