1). Complete
application for licensure (Licensed, Certified Residential,
Certified General) or
application for temporary registration (for out-of-state licensed
appraisers on single project in Wisconsin).
2). Submit verification
of education to the Department for review.
Licensed Appraiser: Completion of program
of study for licensed appraisers of at least 90 hours of instruction
covering topics indicated in
Wisconsin Administative Code, RL 84.04.
Certified Residential Appraiser:
Completion of a program of study for certified residential appraisers
of at least 120 hours of instruction covering topics indicated in
Wis
Admin. Code, RL 84.02
Certified General Appraiser: Completion of
a program of study for certified general appraisers of at least 180
hours of instruction covering topics indicated in
Wis.
Admin Code, 84.03.
3). Pass the examination on Wisconsin regulations.
All three types of credential require applicants to
pass an examination on Wisconsin regulations governing appraisal
practices in the state. Applicants are also required to pass a
national examination on appraisal practice specific to the type of
credential for which they are applying. These examinations are
currently administered by
Promissor for Wisconsin. Information on the examinations may be
obtained on their web site, and applicants for a Wisconsin license
will also receive information on paper regarding the examinations.
4). Submit verification of experience to the
Department for review.
Licensed Residential: 500 hours of
appraisal experience
Certified Residential: 2,500 hours of
appraisal experience in not less than 24 months
Certified General: 3,000 hours of appraisal experience in not
less than 30 months, of which no more than 50% can be residential
appraisal experience.
Federal Regulations: Title XI of the
Financial Institutions Recovery, Reform and Enforcement Act of 1989,
12 U.S.C. 3331-3351.
Check the
FAQs to determine if a
credential can be transferred from other States/Countries.
Biennial renewal due by December 31 of odd-numbered years
Common Denial Reason: Experience not in
full compliance with the Uniform Standards of Professional Appraisal
Practice (
USPAP ).
Convictions of crimes or pending charges may be grounds
for denial of license if the circumstances of the conviction or charge
are substantially related to professional practice.
Wisconsin Chapter