Appraisal Licensing Requirements

Out-of-State Licensees
Registered Intern
Licensed Residential Appraiser
Certified Residential Appraiser
Certified General Appraiser
List of Accredited Pre-License Education Providers

Out of State Licensees 

Those wishing to obtain a Nevada appraiser license and who hold a valid appraiser license in another state, district, or US territory have an abbreviated application process.  These individuals must:

  1. Submit a completed application

    • No log is required

    • No verification of experience is required
       

  2. Submit a copy of the appraiser license from their home state and 
     

  3. Show proof of completing 3 hours of education in Nevada Appraisal Law

 

Registered Intern

To become a registered intern, the applicant must meet the following criteria:

  1. Show proof of completion of the following education: (courses must be approved by the Nevada Commission of Appraisers)

    • 30 hours of basic appraisal principles

    • 30 hours of basic appraisal procedures

    • 15 hours of National USPAP

    • 3 hours of Nevada Law
       

  2. Submit a completed registration application; and
     

  3. Submit required fees

    • $100 application fee

    • $190.00 registration fee

     

  4. 2-year valid period

 

***ATTENTION INTERNS***

Pursuant to NAC 645C.068 Registered interns are required to attend 6 hours of a Commission hearing prior to applying for a license/certification.

Click here to view schedule of meetings.

 

NAC 645C.068  Requirement for registered intern to attend meetings of Commission. (NRS 645C.210)  A registered intern must attend at least 6 hours of meetings of the Commission before he may apply for a license or certificate. The Commission will certify to the attendance of the registered intern.

(Added to NAC by Comm’n of Appraisers of Real Estate by R158-05, eff. 9-18-2006)

 

(NAC 645C.243  Required instruction: Registration as intern.)

 

 

Licensed Residential Appraiser

Applicants for a residential appraiser license must:

  1. Show proof of completion of the following education (courses must be approved by the Nevada Commission of Appraisers):

    • 30 hours basic appraisal principles;
    • 30 hours basic appraisal procedures;
    • 15 hours National USPAP;
    • 15 hours residential market analysis and analysis of the highest and best use of real estate;
    • 15 hours valuation of a site and cost approach for a residential appraiser;
    • 30 hours residential sales comparison and income approaches;
    • 15 hours of instruction on residential report writing and case studies; and
    • 3 hours of Nevada Law.  

2. Show proof of at least 2 years and 2,400 hours of experience working as an appraiser or intern; and

  • Submit a completed license application; and
  • Show proof of passing the Appraisal examination or proof of active licensure in another state.
  • Submit required fees:

    -  $100.00 application fee; and
    -  $240.00 license fee; and
    -  $80.00 Federal Financial Institutions Examination Council fee

  • 2-year valid period.

* EDUCATION AND EXPERIENCE MUST BE COMPLETED PRIOR TO TAKING THE STATE LICENSING EXAM *

(NAC 645C.235 Required instruction: Licensure as residential appraiser.)

Certified Residential Appraiser

Applicants must:

  • Show proof of completion of the following courses: (courses must be approved by the Nevada Commission of Appraisers)

-  30 hours basic appraisal principles;
-  30 hours basic appraisal procedures;
-  15 hours National USPAP;
-  15 hours market analysis and analysis of the highest and best use of real estate;
-  15 hours residential appraiser valuation of a site and cost approach;
-  30 hours residential sales comparison and income approaches;
-  15 hours residential report writing and case studies;
-  15 hours statistics, modeling and finance;
-  15 hours advanced residential applications and case studies;
-  3 hours Nevada Law; and
-  20 hours of instruction in elective courses relating to appraisals.

An applicant for a certificate as a residential appraiser must: 

     (a) Hold an associate degree or higher from an accredited college or university. (Official transcript required); or

     (b) Have earned at least a total of 21 semester credit hours or its equivalent in the following subjects, with a minimum of 3 semester credit hours or its equivalent in each of the following subjects, from an accredited college or university. (Official transcript required):
 

(1) English composition;

(2) Principles of micro- or macroeconomics;

(3) Finance;

(4) Algebra, geometry or a higher level of mathematics;

(5) Statistics;

(6) Introduction to computers, including word processing and spreadsheets; and

(7) Business or real estate law.

Show proof of at least 2 years of and 2,500 hours experience working as an appraiser or intern, including not less that 500 hours of experience relating to complex property (NRS 645C 0.55 "Complex property" defined);

  • Submit a completed license application;
  • Show proof of passing the Appraisal examination or proof of active licensure in another state; and
  • Submit required fees:

-  $100.00 application fee; and

-  $240.00 license fee; and

-  $80.00 Federal Financial Institutions Examination Council fee

  • 2-year valid period.

* EDUCATION AND EXPERIENCE MUST BE COMPLETED PRIOR TO TAKING THE STATE LICENSING EXAM *

NAC 645C.237  Required instruction: Certification as residential appraiser.

Certified General Appraiser

Applicants must:

  • Show proof of completion of the following education:  (courses must be approved by the Nevada Commission of Appraisers)

-  30 hours basic appraisal principles;

-  30 hours basic appraisal procedures;

-  15 hours National USPAP;

-  30 hours general market analysis and highest and best use;

-  30 hours general appraiser valuation of a site and cost approach;

-  30 hours general appraiser sales comparison approach;

-  60 hours general appraiser income approach;

-  30 hours general appraiser report writing and case studies;

-  15 hours statistics, modeling and finance;

-  3 hours of Nevada Law; and

-  30 hours of instruction in elective courses relating to appraisals.

An applicant for a certificate as a general appraiser must:
 

     (a) Hold a bachelor’s degree or higher from an accredited college or university. (Official transcript required); or

     (b) Have earned at least a total of 30 semester credit hours or its equivalent in the following subjects, with a minimum of 3 semester credit hours or its equivalent in each of the following subjects, from an accredited college or university. (Official transcript required):

          (1) English composition;

          (2) Principles of microeconomics;

          (3) Principles of macroeconomics;

          (4) Finance;

          (5) Algebra, geometry or a higher level of mathematics;

          (6) Statistics;

         (7) Introduction to computers, including word processing and spreadsheets;

          (8) Business or real estate law; and

          (9) Two elective courses in accounting, geography, agricultural economics, business management or real estate.

·         Show proof of at least 3 years working as an appraiser or intern and 3,600 hours experience, including not less than 1,500 hours of experience of appraising commercial real estate of experience ;

·         Submit a completed license application; and

·         Show proof of passing the Appraisal examination or proof of active licensure in another state; and

·         Submit required fees:

-          $100.00 application fee; 

-          $340.00 license fee; and

-          $80.00 Federal Financial Institutions Examination Council fee

·         2-year valid period

* EDUCATION AND EXPERIENCE MUST BE COMPLETED PRIOR TO TAKING THE STATE LICENSING EXAM *

NAC 645C.240  Required instruction: Certification as general appraiser.


List of Accredited Pre-License Education Providers