Minnesota Appraisal License Requirements

Whether you're just getting started or a seasoned pro, McKissock will help you meet the necessary appraisal educational requirements in Minnesota that you need to become licensed.

Learn Appraisal Educational Requirements for Minnesota

This appraisal licensing information summarizes the minimum requirements established by the Minnesota Department of Commerce. We recommend you contact the Minnesota Department of Commerce for more detailed information or changes.

Minnesota Appraisal: Trainee

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

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

The Minnesota Dept. of Commerce requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course! Please note that your courses will time out after 10 minutes of inactivity!

Roster

Roster Required: yes
Roster Process:
Roster Sent: Every days

Governing Agency

Name: Minnesota Department of Commerce
Phone: 6515391599
Fax: 6515390112
Address: 85 7th Place East, Suite 500 St. Paul, MN 55101

Minnesota Appraisal: Licensed

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

The Minnesota Dept. of Commerce requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course! Please note that your courses will time out after 10 minutes of inactivity!

Roster

Roster Required: yes
Roster Process:
Roster Sent: Every days

Governing Agency

Name: Minnesota Department of Commerce
Phone: 6515391599
Fax: 6515390112
Address: 85 7th Place East, Suite 500 St. Paul, MN 55101

Minnesota Appraisal: Certified Residential

Qualifying Education:
200 QE Hours.
15-hour Nat’l USPAP or Equivalent.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
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 in no fewer 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

The Minnesota Dept. of Commerce requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course! Please note that your courses will time out after 10 minutes of inactivity!

Roster

Roster Required: yes
Roster Process:
Roster Sent: Every days

Governing Agency

Name: Minnesota Department of Commerce
Phone: 6515391599
Fax: 6515390112
Address: 85 7th Place East, Suite 500 St. Paul, MN 55101

Minnesota Appraisal: Certified General

Qualifying Education:
300 QE Hours.
15-hour Nat’l USPAP or Equivalent.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
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

The Minnesota Dept. of Commerce requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course! Please note that your courses will time out after 10 minutes of inactivity!

Roster

Roster Required: yes
Roster Process:
Roster Sent: Every days

Governing Agency

Name: Minnesota Department of Commerce
Phone: 6515391599
Fax: 6515390112
Address: 85 7th Place East, Suite 500 St. Paul, MN 55101

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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.