(1) Definitions.

Terms Used In Florida Regulations 61J1-10.001

  • Appraisal: A determination of property value.
    (a) “”Accredited”” means accredited by the Commission on Colleges, a regional or national accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education.
    (b) “”AQB”” means Appraiser Qualifications Board, which is an independent board of the Appraisal Foundation.
    (c) “”Classroom hour”” is defined as 50 minutes out of each 60-minute segment.
    (d) “”USPAP”” means Uniform Standards of Professional Appraisal Practice, as set forth in Fl. Admin. Code R. 61J1-9.001
    (2) Classroom Hours.
    (a) The classroom hours may include the classroom pre-license education required to become a registered trainee appraiser, the classroom pre-license education required to become a licensed appraiser, the classroom pre-license education required to become a certified residential appraiser, or the applicable classroom hours of post-license education for registered trainee appraisers.
    (b) Credit towards the classroom hour requirement shall only be granted where the length of the educational offering is at least 15 classroom hours, and the person successfully completes an examination pertinent to that educational offering. Any applicant requesting the issuance of his or her certification shall provide the Board with proof of passing a written examination as specified in Florida Statutes § 475.616, and as further defined by Fl. Admin. Code R. 61J1-5.001, if a written examination is required. Examination results are only valid for a maximum period of 24 months from the exam date.
Rulemaking Authority 475.614 FS. Law Implemented 475.611(1)(w), 475.613(2), 475.615(2), 475.616, 475.617 FS. History-New 12-27-07, Amended 3-31-09, 2-10-14.