(a)
(1) Each applicant for the licensed
classification shall have 1,000 hours of appraisal experience obtained in at
least six months.
(2) At least six
hours of real property appraisal experience shall be on an improved
property.
(3) Acceptable appraisal
experience shall include at least 750 hours of real property appraisal
experience.
(4) Acceptable
appraisal experience may include an aggregate maximum of 250 experience hours
in the following appraisal categories:
(A)
Mass appraisal;
(B) real estate
consulting;
(C) review
appraisal;
(D) highest and best use
analysis; and
(E) feasibility
analysis study.
(5)
Experience hours may be granted for appraisals performed without a traditional
client. However, appraisal experience gained from work without a traditional
client shall not exceed 50 percent of the total appraisal experience
requirement. Practicum courses that are approved by the appraiser
qualifications board's course-approval program or by a state appraiser
regulatory agency may also be used to meet the requirement for non-traditional
client experience. Each practicum course shall include the generally applicable
methods of appraisal practice for the licensed classification. The course
content shall include the following:
(A)
Requiring the student to produce credible appraisals that utilize an actual
subject property;
(B) performing
market research containing sales analysis; and
(C) applying and reporting the applicable
appraisal approaches in conformity with the uniform standards of professional
appraisal practice.
Each assignment shall require problem-solving skills for a
variety of property types for the licensed classification. Experience credit
shall be granted for the actual number of classroom hours of instruction and
hours of documented research and analysis as awarded from the practicum course
approval process.
(6) For the purposes of this regulation,
"traditional client" shall mean a client who hires an appraiser for a business
purpose.
(b) All
appraisal experience shall be in compliance with the uniform standards of
professional appraisal practice (USPAP), as required by
K.S.A.
58-4121 and amendments thereto. Each
applicant's experience shall be appraisal work conforming to standards 1, 2, 3,
5, and 6, in which the applicant demonstrates proficiency in the appraisal
principles, methodology, procedures, and reporting conclusions.
(c) The real property appraisal experience
requirement specified in paragraph (a)(3) shall be met by time involved in the
appraisal process. The appraisal process shall consist of the following:
(1) Analyzing factors that affect
value;
(2) defining the
problem;
(3) gathering and
analyzing data;
(4) applying the
appropriate analysis and methodology; and
(5) arriving at an opinion and correctly
reporting the opinion in compliance with USPAP.
(d)
(1) In
order for the board to determine whether or not the experience requirements
have been satisfied, each applicant shall submit appraisal experience log
sheets, in a format prescribed by the board, listing the appraisal reports
completed by the applicant within the five-year period preceding the date of
application. Each appraisal report shall be signed by the applicant or the
preparer of the report who supervised the applicant. If the applicant does not
sign the appraisal report, the preparer shall indicate whether or not the
applicant provided significant professional assistance in the appraisal
process.
(2) Each applicant shall
maintain a record of the actual number of hours involved in completing an
appraisal.
Unless the board approves a greater number of experience hours
for a particular appraisal based upon the unusually difficult or complex nature
of the appraisal, the maximum number of experience hours for each appraisal
shall be in accordance with the board's document titled "experience hours
table," dated December 1, 2017, which is hereby adopted by reference.
(3) Each applicant shall maintain
a separate log of appraisals completed with each supervising appraiser.
Each page of each supervised experience log shall include the
certification number and the signature of the applicant's supervising
appraiser, which shall serve as verification of the accuracy of the
information.
(e)
Upon request of the board, each applicant shall submit at least three appraisal
reports selected by the board from the applicant's log sheet and one appraisal
report selected by the applicant from the log sheet. The selected appraisal
reports shall be reviewed in accordance with standard rule 3 by the board or
the board's designee for competency, within the scope of practice of the
appraisal work authorized for the licensed classification, by using the
criteria specified in
K.S.A.
58-4109(d) and amendments
thereto and, in particular, standards 1 and 2 of the edition of USPAP in effect
when the appraisal was performed. Approval of an applicant's experience hours
shall be subject to board approval of the requisite number of experience hours
and board approval of the selected appraisal reports.
Notes
Kan. Admin. Regs. §
117-2-2
Authorized
by and implementing
K.S.A.
58-4109; effective Jan. 21, 1991; amended,
T-117-6-10-91, June 10, 1991; amended Aug. 5, 1991; amended July 25, 1994;
amended June 5, 1995; amended March 7, 1997; amended March 26, 1999; amended
Oct. 8, 2004; amended Sept. 1, 2006; amended Jan. 1, 2008; amended April 16,
2010; amended Aug. 24, 2012; amended Aug. 22, 2014; amended Jan. 1, 2015;
amended June 17, 2016; amended May 26, 2017; amended by
Kansas
Register Volume 37, No. 46; effective
11/30/2018.
