Approved Education for Pre-licensing and Continuing Education
Approved Education 2022-23
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
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.