(1) An applicant for certification as a residential appraiser shall provide to the division evidence of:

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Utah Code 61-2g-313

  • Appraisal: A determination of property value.
  • Appraisal: means an analysis, opinion, or conclusion relating to the nature, quality, value, or utility of a specified interest in, or aspect of, identified real estate or identified real property. See Utah Code 61-2g-102
  • Board: means the Real Estate Appraiser Licensing and Certification Board that is established in Section 61-2g-204. See Utah Code 61-2g-102
  • Concurrence: means that the entities that are given a concurring role jointly agree to an action. See Utah Code 61-2g-102
  • Division: means the Division of Real Estate of the Department of Commerce. See Utah Code 61-2g-102
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Real estate: means an identified parcel or tract of land including improvements if any. See Utah Code 61-2g-102
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Real property: means one or more defined interests, benefits, or rights inherent in the ownership of real estate. See Utah Code 61-2g-102
     (1)(a) the applicant’s good moral character, honesty, competency, integrity, truthfulness, and general fitness to command the confidence of the community;
     (1)(b) completion of the certification examination with a satisfactory score as determined by the Appraisal Qualification Board;
     (1)(c) completion of the educational requirements established by rule in accordance with Subsection (3); and
     (1)(d) experience in real property appraisal as established by rule in accordance with Subsection (3).
(2) Upon request by the division, an applicant shall make available to the division for examination:

     (2)(a) a detailed listing of the real estate appraisal reports or file memoranda for which experience is claimed; and
     (2)(b) a sample selected by the division of appraisal reports that the applicant has prepared in the course of the applicant’s appraisal practice.
(3)

     (3)(a) The division shall, with the concurrence of the board, make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, that establish:

          (3)(a)(i) the educational requirements described in Subsection (1)(c); and
          (3)(a)(ii) the experience in real property appraisal described in Subsection (1)(d).
     (3)(b) The educational and experience requirements established under Subsection (3)(a) shall meet or exceed the educational requirements and the hourly experience requirements adopted by the Appraisal Qualification Board.
     (3)(c) The division may not require that an applicant complete the educational or experience requirements established under Subsection (3)(a) within a minimum time period.
     (3)(d) Subsection (3)(c) does not apply if federal law requires a minimum time period for appraiser education or experience.