What must a practicum course include to meet the Criteria?Updated 3 months ago
To qualify for experience credit under the Real Property Appraiser Qualification Criteria (Criteria), a practicum course must:
- Be designed around generally applicable appraisal methods for the intended credential level (e.g., Licensed or Certified Residential)
- Include problem-solving assignments covering a variety of property types relevant to that credential level
- Require students to:
- Produce credible appraisals using an actual subject property
- Conduct market research and sales analysis
- Apply and report applicable appraisal approaches in compliance with Uniform Standards of Professional Appraisal Practice (USPAP®)