Current through October 28, 2024
Section SPS 85.700 - Proof of Experience(1) The work claimed under ss. SPS 85.310, 85.410, and 85.510 for appraisal experience credit shall be approved by the department and meet all of the following requirements: (a) Be in compliance with the Uniform Standards of Professional Appraisal Practice in effect at the time the appraisals were prepared.(b) Include one or more of the following types of appraisal experience: (c) For experience claimed under s. SPS 85.310, include no more than 50 percent residential appraisal experience.(d) For experience claimed under s. SPS 85.410 or 85.510, include no more than 25 percent commercial appraisal experience.(e) Include no more than 50 percent of appraisal experience gained for appraisal work performed without a client. Case studies or practicum courses that are approved by the AQB may be claimed to satisfy non-client experience. All non-client appraisal experience may be reviewed by the department for compliance with the USPAP.(f) Demonstrate the same level of proficiency in appraisal principles, techniques, and skills as that demonstrated by appraisers practicing under Standard 1 of the USPAP.(2) All experience required under ss. SPS 85.310, 85.410, and 85.510 shall be acquired after January 30, 1989.(3) An applicant applying for certification or licensure under s. SPS 85.310, 85.410, or 85.510 shall submit on forms provided by the department a roster of appraisal experience that contains all of the following:(b) The date of the report.(c) The address of the appraised property.(d) A description of work performed by the applicant and scope of review and supervision of the supervising appraiser.(e) The number of actual work hours by the applicant on the assignment.(f) The signature and state certification number of the supervising appraiser, if applicable. Separate rosters shall be maintained for each supervising appraiser.Wis. Admin. Code Department of Safety and Professional Services SPS 85.700
CR 14-016: (1), (2), (3) renum. from SPS 83.01(3), (3m), (4); as renumbered, am. (1) (intro.), r. (1) (e), am. (2), consol. (3) (intro.), (b) into (3) (intro.) and am., r. (3) (c), cr. (title), (3) (a) to (f) 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. (1) (intro.), (a), renum. (1) (b) to (1) (b) (intro.) and am., cr. (1) (b) 1. to 4., am. (1) (c) to (f), (2), (3) (intro.) Register December 2019 No. 768, eff. 1/1/2020