Continuing Education Requirements for Renewal
- 14 hours of approved education courses every year by May 31th
- 7 hour National USPAP Update will be required every even numbered renewal (2022, 2024, etc.). The National USPAP Update course will be awarded 7 hours of credit toward the 14 hour requirement.
- Supervisors and Associates must complete a 7 hour KY Mandatory Supervisor/Associate course must be completed every three years.
Educational Requirements For Certification
Education requirements per level effective October 4, 2019:
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 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.
Approved Education for Pre-licensing and Continuing Education:
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