Section SPS 85.420 - Core curriculum and educational requirements(1) An individual who applies for certification as a certified residential appraiser shall submit evidence satisfactory to the department that the individual has successfully completed all of the following: (a) The required 200 class hour core curriculum established by the AQB. The required curriculum consists of all of the following subject areas and corresponding class hours: 1. Basic appraisal principles - 30 hours.2. Basic appraisal procedures - 30 hours.3. The 15-Hour National USPAP Course or its equivalent - 15 hours.4. Residential market analysis and highest and best use - 15 hours.5. Residential appraiser site valuation and cost approach - 15 hours.6. Residential sales comparison and income approaches - 30 hours.7. Residential report writing and case studies - 15 hours.8. Statistics, modeling and finance - 15 hours.9. Advanced residential applications and case studies - 15 hours.10. Appraisal subject matter electives that may include hours over the minimum required in the subject areas described in subds. 1. to 9. - 20 hours.(b) College-level education meeting the requirements under s. SPS 85.425.(2) A licensed appraiser who applies for a certified residential appraiser credential shall complete all of the class hours under sub. (1)(a) 8. to 10. and college-level education meeting the requirements under s. SPS 85.425.Wis. Admin. Code Department of Safety and Professional Services SPS 85.420
Cr. Register, September, 1991, No. 429, eff. 10-1-91; emerg. am. (1), (2) and (3) (intro.), eff. 10-1-91; am. (1) to (3) (intro.), Register, May, 1992, No. 437, eff. 6-1-92; am. (1) and (2), Register, April, 1994, No. 460, eff. 5-1-94; am. (1), (3) (intro.), Register, June, 1996, No. 486, eff. 7-1-96; am. (2) and (3) (a) to (q), cr. (3) (r), Register, January, 1998, No. 505, eff. 2-1-98; CR 01-100: am. (2), Register February 2002 No. 554, eff. 3-1-02; CR 02-067: am. (1), renum. (2) to be (2) (intro.) and am., cr. (2) (a) and (b) Register November 2002 No. 563, eff. 12-1-02; CR 06-033: renum. from s. RL 84.02 and am. Register November 2006 No. 611, eff. 12-1-06; CR 10-135: r. and recr. Register August 2011 No. 668, eff. 9-1-11; CR 14-016: renum. SPS 85.420 from SPS 84.03; as renumbered, renum. (1) (b) (intro.) to (b) and am., r. (1) (b) 1. to 6. Register September 2014 No. 705, eff. 1-1-15.Amended by,Wisconsin Register December 2014 No. 708, eff.1/1/2015.Amended by, CR 18-104: am. (title), (1) (intro.), (a) (intro.), 3., (b), renum. (2) (intro.) to (2) and am., r. (2) (a) to (c) Register December 2019 No. 768, eff. 1/1/2020