AQB Degree Equivalencies
Certified Residential Property Appraiser
Section III.B. (page 20 of the RPAQC)
Applicant must satisfy at least one of the following five options:
- Bachelor’s Degree in any field of study
- Associate’s Degree in a field of study related to:
- Business Administration;
- Economics; or
- Real Estate.
- Successful completion of 30 semester hours of college-level courses that cover each of the following specific topic area 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);
- Business or Real Estate Law (3 semester hours); and
- Two elective courses in any of the topics listed above or in accounting, geography, agricultural economics, business management, or real estate (3 semester hours each).
- Successful completion of at least 30 hours of College Level Examination Program (CLEP) examinations from each of the following subject matter areas:
- College Algebra (3 semester hours);
- College Composition (6 semester hours);
- College Composition Modular (3 semester hours);
- College Mathematics (6 semester hours);
- Principles of Macroeconomics (3 semester hours);
- Principles of Microeconomics (3 semester hours);
- Introductory Business Law (3 semester hours); and
- Information Systems (3 semester hours).
- Any combination of III.B3. and III.B.4 that ensures coverage of all topics and hours identified in III.B.3.
Certified General Real Property Appraiser
Section III.A. (page 23 of the RPAQC)
Applicants for the Certified General credential must hold a Bachelor’s degree or higher from an accredited college or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a national or regional accreditation association, or by an accrediting agency that is recognized by the US Secretary of Education. Applicants with a college degree from a foreign country may have their education evaluated for “equivalency” by one of the following:
- An accredited, degree-granting domestic college or university;
- A foreign degree credential evaluation service company that is a member of the National Association of Credential Evaluation Services (NACES); or
- A foreign degree credential evaluation service company that provides equivalency evaluation reports accepted by an accredited degree-granting domestic college or university or by a state licensing board that issues credentials in another discipline.
Real Property Appraiser Qualification Criteria (Criteria)
The Real Property Appraiser Qualification Criteria (Criteria) is issued by the AQB. State appraiser regulatory agencies are required to implement real property appraiser licensing and certification requirements that are no less stringent than those issued by the AQB in the Criteria.
Still have questions?
Don't hesitate to call our team at 312-335-4111 or send us a message.
We’re here to help and happy to answer your questions!