OAR 161-010-0065
Prerequisite Experience and Education Requirements for State Licensed Appraisers

As a prerequisite to taking the examination for licensure as a State Licensed Appraiser, an applicant shall present evidence satisfactory to the Administrator that the applicant has:

(1)

At least 1,500 cumulative hours of acceptable appraisal experience. Cumulative hours must be acquired in no fewer than twelve (12) months.

(2)

Successfully completed not less than 150 classroom hours of acceptable appraisal courses as set forth in OAR 161-020-0110 (Qualifying Education Course Content Guidelines)(2), with the following exceptions as noted in paragraphs (2)(a) below. Each applicant shall have successfully completed the 15-hour Appraisal Foundation’s National USPAP Course, or its equivalent, within four (4) years preceding the date of application and have successfully passed an examination thereon. Applicants holding a valid Oregon Appraiser Assistant Registration may satisfy the educational requirements for the State Licensed Appraiser credential by completing the following additional education hours:

(a)

Course(s) on Residential Market Analysis and Highest and Best Use (15 hours);

(b)

Course(s) on Residential Appraiser Site Valuation and Cost Approach (15 hours);

(c)

Course(s) on Residential Sales Comparison and Income Approaches (30 hours in no less than 15 hour increments); and

(d)

Course(s) on Residential Report Writing and Case Studies (15 hours).

Source: Rule 161-010-0065 — Prerequisite Experience and Education Requirements for State Licensed Appraisers, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=161-010-0065.

Last Updated

Jun. 8, 2021

Rule 161-010-0065’s source at or​.us