Section SPS 85.320 - Core curriculum and educational requirements(1) An individual who applies for certification as a certified general appraiser shall submit evidence satisfactory to the department that the individual has successfully completed all of the following: (a) The required 300 class hour core curriculum established by the AQB. The required curriculum consists of all of the following subject areas and corresponding class hours: 1. Basic appraisal principles - 30 hours.2. Basic appraisal procedures - 30 hours.3. The 15-Hour National USPAP Course or its AQB-approved equivalent - 15 hours.4. General appraisal market analysis and highest and best use - 30 hours.5. Statistics, modeling and finance - 15 hours.6. General appraiser sales comparison approach - 30 hours.7. General appraisal site valuation and cost approach - 30 hours.8. General appraiser income approach - 60 hours.9. General appraiser report writing and case studies - 30 hours.10. Appraisal subject matter electives that may include the minimum required in the subject areas described in subds. 1. to 9. - 30 hours.(b) A bachelor's degree or higher, in any field of study, from an accredited, degree-granting college or university.(2) A licensed appraiser who applies for a certified general appraiser credential shall complete all of the following 150 hour course work, which is identified in the core curriculum under sub. (1)(a), and the college-level educational requirements under sub. (1)(b): (a) General appraiser market analysis and highest and best use - 15 hours.(b) Statistics, modeling and finance - 15 hours.(c) General appraiser sales comparison approach - 15 hours.(d) General appraiser site valuation and cost approach - 15 hours.(e) General appraiser income approach - 45 hours.(f) General appraiser report writing and case studies - 15 hours.(g) Appraisal subject matter electives as provided in par. (a) - 30 hours.(3) A certified residential appraiser who applies for a certified general appraiser credential shall complete all of the following 100 hour course work, which is identified in the core curriculum under sub. (1)(a), and the college-level educational requirements under sub. (1)(b) :(a) General appraiser market analysis and highest and best use - 15 hours.(b) General appraiser sales comparison approach - 15 hours.(c) General appraiser site valuation and cost approach - 15 hours.(d) General appraiser income approach - 45 hours.(e) General appraiser report writing and case studies - 10 hours.Wis. Admin. Code Department of Safety and Professional Services SPS 85.320
Cr. Register, September, 1991, No. 429, eff. 10-1-91; emerg. am. (1), (2) and (3) (intro.), eff. 10-1-91; am. (1), (2) (intro.) and (3) (intro.), Register, May, 1992, No. 437, eff. 6-1-92; am. (2) (a), (3) (intro.), Register, June, 1996, No. 486, eff. 7-1-96; am. (1), (2) (intro.), (3) (a), (b), (c) 1., to 4. c., and (d) to (q), Register, January, 1998, No. 505, eff. 2-1-98; CR 01-100: am. (2) (a), Register February 2002 No. 554, eff. 3-1-02; CR 02-067: am. (1), (2) (intro.) and (a) Register November 2002 No. 563, eff. 12-1-02; CR 06-033: renum. from s. RL 84.03 and am. Register November 2006 No. 611, eff. 12-1-06; CR 10-135: r. and recr. Register August 2011 No. 668, eff. 9-1-11; CR 14-016: SPS 85.320 renum. from SPS 84.04; as renumbered, renum. (1) (b) (intro.) to (b) and am., r. (1) (b) 1. to 9. Register September 2014 No. 705, eff. 1-1-15.Amended by,Wisconsin Register December 2014 No. 708, eff.1/1/2015.Amended by, CR 18-104: am. (title), (1) (intro.), (a) (intro.), 3., (b) Register December 2019 No. 768, eff. 1/1/2020