USPAP Requirements

The Appraiser Qualifications Board (AQB) of The Appraisal Foundation implemented changes to the Uniform Standards of Professional Appraisal Practice (USPAP) course requirements effective January 1, 2003. These changes affected both basic and continuing education courses.

Basic Education Courses

All Uniform Standards of Professional Appraisal Practice (USPAP) courses taken for basic education credit after January 1, 2003, must be the 15-hour National USPAP Course taken from an AQB Certified Instructor, who is also a Certified Residential or Certified General appraiser in good standing. The course must also be approved by the Office of Real Estate Appraisers (OREA).

In addition, effective with licenses expiring on or after January 1, 2005, the 15-hour National USPAP Course may be used for continuing education hours only and will not meet the USPAP requirement if taken for continuing education.

Continuing Education

Each licensee must complete the seven-hour National USPAP Update Course every two years. Therefore, effective with all licenses expiring on or after January 1, 2004, each renewal application must include documentation of completion of the seven-hour National USPAP Update Course.

OREA approved USPAP courses taken prior to January 1, 2003, will not meet this new requirement. However, the course will count towards the total number of continuing education hours required to renew a "Full Renewal" provided the course was taken within the CE Cycle.

In addition, effective with licenses expiring on or after January 1, 2005, the 15-hour National USPAP Course may be used for continuing education hours only and will not meet the USPAP requirement for continuing education.

"Fee/USPAP" Renewals

"Fee/USPAP Renewals" require documentation of the seven-hour National USPAP Update Course taken within the license term.

This course applies towards the total number of continuing education hours required to renew the subsequent license. Therefore, at that time, assuming a license was not renewed on a "late renewal basis," "Full Renewals" will require 49 additional hours of continuing education. The continuing education must include an additional seven-hour National USPAP Update Course.

Please note: If a license within a CE Cycle is renewed during the one-year grace period that follows a license expiration, continuing education will continue to accrue in the amount of seven hours for each six-month period a license application is late. In addition, if your license expires, you may not legally perform real estate appraisals in federally related transactions.

Full Renewals

"Full Renewals" must include documentation of the seven-hour National USPAP Update Course, in addition to meeting all other renewal requirements. The National USPAP Update Course must have been taken after the issuance date of the current license.

Note: OREA approved Uniform Standards of Professional Appraisal Practice (USPAP) courses taken prior to January 1, 2003, will not meet the National USPAP Update Course requirement. However, the course will count towards the total number of continuing education hours required to renew a "Full Renewal" provided the course was taken within the CE Cycle.