State of colorado appraiser license
If your license is in inactive status, you may reactivate it at any time. When reactivating your license, you must provide proof of having completed the required continuing education since your license was last active. A temporary practice permit is issued to an appraiser that is licensed or certified in another jurisdiction to appraise property in Colorado under certain conditions without obtaining Colorado licensure. No person may be issued more than two 2 Temporary Practice Permits in any rolling twelvemonth period.
It is your responsibility to know when your license is up for renewal and for completing the renewal process on time. Log for Mass Appraisals Example. Examination Signup. This level of licensure is only utilized for appraiser employees of county tax assessment offices. The Certified Residential Appraiser credential allows the appraiser to appraise unit residential properties without regard to transaction value or complexity.
The credential includes the appraisal of vacant or unimproved land that is utilized for family purposes or for which the highest and best use is for family purposes, but does not include land for which a subdivision analysis is necessary. Complete appraisal report experience log or mass appraisal experience log If Applicable. A person applying for a new license or an upgraded license is required to submit fingerprints to the Colorado Bureau of Investigations CBI prior to submitting the application.
After you have received your Letter of Exam Eligibility you can schedule your exam. There is far less margin of error. The intended user of the appraisal may be basing a significant business decision on the outcome and an erroneous appraisal could result in a loss of millions of dollars.
As a result, the requirements to become a certified general appraiser are more stringent. As a Colorado certified general appraiser , you will typically work in a small to medium sized firm devoted to commercial work. You may but rarely will complete residential assignments.
But if you do decide to complete residential appraisals you can just like licensed or certified appraisers do work for local and national clients devoted to residential transactions. It is not required to take the required appraisal courses before finding a mentor. However, I suggest taking the courses first for three reasons :. In the meantime, someone else could take your spot. Please submit a resume for consideration. Of course, if you find a supervisory appraiser who is willing to take you on immediately even before you complete the courses or obtain your trainee license, do it!
Colorado Division of Real Estate. If you have questions about becoming an appraiser, post one in the comments below! Once staff has verified the examination results, the license or certification credential will be issued.
As an Appraisal licensee, you must renew your appraisal license every two years. Note: Colorado appraisers renewing on a three year license must complete 42 hours of continuing education.
You can access the online renewal portal HERE. You can view the renewal fee chart HERE. STEP 1: Hold a valid appriasal license and successfully complete the additional required qualifying education courses see course requirements below by license level and experience hours.
Successful completion of qualifying education courses requires passing the course final examination for each course with a proctor.
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