Tenn. Comp. R. & Regs. 1255-04-.01 - CONTINUING EDUCATION REQUIREMENTS
(1)
As a prerequisite to renewal of a real estate appraiser license or certificate,
the licensee or certificate holder shall complete at least twenty-eight (28)
hours of continuing education courses approved by the Commission during each
renewal period, which is every two (2) years (hereinafter "continuing
education").
(a) A course hour is defined as
fifty (50) minutes of teaching out of each sixty (60)-minute segment.
(b) The Commission will grant credit toward
the continuing education requirement only if the length of the educational
offering is at least two (2) hours.
(c) A state licensed, state certified
residential or a state certified general real estate appraiser may obtain
credit for the continuing education requirement from the following:
1. Colleges or universities;
2. Community or junior colleges;
3. Real estate appraisal or real estate
related organizations;
4. State or
federal agencies or commissions;
5.
Proprietary schools;
6. Other
providers approved by the Commission; and
7. The Appraisal Foundation or its
Boards.
(d) The
Commission may grant credit for educational offerings which are consistent with
the purpose of continuing education stated in paragraph (6) and cover real
estate appraisal topics such as:
1. Ad valorem
taxation;
2. Arbitration, dispute
resolution;
3. Courses related to
practice of real estate appraisal or consulting;
4. Development cost estimating;
5. Ethics and standards of professional
practice, USPAP;
6. Land use
planning, zoning, taxation;
7.
Management, leasing, timesharing;
8. Property development, partial
interests;
9. Real estate law,
easements, and legal interests;
10.
Real estate litigation, damages, condemnation;
11. Real estate financing and
investment;
12. Real estate
appraisal related computer applications;
13. Real estate securities and
syndication;
14. Developing
opinions of real property value in appraisals that also include personal
property and/or business value;
15.
Seller concessions and impact on value; and/or
16. Energy efficient items and "green
building" appraisals.
(2) All licensees and certificate holders
shall successfully complete the seven (7)-hour National Uniform Standards of
Professional Appraisal Practice Update Course, or its equivalent, a minimum of
once every two (2) years. Equivalency shall be determined through the Appraisal
Qualifications Board Course Approval Program. The seven (7)-hour National
Instructor Recertification Course for Uniform Standards of Professional
Appraisal Practice shall fulfill the seven (7)-hour continuing education
requirement for AQB approved instructors of the National Uniform Standards of
Professional Appraisal Practice.
(3) The Commission shall grant continuing
education credit for the National Uniform Standards of Professional Appraisal
Practice Update Course only when at least one of the instructors is an
Appraiser Qualifications Board Certified Instructor and a state certified
general or residential real estate appraiser.
(4) The Commission shall grant continuing
education credit for any course that a licensee has taken more than once if the
course has undergone a significant update or if the licensee has not taken the
course in the last five (5) years.
(5) Seminars.
(a) The Commission may offer seminars to the
licensees for which fees, as appropriate, may be collected to cover
costs.
(b) These seminars may be
used by the licensees for continuing education credit.
(c) These seminars may include, but are not
limited to the following subjects: laws and rules, policies and Uniform
Standards of Professional Appraisal Practice.
(6) The purpose of continuing education is to
ensure that the appraiser participates in a program that maintains and
increases his or her skill, knowledge and competency in real estate
appraisal.
(7) The Commission may
grant up to one-half (1/2) of an individual's continuing education credit for
participation, other than as a student, in appraisal educational processes and
programs. Examples of activities for which credit may be granted are teaching,
program development, authorship of textbooks, or similar activities which the
Commission determines are equivalent to obtaining continuing education. Credit
for instructing any given course or seminar can only be awarded once during a
continuing education cycle.
(8) A
licensee or certificate holder may complete the individual's required
continuing education credits via distance education.
Notes
Authority: T.C.A. ยงยง 62-39-203, 62-39-204, 62-39-205, 62-39-306, 62-32-315, 62-39-325, 62-39-329, and 62-39-333.
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