Section 36.222. Required courses of study

(a) Courses of study. The applicant for certification as a Pennsylvania evaluator shall submit evidence to the Board of having completed 90 classroom hours of courses in subjects covering the appraisal assessing profession, which include coverage of the following topics:

(1) Influence in real estate value.

(2) Legal considerations influencing value.

(3) Types of values.

(4) Economic principles.

(5) Real estate markets and analysis.

(6) Valuation process.

(7) Property description.

(8) Highest and best use analysis.

(9) Appraisal statistical concepts.

(10) Sales comparison approach.

(11) Site value.

(12) Cost approach.

(13) Income approach, including direct and yield capitalization techniques.

(14) Valuation of partial interests.

(15) Uniform Standards of Professional Appraisal Practice.

(16) Narrative report writing.

(17) Assessment law and practice.

(18) Mass appraisal systems.

(19) Mapping.

(b) Length of classroom hour requirement. Credit toward the classroom hour requirement will only be granted if the length of the educational offering is at least 15 hours of instruction, and the applicant successfully completes an examination pertinent to that educational offering. A classroom hour is defined as 50 minutes out of each 60 minute segment.

(c) Teaching credit. Credit toward the classroom hour requirement will be awarded to teachers of appraisal or assessment related courses for actual classroom time. Credit will not be given for course repetition.

Notation

Cross References

This section cited in 49 Pa. Code § 36.221 (relating to qualifications for certification as a Pennsylvania evaluator); and 49 Pa. Code § 36.224 (relating to distance education courses).