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<section article="gbo" article_name="Business Occupations and Professions" number="16-503" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers">
  <level label="a">
    <text>To qualify for a certificate for residential or general real estate appraisal, an applicant shall be an individual who meets the requirements of this section.</text>
  </level>
  <level label="b">
    <level label="1">
      <text>An applicant shall:</text>
      <level label="i">
        <text>be of good character and reputation;</text>
      </level>
      <level label="ii">
        <text>be at least 18 years old; and</text>
      </level>
      <level label="iii">
        <text>satisfy the minimum real estate appraiser qualifications for residential certification or general certification, as appropriate, established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.</text>
      </level>
    </level>
    <level label="2">
      <text>An applicant shall have completed:</text>
      <level label="i">
        <text>at least 1,500 hours providing real estate appraiser services as a real estate appraiser trainee under the supervision of a certified appraiser; or</text>
      </level>
      <level label="ii">
        <text>the Real Property Appraiser Qualification Criteria of the Practical Applications of Real Estate Appraisal program adopted by the Appraisal Foundation Appraiser Qualifications Board authorized under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.</text>
      </level>
    </level>
    <level label="3">
      <text>Classroom hours of study required under this section may be conducted by:</text>
      <level label="i">
        <text>an accredited university, college, or community or junior college;</text>
      </level>
      <level label="ii">
        <text>an approved appraisal society, institute, or association; or</text>
      </level>
      <level label="iii">
        <text>another school that the Commission approves.</text>
      </level>
    </level>
    <level label="4">
      <text>The Commission shall approve all courses of study required under this section.</text>
    </level>
    <level label="5">
      <text>The Commission may not require an applicant to hold a bachelor’s degree or higher to qualify for residential certification under this section.</text>
    </level>
  </level>
  <level label="c">
    <text>An applicant shall pass the examination for a certificate for residential or general real estate appraisal given by the Commission or the Commission’s designee under this subtitle.</text>
  </level>
  <level label="d">
    <level label="1">
      <text>If an applicant is not a resident of the State, the applicant shall submit to the Commission an irrevocable consent, as provided under this subsection.</text>
    </level>
    <level label="2">
      <text>The consent required under this subsection shall specify that service of process on the Secretary of State shall bind the applicant in any action about the provision of certified real estate appraisal services against the applicant in any county of the State.</text>
    </level>
  </level>
  <level label="e">
    <text>An applicant shall meet any other requirement that the Commission adopts by regulation.</text>
  </level>
  <level label="f">
    <text>The Commission shall adopt additional requirements under this section if necessary to comply with the minimum real estate appraiser qualifications established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.</text>
  </level>
</section>
