Florida Statutes 475.616 – Examination requirements
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 475.616
- Appraisal: A determination of property value.
- Appraiser: means any person who is a registered trainee real estate appraiser, a licensed real estate appraiser, or a certified real estate appraiser. See Florida Statutes 475.611
- real estate: means any interest or estate in land and any interest in business enterprises or business opportunities, including any assignment, leasehold, subleasehold, or mineral right; however, the term does not include any cemetery lot or right of burial in any cemetery; nor does the term include the renting of a mobile home lot or recreational vehicle lot in a mobile home park or travel park. See Florida Statutes 475.01
To be certified as an appraiser, the applicant must demonstrate, by passing a written examination, that she or he possesses:
(1) A knowledge of technical terms commonly used in real estate appraisal.
(2) An understanding of the principles of land economics, real estate appraisal processes, reliable sources of appraising data, and problems likely to be encountered in the gathering, interpreting, and processing of data in carrying out appraisal disciplines.
(3) An understanding of the standards for the development and communication of real estate appraisals as provided in this part.
(4) An understanding of the types of misconduct for which disciplinary proceedings may be initiated against a licensed or certified appraiser, as set forth in this part.
(5) Knowledge of the theories of depreciation, cost estimating, methods of capitalization, and the mathematics of real estate appraisal.