INFORMATION FOR APPLICATION - North …

1 North carolina . APPRAISAL board . INFORMATION . FOR. APPLICATION . PUBLISHED BY: North carolina Appraisal board Revised April 2018. General INFORMATION Introduction Appraiser Classifications This booklet has been prepared and published by the You may apply to become either a (1) Registered North carolina Appraisal board for the purpose of Trainee, (2) Licensed Residential real estate appraiser, providing INFORMATION to interested persons regarding (3) Certified Residential real estate appraiser, or (4). the process and procedures for becoming a Registered Certified General real estate appraiser.

2 Trainee or a Licensed or a Certified real estate appraiser in North carolina . Although every effort has been made Use of Titles to consolidate into this single publication basic INFORMATION concerning the major areas of interest to Registered Trainees must utilize either the title prospective appraiser trainees, licensees, and certificate registered trainee or trainee real estate appraiser . holders, some questions may have been left They must be actively supervised by a certified real unanswered. Therefore, if you desire more detailed estate appraiser.

3 INFORMATION regarding specific points of concern, you are advised to contact the Appraisal board . Licensed Residential appraisers must utilize the title Licensed Residential real estate appraiser when appraising real estate and may identify themselves to This publication is required reading for anyone the public as holding such title. making APPLICATION for any level of licensure in North carolina . READ IT CAREFULLY. Certified Residential appraisers must utilize the title You will notice throughout this booklet that masculine Certified Residential real estate appraiser when terms have been used to refer to trainees, appraisers, appraising real estate and may identify themselves to and applicants.

4 This has been done strictly for the the public as holding such title. purpose of clarity and is not intended to diminish in any way the prominent role of women in the appraisal Certified General appraisers must utilize the title industry. Certified General real estate appraiser when appraising real estate and may identify themselves to the public as Appraiser Registration, Licensure and holding such title. Certification Authorized Tasks On October 1, 1995, pursuant to legislation enacted by the North carolina General Assembly, North carolina The federal financial institutions' regulatory agencies appraiser registration/certification became mandatory.

5 (FDIC, FHFA, Federal Reserve board , HUD, OCC, NCUA. Under this legislation it is unlawful to engage in the and CFPB) have determined that Licensed and Certified business of real estate appraisal without first obtaining a real estate appraisers are authorized to perform those registration, license, certificate, or temporary practice appraisal tasks indicated in the chart shown on page 12. permit issued by the Appraisal board . The Appraisal board administers the appraiser qualification programs APPLICATION Process and the board makes all decisions regarding qualification requirements, applicants' qualifications, and disciplinary Generally, candidates can expect the entire APPLICATION matters.

6 The board also promulgates administrative process to require from four to six weeks. Factors that rules, issues registrations, licenses and certificates, and affect the processing time are the completeness of the provides administrative support through its staff. APPLICATION when filed, the time it takes a candidate to respond to the board staff's request for copies of For INFORMATION concerning this program, contact: appraisal files to demonstrate appraisal experience, how soon an approved candidate is able to pass the appropriate examination, and the number and nature of North carolina Appraisal board any character issues or questions with respect to fitness 5830 Six Forks Road for licensure.

7 Raleigh, NC 27609. Phone: 919-870-4854 You cannot hold yourself out as or engage in the Fax: 919-870-4859 business of a Registered Trainee, Licensed or Certified Email: appraiser until your registration, license or certificate has Website: been issued. 1. APPLICATION Form APPLICATION Fees If you wish to become a Registered Trainee or a Your APPLICATION for a real estate appraiser registration, Licensed or Certified real estate appraiser, you must licensure or certification must include the proper fee. complete and file with the Appraisal board an original The non-refundable APPLICATION fee for an APPLICATION for Appraiser Registration, Licensure, or appraiser registration, license or certificate is Certification.

8 The original APPLICATION form or a duplicate $200 and must be paid by Certified Check or copy may be used but no altered forms or reformatting Money Order made payable to the North carolina of the APPLICATION will be permitted or accepted. It is Appraisal board . The check or money order must recommended that you use the current version of the be for exactly $200, and you must submit a APPLICATION form from the board website at the time of separate $200 Certified Check or Money Order APPLICATION . with each APPLICATION . DO NOT SEND CASH OR PERSONAL CHECKS.

9 The APPLICATION Form constitutes a sworn affidavit;. therefore, you must sign it before a Notary Public. Once your APPLICATION has been filed and processed, Any omissions, inaccuracies, or failure to make full your fee will not be refunded UNLESS the Appraisal disclosures in your APPLICATION may be deemed sufficient board , in its discretion, determines that you did not reason to not grant you permission to take an affirmatively demonstrate minimum requirements on the examination, or to not approve the issuance of your face of the APPLICATION .

10 Appraiser registration, license, or certificate if you are already Registered, Licensed, or Certified. APPLICATION Filing You are cautioned to carefully read and follow the In order to schedule yourself for the license or instructions on the APPLICATION Form. If you fail to certification examination, a properly completed properly complete this form, your APPLICATION may be APPLICATION form and APPLICATION fee must be received in returned. the board 's office. We will let you know if your APPLICATION is not complete or if we need more In addition to general biographical INFORMATION , the INFORMATION (please include your email address on page APPLICATION Form calls for you to submit: 1 of the APPLICATION , as the board may contact you via 1.)