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TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS PART 1455 REAL ESTATE APPRAISER LICENSING SECTION 1455.150 PRE-LICENSE EDUCATION REQUIREMENTS; STATE CERTIFIED GENERAL REAL ESTATE APPRAISER; STATE CERTIFIED RESIDENTIAL REAL ESTATE APPRAISER; ASSOCIATE REAL ESTATE APPRAISER; NON-RESIDENT PRE-LICENSE EDUCATION
Section 1455.150 Pre-License Education Requirements; State Certified General Real Estate Appraiser; State Certified Residential Real Estate Appraiser; Associate Real Estate Appraiser; Non-Resident Pre-License Education
a) Residential − No Experience Prior to July 1, 2006 − Application After December 31, 2007 An applicant for licensure as a State Certified Residential Real Estate Appraiser who has not gained appraisal experience prior to July 1, 2006 and files an application after December 31, 2007 shall meet the following criteria.
1) 2500 hours of AQB Appraisal Experience;
2) 200 hours of modular appraisal education as stated in the Guide Notes (GN-1) of the AQB 2008 Criteria;
3) Associates degree or equivalent as outlined by AQB; and
4) If an individual applicant for licensure submits integrated course credit for approval, the course must have been approved by the Course Approval Program of the Appraiser Qualifications Board and a topic matrix revealing the exact number of hours for each section of course content must be provided for review. Only integrated course credit bundled together to equal a module will be accepted. Partial credit toward a module will not be accepted. It is the applicant's responsibility to demonstrate compliance as part of the application.
b) Any person who makes application for an Associate Real Estate Appraiser License shall be required, as a pre-requisite to examination, to successfully complete 75 classroom hours of pre-license instruction in subjects related to real estate appraisal, as outlined by Subpart H of this Part, and shall include 15 hours of instruction relative to USPAP that is approved by the AQB and taught by an AQB certified instructor. All pre-license education requirements shall only be accepted from education providers and courses approved by the Division.
c) The Division may accept evidence of successful completion of pre-license education credit from another jurisdiction, if that jurisdiction's requirements are substantially the same as the State of Illinois' and meet the minimum licensing requirements of the AQB Criteria and may be in modular format for licensure after January 1, 2008. A real estate appraiser who wishes to obtain credit for pre-license education courses not licensed by the Division shall submit to the Division:
1) An application provided by the Division requesting approval for pre-license education credit, signed by the applicant, on which all questions are answered;
2) A certificate of successful completion provided by the education provider, a certification by the jurisdiction of the appraiser's place of residence of successful completion of the requested pre-license education credit, or any other evidence to be considered by the Division; and
3) The fee as provided in Section 1455.320.
(Source: Amended at 33 Ill. Reg. 7121, effective May 14, 2009) |