Here's what you need to renew your New York Appraisal license
The information below is a summary of the minimum requirements set forth by the New York Department of State. For a more detailed requirements breakdown, please see the board's site.
If you hold Appraisal licenses in multiple states, please make sure to check each state's requirements.
New York Appraisal: Trainee
Online Info
75 QE Hours:
Basic Appraisal Principles (R-5) (30 hours)
Basic Appraisal Procedures (R-6) (30 hours)
15-hour National USPAP Course 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
Online Limitations
Please review the following documents for specific proctored exam instructions: McK NY Proctor List and NY Course Final Exam Proctor Policy
Roster
Governing Agency
New York Appraisal: Licensed
Online Info
Qualifying Education:
150 QE Hours:
Basic Appraisal Principles (R-5) (30 hours)
Basic Appraisal Procedures (R-6) (30 hours)
15-hour National USPAP Course or Equivalent
Residential Market Analysis and Highest and Best Use (R-7) (15 hours)
Residential Appraiser Site Valuation and Cost Approach (R-8) (15 hours)
Residential Sales Comparison and Income Approaches (R-9) (30 hours)
Residential Report Writing and Case Studies (R-10) (15 hours)
Experience: 1,000 hours of acceptable appraisal experience in not less than 24 months.
College Education: No college-level education required.
Online Limitations
Please review the following documents for specific proctored exam instructions: McK NY Proctor List and NY Course Final Exam Proctor Policy
Roster
Governing Agency
New York Appraisal: Certified Residential
Online Info
Qualifying Education:
200 QE Hours:
Basic Appraisal Principles (R-5) (30 hours)
Basic Appraisal Procedures (R-6) (30 hours)
15-hour National USPAP Course or Equivalent
Residential Market Analysis and Highest and Best Use (R-7) (15 hours)
Residential Appraiser Site Valuation and Cost Approach (R-8) (15 hours)
Residential Sales Comparison and Income Approaches (R-9) (30 hours)
Residential Report Writing and Case Studies (R-10) (15 hours)
Statistics, Modeling and Finance (SMF) (15 hours)
Advanced Residential Applications and Case Studies (R-11) (15 hours)
Appraisal Subject Matter Electives (20 hours): Introduction to Residential Income Properties (RE-1), Fair Housing/Fair Lending and Environmental Issues (RE-2), or such other elective course approved by the Department.
Experience: 1,500 hours of acceptable appraisal experience in not less than 24 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.
Online Limitations
Please review the following documents for specific proctored exam instructions: McK NY Proctor List and NY Course Final Exam Proctor Policy
Roster
Governing Agency
New York Appraisal: Certified General
Online Info
Qualifying Education:
300 QE Hours:
Basic Appraisal Principles (R-5) (30 hours)
Basic Appraisal Procedures (R-6) (30 hours)
15-hour National USPAP Course or Equivalent
General Market Analysis and Highest and Best Use (G-4) (30 hours)
Statistics, Modeling and Finance (SMF) (15 hours)
General Appraiser Sales Comparison Approach (G-5) (30 hours)
General Appraiser Site Valuation and Cost Approach (G-6) (30 hours)
General Appraiser Income Approach (G-7) (60 hours)
General Appraiser Report Writing and Case Studies (G-8) (30 hours)
Fair Housing, Fair Lending and Environmental Issues (GE-1) (15 hours)
Appraisal Subject Matter Electives (15 hours): Specialty Appraisals (GE-2) 15 hours Using the HP12C Financial Calculator (GE-3), or such other elective course approved by the Department.
Experience: 3,000 hours of acceptable appraisal experience in no less than 24 months.
College Education: Must have a Bachelor’s degree or higher.
Online Limitations
Please review the following documents for specific proctored exam instructions: McK NY Proctor List and NY Course Final Exam Proctor Policy
Roster
Governing Agency
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Other facts and insights about completing your CE
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.