License: Licensed Certified General Real Estate Appraiser

General information terms and definitions AQB Appraiser Qualifications Board The Appraisal Foundation National organization authorized by Congress to set standards and qualifications for real estate appraisers. National Uniform Licensing and Certification Examination the examination required by the Appraisal Foundation to qualify for license or certification in real estate appraiser. The exam consists of 125 questions with 15 being pre-test questions and 110 questions being scored. Each certification level (Licensed Residential Certified Residential and Certified General Appraiser) has a separate exam. Mississippi State Exam consists of 50 multiple choice questions. The exam must be taken for each level of certification. The exam is taken after the applicant passes the national exam. Uniform Standards of Professional Appraisal Practice The generally recognized ethical and performance standards for the appraisal profession in the United States. Appraisal means an analysis opinion or conclusion prepared by a real estate appraiser relating to the nature quality value or utility of specified interests in or aspects of identified real estate or identified real property performed in accordance with the Uniform Standards for Professional Appraisal Practice. Real estate or real property means an identified parcel or tract of land with improvements and includes easements rights-of-way undivided or future interest or similar rights in a tract of land but does not include mineral rights timber rights growing crops water rights or similar interests severable from the land when the transaction does not involve the associated parcel or tract of land. Licensure Requirements 1. Meet all education requirements as established by the Appraiser Qualifications Board (AQB) a. 300 hours of qualifying education. b. Bachelor’s degree from an accredited college or university in any field of study. 2. Experience Meet all experience requirements as established by the AQB 3000 hours in no fewer than eighteen (18) months. One Thousand Five Hundred (1500) hours must be in non-residential work. 3. Examination Pass required examinations State exam and National exam. a. The Mississippi State Exam consists of 50 multiple choice questions. The exam must be taken for each level of certification. The exam is taken after the applicant passes the national exam. 4. Fingerprint-based Background Check.

  • Stand-alone license
  • Both state and third-party exams required
  • Specific course required
  • Continuing education required
  • Experience required
  • Specific type of conviction prohibited
  • No physical requirements
License information updated 07/01/2019