4 CCR 725-2, ch. 3 - [Effective 1/1/2024] STANDARDS FOR REAL ESTATE APPRAISAL QUALIFYING EDUCATION PROGRAMS
3.1.
Repealed.
3.2. Qualifying Education
must be taken from providers approved by the Board. In order to be approved,
Qualifying Education courses and the providers must meet the following
standards at the time it is offered:
A. Course
content was developed by Persons qualified in the subject matter and
instructional design;
B. Course
content is current and corresponds with the common body of knowledge;
C. The instructor is qualified with respect
to content and teaching methods, and the body of knowledge;
D. The number of participants and the
physical facilities are consistent with the teaching method;
E. An examination is included for measuring
the information learned;
F. The
educational offering will be developed and communicated in a manner as to
promote and maintain a high level of public trust in appraisal practice;
and
G. Meet the class hour
requirements as set forth in Rule 3.5.
3.3. The following may be approved as
providers of Qualifying Education provided that the standards set forth in Rule
3.2. are maintained and the education providers have complied with all other
requirements of the state of Colorado:
A.
Accredited College or University as defined in Rule 1.35.;
B. Professional appraisal and real estate
related organizations;
C. State or
federal government agencies;
D.
Proprietary schools holding valid certificates of approval from the Colorado
Division of Private Occupational Schools, Department of Higher
Education;
E. Providers approved by
other Jurisdictions, provided the Jurisdiction's appraiser regulation program
is in compliance with Title XI, FIRREA, as determined by the ASC as defined in
Rule 1.3.;
F. Providers approved
under the CAP as defined in Rule 1.38.; and
G. Such other providers as the Board may
approve upon petition of the provider or the applicant in a form acceptable to
the Board.
3.4. On or
after January 1, 1991, in order to be approved by the Board, each education
provider must maintain for a period of five (5) years from the last course
offering, and provide to the Board upon request, information regarding the
Qualifying Education course offerings including, but not limited to the
following:
A. Outline or syllabus;
B. All texts, workbooks, handouts or other
course materials;
C. Instructors
and their qualifications, including selection, training and evaluation
criteria;
D. Course
examinations;
E. Dates and
locations of course offerings; and
F. Student attendance
records.
3.5. The number
of hours credited must be equivalent to the actual number of instruction and
testing contact hours.
A. Synchronous Distance
Education courses provide for instruction and interaction substantially the
same as on-site classroom courses. Synchronous Distance Education courses meet
class hour requirements if they comply with the following:
1. A class hour must be sixty (60) minutes,
of which at least fifty (50) minutes are instruction attended by the student.
The prescribed number of class hours includes time for examinations.
2. Synchronous Distance Education courses are
offered by approved course providers as set forth in Rule
3.3.
B. Asynchronous
Distance Education courses meet class hour requirements if they comply with the
following:
1. The course must provide active
student engagement as set forth in Rule 3.14.
2. Content approval is obtained from the AQB,
the Division, other state appraiser regulatory jurisdictions, or an Accredited
College or University that offers distance education programs and is approved
or accredited by the Commission on Colleges, a regional or national
accreditation association, or by an accrediting agency that is recognized by
the US Secretary of Education. Non-academic credit college courses provided by
a college must be approved by the AQB or a state appraiser regulatory
jurisdiction.
3. Course delivery
mechanism approval is obtained from one of the following sources:
a. The AQB;
b. An AQB approved organization providing
approval of course design and delivery;
c. An Accredited College or University that
qualifies for content approval as set forth in subsection B.2. of this Rule
that awards academic credit for the distance education course; or
d. A qualifying Accredited College or
University for content approval with a distance education delivery program that
approves the course design and delivery that incorporate
interactivity.
C. Hybrid Course Education courses meet class
hour requirements if they comply with the following:
1. In-person course sessions meet the class
hour requirements as set forth in subsection A.1. of this Rule and courses are
offered by approved course providers as set forth in Rule 3.3.
2. Synchronous Distance Education course
sessions meet the requirements as set forth in subsection A. of this
Rule.
3. Asynchronous Distance
Education course sessions meet the class hour requirements as set forth in
subsection A.1. of this Rule, courses are offered by approved course providers
as set forth in Rule 3.3., and meet the requirements as set forth in subsection
B. of this Rule.
3.6. Each Qualifying Education course
offering must be at least fifteen (15) hours in duration except for the 8-hour
course on Valuation Bias and Fair Housing Laws and Regulations, and must
include an examination pertinent to the material covered, and be comprised of
segments of not less than one (1) classroom hour.
3.7. Qualifying Education courses and
corresponding examinations must be successfully completed by the Applicant.
Successful completion means the Applicant has attended the offering,
participated in course activities, and achieved a passing score on the course
examination.
3.8.
Repealed.
3.9. It is the
Applicant's responsibility to verify that a Qualifying Educational course
offering has been approved by the Board, if the Applicant wishes to claim
credit for the course.
3.10.
Repealed.
3.11. Hours of Qualifying
Education accepted in satisfaction of the education requirement of one level of
licensure may be applied toward the requirement for another level and need not
be repeated. Applicants are responsible for demonstrating coverage of the
required topics.
3.12. The
following factors must be used to convert Accredited College or University
course credits into qualifying education hours:
A. Semester Credits x 15.00 = Hours
B. Quarter Credits x 10.00 =
Hours
3.13. Applicants
must successfully complete Qualifying Education which builds upon and augments
previous courses. Qualifying Education courses which substantially repeat or
duplicate other course work in terms of content and level of instruction will
not be accepted. The Board will give appropriate consideration to courses where
substantive changes in content have occurred.
3.14. To be acceptable for Qualifying
Education, Asynchronous Distance Education offerings must incorporate methods
and activities that promote active student engagement and participation in the
learning process. Among those methods and activities acceptable are written
exercises which are graded and returned to the student, required responses to
computer based presentations, provision for students to submit questions during
teleconferences, and examinations proctored by an independent third party, who
is an official approved by the college or university, or by the sponsoring
organization. Bio-Metric Proctoring is acceptable. Simple reading, viewing or
listening to materials without active student engagement and participation in
the learning process is not sufficient to satisfy the requirements of this Rule
3.14.
3.15. As to Qualifying
Education courses completed in other Jurisdictions with appraiser regulatory
programs that are in compliance with Title XI, FIRREA, as determined by the ASC
as defined in Rule 1.3., the Board will accept the number of hours of education
accepted by that Jurisdiction.
3.16. To be acceptable for Qualifying
Education, Synchronous Distance Education and Asynchronous Distance Education
courses must meet the other requirements of Chapter 3 of these Rules, and must
include a written, closed book final examination proctored by an independent
third party, or other final examination testing procedure acceptable to the
Board. Bio-Metric Proctoring is acceptable. Examples of acceptable examination
proctors include public officials who do not supervise the student, secondary
and higher education school officials, and public librarians. Failure to
observe this requirement may result in rejection of the course and/or course
provider by the Board for that Applicant, and may result in the Board refusing
or withdrawing approval of any courses offered by the provider.
3.17. All Qualifying Education courses in the
USPAP begun on and after January 1, 2003, and offered through Asynchronous
Distance Education modalities must meet the requirements as set forth in Rule
3.5.B. or be approved through the CAP as defined in Rule 1.38., and taught by
an instructor certified by the AQB who is also a state certified
appraiser.
3.18. Course providers
must provide a course completion certificate to each student who successfully
completes a Qualifying Education course in the manner set forth in Rule 3.7.
The Board does not mandate the exact form of course completion certificates;
however, the following information must be included:
A. Name of course provider;
B. Course title, which must describe topical
content, or the Criteria Core Curriculum module title;
C. Course number, if any;
D. Course dates;
E. Number of approved education
hours;
F. Statement that the
required examination was successfully completed;
G. Method of course delivery: in-person,
Synchronous Distance Education, or Asynchronous Distance Education;
H. Name of student; and
I. For all USPAP courses begun on and after
January 1, 2003, the name(s) and AQB USPAP instructor certification number(s)
of the instructor(s).
3.19. The provisions of Rule 3.3.
notwithstanding, Qualifying Education courses begun on and after January 1,
2004 and offered through Asynchronous Distance Education modalities must meet
the requirements as set forth in Rule 3.5.B. or be approved through the CAP as
defined in Rule 1.38. The Board will not accept Asynchronous Distance Education
courses begun on and after January 1, 2004 that have not met the requirements
of Rule 3.5.B. or have not been approved through the CAP.
3.20. All Qualifying Education courses in the
USPAP must be presented using the most recent edition and the most recent
version of the National USPAP Course (real property) or equivalent as approved
by the AQB, with the exception that courses begun in the three (3) months
preceding the effective date of a new edition may be presented using the next
succeeding USPAP edition and course version, if available from TAF.
3.21. All Qualifying Education courses begun
on or after January 1, 2008, must meet the requirements as set forth in Rule
3.5. or be approved through the CAP. On a limited case by case basis, the
Director may approve in advance of the course offering if the Director
determines, in writing, that the public is not served by requiring that the
specific course meet the requirements 3.5.B. or be approved through CAP. Course
providers seeking such an exemption must provide the Director with all
requested information the Director deems necessary.
3.22. By offering Qualifying Education
approved by the Board, each provider agrees to comply with the relevant
statutes, and Rules and to permit the Board to audit said courses at any time
and at no cost.
3.23. Introduction
to Ad Valorem Mass Appraisal courses that have been approved by the Board as
Qualifying Education can be used for credit as appraisal subject matter
electives for Applicants seeking licensure as a Certified Residential Appraiser
or Certified General Appraiser.
3.24. Applicants are required to provide
copies of course completion certificates to the Board as set forth in Rule
6.1.
Notes
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