§ 5-20.7-17 — § 5-20.7-17. Continuing education prerequisite to renewal.

§ 5-20.7-17. Continuing education prerequisite to renewal.

(a) As a prerequisite to certificate or license renewal, a state-certified or licensed real estate appraiser shall present evidence satisfactory to the director of having met the continuing education requirements of this section.

(b) The basic continuing education requirement for renewal of a certificate or license is the completion by the applicant, during the immediately preceding term of certification, of not less than twenty-eight (28) hours of instruction in courses or seminars from a duly licensed real estate school pursuant to the provisions of § 5-20.5-19 or a nationally recognized appraisal organization, college, university, or other school approved by the Appraiser Qualifications Board of the Appraisal Foundation or such other school as approved by the board.

(c) In lieu of meeting the requirements of subsection (b) of this section, an applicant for certificate or license renewal may satisfy all or part of the recertification requirements by presenting evidence of the following:

(1) Completion of an educational program of study determined by the board to be equivalent, for continuing education purposes, to courses meeting the requirements of subsection (b) of this section; or

(2) Up to one-half (½) of an individual's continuing education requirement may be completed by participation other than as a student in educational processes and programs approved by the board that relate to appraisal theory, practices, or techniques, including, but not necessarily limited to, teaching, program development, and preparation of textbooks, monographs, articles, and other instructional materials.

(3) [Deleted by P.L. 2013, ch. 54, § 1 and P.L. 2013, ch. 58, § 1.]

Legislative History

P.L. 1990, ch. 424, § 1; P.L. 1992, ch. 275, § 1; P.L. 2013, ch. 54, § 1; P.L. 2013, ch. 58, § 1; P.L. 2023, ch. 163, § 1, effective June 20, 2023; P.L. 2023, ch. 164, § 1, effective June 20, 2023.