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MN SF3052
Bill
Status
Engrossed
3/29/2010
Primary Sponsor
Linda Scheid
Click for details
AI Summary
- Licensed real property appraiser applicants must have 2,000 hours of experience obtained in no fewer than 12 months
- Certified residential real property appraiser applicants must have 2,500 hours of experience obtained in no fewer than 24 months
- Certified general real property appraiser applicants must have 3,000 hours of experience obtained in no fewer than 30 months, with at least 50 percent (1,500 hours) in nonresidential appraisal work
- College or university real estate courses may be approved retroactively by the commissioner for appraiser prelicense education credit if offered by a Minnesota institution that was an approved education provider at the time, with approval limits matching those specified by the Appraiser Qualifications Board
- Experience must be obtained after January 30, 1989, and must be USPAP compliant; applicants cannot receive credit for experience accumulated while unlicensed if it involved activities requiring a license
Legislative Description
Real estate appraisers licensing experience requirements modifications
Last Action
House: Senate file first reading, referred to Commerce and Labor
3/29/2010
Committee Referrals
Commerce and Consumer Protection3/8/2010
Full Bill Text
No bill text available