Certification Requirements

 Certification Requirements

Educational Requirements For Certification 

Beginning October 4, 2019 the following will be the education requirements for each level:

  • Certified General - 300 hours and Bachelor Degree or higher
  • Certified Residential - 200 hours and **See Below Six (6) Options 
  • Licensed - 150 hours - No College-Level Education Requirement
  • Associate - 90 hours and the 7 hour KY Mandatory Supervisor/Associate Course
 
**College Level Education for Certified Residential

·         Option 1 – Bachelor’s Degree in any field of study 

·         Option 2 - Associates Degree in a field of study related to:

·                        Business Administration

·                        Accounting

·                        Finance

·                        Economics; or

·                        Real Estate 

 

·         Option 3 – Successful completion of 30 semester hours of college-level courses in each of the following specific topic areas and hours:

·                  English Composition (3 hours)

·                  Microeconomics (3 hours)

·                  Macroeconomics (3 hours)

·                  Finance (3 hours)

·                  Algebra, Geometry, or Higher Math (3 hours)

·                  Statistics (3 hours)

·                  Computer Science (3 hours)

·                  Business Law or Real Estate Law (3 hours)

·                  Two elective courses in any of the above topics or in Accounting,
                    Geography, Agricultural Economics, Business Management or Real
                    Estate (3 hours)

 

·         Option 4 – Successful completion of at least 30 semester hours of College Level Examination Program (CLEP) examinations that cover each of the specific topic areas in: (See below)

CLEP EXAMS

CLEP SEMESTER HOURS GRANTED

APPLICABLE COLLEGE COURSES

College Algebra

3

Algebra, Geometry, Statistics, or higher mathematics

College Composition

6

English Composition

College Composition Modular

3

English Composition

College Mathematics

6

Algebra, Geometry, Statistics, or higher mathematics

Principles of Macroeconomics

3

Macroeconomics or Finance

Principles of Microeconomics

3

Microeconomics or Finance

Introductory Business Law

3

Business Law or Real Estate Law

Information Systems

3

Computer Science

 

·         Option 5 – Any combination of Option 3 and Option 4 that includes all of the topics identified in Option 3.

 

·         Option 6 – No college-level education required.  This option applies only to appraisers who have held a Licensed Residential credential for a minimum of five (5) years and have no record of any adverse, final, and non-appealable disciplinary action affecting the Licensed Residential appraiser’s legal eligibility to engage in appraisal practice within the five (5) years immediately preceding the date of application for a Certified Residential credential.​