Montana Appraisal License Requirements

Do you want to become a licensed appraiser in Montana? McKissock Learning will help you meet the necessary educational requirements you need to get your appraisal licensed in Montana.

Learn Appraisal Educational Requirements for Montana

This appraisal licensing information summarizes the minimum requirements established by the Montana Board of Real Estate Appraisers. We recommend you contact the Montana Board of Real Estate Appraisers for more detailed information or changes.

If you obtain appraisal licenses in multiple states, we recommend you to check each state's requirements.

Montana Appraisal: Trainee

Qualifying Education:
75 QE Hours.
Basic Appraisal Principles – 30 hrs.
Basic Appraisal Procedures – 30 hrs.
15-hr Nat’l USPAP Update or Equivalent.


2015 AQB Supervisor/Trainee Course Requirement: Both the Trainee Appraiser and Supervisory Appraiser shall be required to complete a course that, at minimum, complies with the specifications for course content established by the AQB. The course must be completed by the Trainee Appraiser prior to obtaining a Trainee Appraiser credential, and completed by the Supervisory Appraiser prior to supervising a Trainee Appraiser.


Experience: N/A


College Education: N/A

Limitations

Effective April 14, 2018 all qualifying education may be completed through distance education, including USPAP.

Governing Agency

Name: Montana Board of Real Estate Appraisers
Phone: 4068412320
Fax: 4068412323
Address: 301 South Park St. 4th Floor Helena, MT 59620

Montana Appraisal: Licensed

Qualifying Education:
150 QE Hours.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
15-hour Nat’l USPAP or Equivalent.
Residential Market Analysis & 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.


Experience: 1,000 hours of acceptable appraisal experience in not less than 6 months.


College Education: No college-level education required.

Limitations

Effective April 14, 2018 all qualifying education may be completed through distance education, including USPAP.

Governing Agency

Name: Montana Board of Real Estate Appraisers
Phone: 4068412320
Fax: 4068412323
Address: 301 South Park St. 4th Floor Helena, MT 59620

Montana Appraisal: Certified Residential

Qualifying Education:
200 QE Hours.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
15-hour Nat’l USPAP or Equivalent.
Residential Market Analysis & 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 – 20 hours.


Experience: 1,500 hours of acceptable appraisal experience in not less than 12 months.


College Education:

1) Bachelor’s Degree in any field of study;
2) Associate’s Degree in a focused field of study, such as business, economics, or real estate;
3) Successful completion of 30 college semester credit hours in specified topics;
4) Successful completion of College-Level Examination Program (CLEP)1 exams equivalent to a minimum of 30 semester credit hours in specified subject matter areas; or
5) Any combination of #3 and #4 above that includes all of the topics identified.
6) A LICENSED RESIDENTIAL appraiser who has been licensed for a minimum of 5 years and in good standing for at least 5 years with no disciplinary actions that would affect the individual’s ability to appraise may upgrade to CERTIFIED RESIDENTIAL without completing any college coursework. 

Limitations

Effective April 14, 2018 all qualifying education may be completed through distance education, including USPAP.

Governing Agency

Name: Montana Board of Real Estate Appraisers
Phone: 4068412320
Fax: 4068412323
Address: 301 South Park St. 4th Floor Helena, MT 59620

Montana Appraisal: Certified General

Qualifying Education:
300 QE Hours.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
15-hour Nat’l USPAP or Equivalent.
General Appraiser Market Analysis & Highest and Best Use - 30 hours.
General Appraiser Site Valuation and Cost Approach - 30 hours.
General Appraiser Sales Comparison Approach - 30 hours.
General Appraiser Report Writing and Case Studies - 30 hours.
Statistics, Modeling and Finance – 15 hours.
General Appraiser Income Approach – 60 hours.
Appraisal Subject Matter Electives – 30 hours.


Experience: 3,000 hours of acceptable appraisal experience in no less than 18 months. A minimum of 1,500 hours of the required experience must be in non-residential appraisal work.


College Education: Must have a Bachelor’s degree or higher.

Limitations

Effective April 14, 2018 all qualifying education may be completed through distance education, including USPAP.

Governing Agency

Name: Montana Board of Real Estate Appraisers
Phone: 4068412320
Fax: 4068412323
Address: 301 South Park St. 4th Floor Helena, MT 59620

Good to know

Other facts and insights about getting your license

Note: This license renewal information is provided as a convenience only and is subject to change at any time. It's ultimately the responsibility of the licensee to be sure that he or she is meeting all requirements for each license and corresponding renewal period.