NORTH CAROLINA APPRAISAL BOARD
Prelicensing Requirements
CLASSIFICATIONS and CRITERIA REQUIREMENTS EFFECTIVE OCTOBER 1, 2019
Type |
Qualifying Education |
College |
Experience
|
Examination |
Other
|
Registered Trainee |
83 hrs |
None |
None |
None |
Supervisor/Trainee Course |
Licensed Residential |
158 hours |
None |
1,000 hours in no less than 6 months |
Licensed Residential Exam |
8-hour Valuation Bias Course |
| Certified Residential |
200 hours |
6 Options |
1,500 hours in no less than 12 months |
Certified Residential Exam |
8-hour Valuation Bias Course |
Certified General |
300 hours |
Bachelors degree or higher |
3,000 hours in no less than 18 months (1,500 in non-residential work) |
Certified General Exam |
8-hour Valuation Bias Course |
Registered Trainee:
Qualifying Education: 83 hours of qualifying education as specified below:
- Basic Appraisal Principles 30 Hours
- Basic Appraisal Procedures 30 Hours
- 15-Hour National USPAP Course, or its Equivalent 15 Hours
- Valuation Bias Fair Housing Laws and Regulations 8 Hours
Other Education: 4- or 7-hour North Carolina Supervisor/Trainee Course
College Education: None
Experience: None
Examination: None
Licensed Residential:
Qualifying Education: 158 hours of qualifying education as specified below:
- Basic Appraisal Principles 30 Hours
- Basic Appraisal Procedures 30 Hours
- 15-Hour National USPAP Course, or its Equivalent 15 Hours
- Valuation Bias Fair Housing Laws and Regulations 8 Hours
- Residential Market Analysis and Highest and Best Use 15 Hours
- Residential Appraiser Site Valuation and Cost Approach 15 Hours
- Residential Sales Comparison and Income Approaches 30 Hours
- Residential Report Writing and Case Studies 15 Hours
Upgrade: 83 hours of qualifying education as specified below:
1. Residential Market Analysis and Highest and Best Use 15 Hours
2. Residential Appraiser Site Valuation and Cost Approach 15 Hours
3. Residential Sales Comparison and Income Approaches 30 Hours
4. Residential Report Writing and Case Studies 15 Hours
Other Education: 8-Hour Valuation Bias Fair Housing Laws and Regulations Course taken on or after July 1, 2025.
College Education: None
Experience: A minimum of 1,000 hours of qualifying experience in no fewer than six (6) months
Examination: The AQB-approved Licensed Residential Real Property Appraiser examination
Certified Residential:
Qualifying Education: 200 hours of qualifying education as specified below:
- Basic Appraisal Principles 30 Hours
- Basic Appraisal Procedures 30 Hours
- 15-Hour National USPAP Course, or its Equivalent 15 Hours
- Valuation Bias Fair Housing Laws and Regulations 8 Hours
- Residential Market Analysis and Highest and Best Use 15 Hours
- Residential Appraiser Site Valuation and Cost Approach 15 Hours
- Residential Sales Comparison and Income Approaches 30 Hours
- Residential Report Writing and Case Studies 15 Hours
Upgrade:
Trainee Registration Holders: 117 hours of qualifying education as specified below:
- Residential Market Analysis and Highest and Best Use 15 Hours
- Residential Appraiser Site Valuation and Cost Approach 15 Hours
- Residential Sales Comparison and Income Approaches 30 Hours
- Residential Report Writing and Case Studies 15 Hours
- Statistics, Modeling and Finance 15 Hours
- Advanced Residential Applications and Case Studies 15 Hours
- Appraisal Subject Matter Electives 12 Hours
Licensed Residential Holders: 42 hours of qualifying education as specified below:
- Statistics, Modeling and Finance 15 Hours
- Advanced Residential Applications and Case Studies 15 Hours
- Appraisal Subject Matter Electives 12 Hour
Other Education: 8-Hour Valuation Bias Fair Housing Laws and Regulations Course taken on or after July 1, 2025.
College Education: 6 Options – Applicants must meet one of the following:
Option 1: Bachelor’s degree or higher
Option 2: Associate degree in a field of study related to one of the following:
- Business Administration
- Accounting
- Finance
- Economics
- Real Estate
Option 3: Thirty (30) semester hours of college-level courses that cover each of the following topic areas and hours:
- English Composition 3 Semester Hours
- Microeconomics 3 Semester Hours
- Macroeconomics 3 Semester Hours
- Finance 3 Semester Hours
- Algebra, Geometry, or higher mathematics 3 Semester Hours
- Statistics 3 Semester Hours
- Computer Science 3 Semester Hours
- Two electives in any of the topics listed above or in accounting, geography, agricultural economics, business management, or real estate
Option 4: Thirty (30) semester hours of College Level Examination Program® (CLEP®) examinations from each of the following subject matter areas:
- College Algebra 3 Semester Hours
- College Composition 3 Semester Hours
- College Composition Modular 3 Semester Hours
- College Mathematics 3 Semester Hours
- Principles of Macroeconomics 3 Semester Hours
- Principles of Microeconomics 3 Semester Hours
- Introductory Business Law 3 Semester Hours
- Information Systems 3 Semester Hours
Option 5: Any combination of Option 3 and Option 4 above that ensures coverage of all topics and hours identified in Option 3.
Option 6: Hold a licensed residential license for a minimum of five years with no record of any adverse final, and non-appealable disciplinary action affecting your legal eligibility to engage in appraisal practice within the five (5) years immediately preceding the date of application for a Certified Residential credential.
Experience: A minimum of 1,500 hours of qualifying experience in no fewer than 12 months
Examination: The AQB-approved Certified Residential Real Property Appraiser examination
Certified General:
Qualifying Education: 300 hours of qualifying education as specified below:
Upgrade:
Trainee Registration Holders: 217 hours of qualifying education as specified below:
- General Appraiser Market Analysis and Highest and Best Use 30 Hours
- Statistics, Modeling and Finance 15 Hours
- General Appraiser Sales Comparison Approach 30 Hours
- General Appraiser Site Valuation and Cost Approach 30 Hours
- General Appraiser Income Approach 60 Hours
- General Appraiser Report Writing and Case Studies 30 Hours
- Appraisal Subject Matter Electives 22 Hours
Licensed Residential Holders: 142 hours of qualifying education as specified below:
- General Appraiser Market Analysis and Highest and Best Use 15 Hour
- Statistics, Modeling and Finance 15 Hour
- General Appraiser Sales Comparison Approach 15 Hour
- General Appraiser Site Valuation and Cost Approach 15 Hours
- General Appraiser Income Approach 45 Hours
- General Appraiser Report Writing and Case Studies 15 Hours
- Appraisal Subject Matter Electives 22 Hours
Certified Residential Holders: 100 hours of qualifying education as specified below:
- General Appraiser Market Analysis and Highest and Best Use 15 Hours
- General Appraiser Sales Comparison Approach 15 Hours
- General Appraiser Site Valuation and Cost Approach 15 Hours
- General Appraiser Income Approach 45 Hours
- General Appraiser Report Writing and Case Studies 10 Hours
Other Education: 8-Hour Valuation Bias Fair Housing Laws and Regulations Course taken on or after July 1, 2025.
College Education: Bachelor’s degree or higher
Experience: A minimum of 3,000 hours of qualifying experience in no fewer than 18 months of which 1,500 hours is in non-residential appraisals
Examination: The AQB-approved Certified General Real Property Appraiser examination |