Alabama Administrative Code Chapter 780-X-AB — Appendix B Forms

chapter-780-x-abAla. Admin. Code ch. 780-X-ABRegulation

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780 Alabama Real Estate Appraisers Board

Ala. Admin. Code r. 780-X-AB-.01 Appraisers Application Packet

Form a11916

CONDUCT:

An appraiser must perform ethically and competently in accordance with these standards and not engage in conduct that is unlawful, unethical, or improper. An appraiser who could reasonably be perceived to act as a disinterested third party in rendering an unbiased appraisal, review, or consulting service must perform assignments with impartiality, objectivity, and independence and without accommodation of personal interest.

Comment: An appraiser is required to avoid any action that could be considered misleading or fraudulent.

In particular, it is unethical for an appraiser to use or communicate a misleading or fraudulent report or to knowingly permit an employee or other person to communicate a misleading or fraudulent report.

The development of an appraisal review, or consulting service based on a hypothetical condition is unethical unless: 1) the use of hypothesis is clearly disclosed, 2) the assumption of the hypothetical condition is clearly required for legal purposes, for purposes of reasonable analysis, or for purposes of comparison and would not be misleading; and 3) the report clearly describes the rationale for this assumption, the nature of the hypothetical condition, and its effect on the result of the appraisal, review or consulting service.

Individual appraisers employed by a group or organization which conducts itself in a manner that does not conform to these standards should take steps that are appropriate under the circumstances to ensure compliance with the standards.

MANAGEMENT:

The acceptance of compensation that is contingent upon the reporting or a predetermined value or a direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event is unethical.

The payment of undisclosed fees, commissions, or things of value in connection with the procurement of appraisal, review or consulting assignment is unethical.

Comment: Disclosure of fees, commissions, or things of value connected to the procurement of an assignment should appear in the certification of a written report and in any transmittal letter in which conclusions are stated. In groups or organizations engaged in appraisal practice, intra-company payments to employees for business development are not considered to be unethical. Competency, rather than financial incentives, should be the primary basis for awarding an assignment.

Advertising for or soliciting appraisal assignments in a manner which is false, misleading or exaggerated is unethical.

Comment: In groups or organizations engaged in appraisal practice, decisions concerning finder or referral fees, contingent compensation, and advertising may not be the responsibility of an individual appraiser, but for a particular assignment, it is the responsibility of the individual appraiser to ascertain that there has been no breach of ethics, that the appraisal is prepared in accordance with these standards, and that the report can be properly certified as required by Standards Rules 2-3, 3-2, 5-3, 8-3 or 10-3.

Form a11917

Ala. Admin. Code r. 780-X-AB-.02 Application For Reciprocal Appraiser License

APPLICATION FOR APPRAISER LICENSE

Form a11918

Form a11919

Form a11920

Form a11921

Form a11922

Form a11923

Form a11924

Form a11925

Form a11926

Form a11927

Form a11928

CHECKLIST FOR BECOMING LICENSED AND/OR CERTIFIED APPRAISER

Form a11929

residential properties having transaction value of $250,000 or less; (b) non-complex appraisals of 1 to 4 unit residential properties having transaction value of $1,000,000 or less; (c) appraisals of other types of real estate having transaction value of $250,000 or less. The Licensed Real Property Appraiser is authorized to give a "Certified Appraisal" on a federally-related transaction, in accordance with FIRREA requirements (not to be confused with the "License Only" category which was in effect until June 1, 1994).

  1. Certified Residential Real Property Appraiser -- This classification refers to those individuals licensed by the Board as being qualified to perform federally-related residential real estate appraisals on 1 to 4 unit residential properties without regard to the complexity or dollar amount. These appraisers are also permitted to appraise non-residential properties having a transaction value of $250,000 or less. The Certified Residential Real Property Appraiser is authorized to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

  2. Certified General Real Property Appraiser -- This classification shall consist of those persons certified by the Board as qualified to perform appraisals on all types of real estate, regardless of complexity or transaction value. This classification allows the appraiser to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

EDUCATION, EXAMINATION AND EXPERIENCE REQUIREMENTS

  1. The "Trainee Real Property Appraiser" -- no experience or exam is required. This entry-level classification requires 75 classroom hours of Board-approved appraisal education during the last 10 years. Fifteen of the 75 hours must be in the Uniform Standards of Professional Appraisal Practice. Trainee's appraisal experience must be under the direct supervision of a Licensed or Certified Real Property appraiser. If the Trainee plans to use these experience hours as part of the experience needed for licensure, the work must be included in the Trainee's assignment log, and the appraisal report must be signed by the supervising appraiser.

  2. The "Licensed Real Property Appraiser" -- classification became available June 1, 1994 and applies only to appraisers licensed or reclassified after that date. The appraiser is required to have completed, during the last 10 years, 75 classroom hours of Board-approved appraisal education, fifteen of which must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.

  3. The "Certified Residential Real Property Appraiser" -- classification requires 120 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 120 hours must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.

  4. The "Certified General Real Property Appraiser" -- classification requires 165 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 165 hours must be in the Uniform Standards of Professional Appraisal Practice. The appraiser must have a minimum of 2000 hours actual appraisal experience. At least 1000 of the 2000 hours experience must be in non-residential appraisal work during past five years. Applicant is required to pass a state examination for this classification.

The Alabama Real Estate Appraisers Board does not discriminate on the basis of race, color, national origin, sex, religion, age or disability in employment or the provision of services.

STUDYGUIDE FOR THE REAL PROPERTY APPRAISER EXAMINATIONS

Akerson, Charles B., The Appraiser's Workbook, Chicago: American Institute of Real Estate Appraisers,

1985

An Introduction to Appraising Real Property, Society of Real Estate Appraisers, 1975

Appraisal Guide, SRA

The Appraisal Journal

The Appraisal of Real Estate, Chicago: American Institute of Real Estate Appraisers, 1984, 1987, 10th Ed.

Appraisal Real Estate, 8th Edition

Appraisal Terminology and H.B., 1954 Edition

Appraising Residential Properties, Chicago: American Institute of Real Estate Appraisers, 1988

Beron, Gail, Boyce, Byrl N., Kinnard, William N., Scribner, David, An Introduction to Appraising Real

Property, Revised 5th Edition

Beron, Gail L., Applied Residential Property Valuation, 6th Edition, 1985

Bloom, George F., Harrison, Henry S., Appraising the Single-Family Residences, Chicago: American

Institute of Real Estate Appraisers, 1984, 1987

Boyce and Kinnard, Appraisal of Real Estate, 1984, SREA

Boyce, Byrl N., Kinnard, William N. Jr., Appraising Real Property, Lexington, MA: D. C. Heath and

Company, 1984, 1987

Building Construction Estimating, 2nd Edition

Dictionary of Real Estate Appraisal, 2nd Edition. Chicago: American Institute of Real Estate Appraisers,

1984, 1989.

Ellwood, Financial Tables

Encyclopedia of Real Estate Appraising, Edity Freeman, Prentice-Hall

Friedman, Harris, and Lindeman, Dictionary of Real Estate Terms (Barrons)

Fundamentals of Real Estate Appraisal, 3rd, 4th Edition

Harrison, Henry S., Harrison, Julie S., Harrison's Illustrated Dictionary of Real Estate Appraisal, New

Haven, CT: Collegiate Distribution Company, 1983

Harwood, Bruce; Ellis, John, Real Estate Resource Book, 1986

How to Appraise Commercial Properties. e.d. Robinson, ASA.

Kinnard, William N., Jr., Income Property Valuation, Lexington, MA: D.C. Heath and Company, 1971

Kratovil, Robert, Real Estate Law, 6th Edition, Prentice-Hall, 1974

Lomax Tables

Marshall and Swift, Cost Calculation

Modern Real Estate, John Wiley and Sons, 1987

Rayburn, William B., SRPA, Exam Preparation for Residential Appraiser Certification: Appraisal Institute

Real Estate Appraisal Applications, American Institute of Real Estate Appraisers, 1990

Real Estate Appraisal Terminology, SREA, 1984

Real Estate Principles and Practices, 3rd Edition.

Ring, Alfred A., The Valuation of Real Estate, Englewood Cliffs, NJ: Prentice-Hall, 1970

Swango, Dan, Appraising Single-Family Residences, SREA

Uniform Standards of Professional Practice and Conduct, SREA

Uniform Standards of Professional Appraisal Practice, Washington, D.C.: The Appraisal Foundation.

Ventolo, William L. Jr., Williams, Martha R., Fundamentals of Real Estate Appraisal, 5th Edition,

Chicago: Longman, 1987, 1990

NATIONAL UNIFORM EXAMINATION CONTENT OUTLINE

ALL APPRAISER CLASSIFICATIONS

I. INFLUENCES ON REAL ESTATE VALUE

A. Physical & Environmental

B. Economic

C. Governmental & Legal

D. Social

II. LEGAL CONSIDERATIONS IN APPRAISAL

A. Real estate vs. real property

B. Real property vs. personal property

  1. Fixtures

  2. Trade Fixtures

  3. Machinery & equipment

C. Limitations on real estate ownership

  1. Private

a. Deed restrictions

b. Leases

c. Mortgages

d. Easements

e. Liens

f. Encroachments

  1. Public

a. Police power

(1) Zoning

(2) Building & fire codes

(3) Environmental regulations

b. Taxation

(1) Property tax

(2) Special assessments

c. Eminent domain

d. Escheat

D. Legal rights & interests

  1. Fee simple estate

  2. Life estate

  3. Leasehold interest

  4. Leased fee interest

  5. Other legal interests

a. Easement

b. Encroachment

E. Forms of property ownership

  1. Individual

  2. Tenancies & undivided interests

  3. Special ownership forms

a. Condominiums

b. Cooperative

c. Time sharing

F. Legal descriptions

  1. Metes & bounds

  2. Government survey

  3. Lot & block

G. Transfer of title

  1. Basic types of deeds

  2. Recordation

III. TYPES OF VALUE

A. Market Value or Value in Exchange

B. Price

C. Cost

D. Investment Value

E. Value in Use

F. Assessed Value

G. Insurable Value

H. Going Concern Value

VI. ECONOMIC PRINCIPLES

A. Anticipation

B. Balance

C. Change

D. Competition

E. Conformity

F. Contribution

G. Increasing & Decreasing Returns

H. Opportunity Cost

I. Substitution

J. Supply & Demand

K. Surplus Productivity

V. REAL ESTATE MARKERS & ANALYSIS

A. Characteristics of real estate market

  1. Availability of information

  2. Changes in supply vs demand

  3. Immobility of real estate

  4. Segmented markets

  5. Regulations

B. Absorption analysis

  1. Demographic data

  2. Competition

  3. Absorption

  4. Forecasts

  5. Existing space inventory

  6. Current & projected space surplus

  7. New space

C. Role of money & capital markets

  1. Competing investments

  2. Sources of capital

D. Real estate financing

  1. Mortgage terms & concepts

a. Mortgagor

b. Mortgage

c. Principal & interest

  1. Mortgage payment plans

a. Fixed rates, level payment

b. Adjustable rate

c. Buydown

d. Other

  1. Types of mortgages

a. Conventional

b. Insured

VI. VALUATION PROCESS

A. Definition of the problem

  1. Purpose & use of appraisal

  2. Interests to be appraised

  3. Type of value to be estimated

  4. Date of the value estimate

  5. Limiting conditions

B. Collection & analysis of data

  1. National & regional trends

  2. Economic base

  3. Local area & neighborhood

a. Employment

b. Income

c. Trends

d. Access

e. Locational convenience

  1. Site & improvements

C. Analysis of highest & best use

D. Application & limitations of each approach to value

  1. Sales comparison

  2. Cost

  3. Income capitalization

E. Reconciliation & final value estimate

F. The appraisal report

VII. PROPERTY DESCRIPTION

A. Site description

  1. Utilities

  2. Access

  3. Topography

  4. Size

B. Improvements description

  1. Size

  2. Condition

  3. Utility

C. Basic construction & design

  1. Techniques & materials

a. Foundations

b. Framing

c. Finish (exterior & interior)

d. [FN*] Mechanical

  1. Functional Utility

VIII. HIGHEST & BEST USE ANALYSIS

A. Four tests

  1. Physically possible

  2. Legally permitted

  3. Economically feasible

  4. Maximally productive

B. Vacant site or as if vacant

C. As improved

D. Interim use

IX. APPRAISAL MATH & STATISTICS

A. Compound interest concepts

  1. Future value of $1

  2. Present value of $1

  3. Future value of an annuity of $1 per period

  4. Present value of an annuity of $1 per period

  5. Sinking fund factor

  6. Installment to amortize $1 (loan constant)

B. Statistical concepts used in appraisal

  1. Mean

  2. Median

  3. Mode

  4. Range

  5. Standard deviation

X. SALES COMPARISON APPROACH

A. Research & selection of comparison

  1. Data sources

  2. Verification

  3. Units of comparison

a. Income

(1) Potential gross income multiplier

(2) Effective gross income multiplier

(3) Overall rate

b. Size

(1) Square foot

(2) Acres

(3) Other

c. Utility (examples only)

(1) Motel & apartment units

(2) Theater seats

(3) Other

B. Elements of comparison

  1. Property rights conveyed

a. Easements

b. Leased fee/Leasehold

c. Mineral rights

d. Others

  1. Financing terms & cash equivalency

a. Loan payment

b. Loan balance

  1. Conditions of sale

a. Arms length sale

b. Personality

  1. Market conditions at time of contract & closing

  2. Location

  3. Physical characteristics

  4. Tenant improvements

C. Adjustment process

  1. Sequence of adjustments

  2. Dollar adjustments

  3. Percentage adjustments

  4. Paired sales analysis

D. Applications of sales comparison approach

XI. SITE VALUE

A. Sales comparison

B. Land Residual

C. Allocation

D. Extraction

E. Ground rent capitalization

F. Subdivision analysis

  1. Development cost: direct & indirect

  2. Contractor's overhead & profit

  3. Forecast absorption & gross sales

  4. Entrepreneurial profit

  5. Discounted value conclusion

G. Plottage & assemblage

XIII. COST APPROACH

A. Steps in cost approach

  1. Reproduction vs. replacement cost

a. Comparative unit method

b. Unit-in-place method

c. Quantity survey method

d. Cost service index

  1. Accrued Depreciation

a. Types of depreciation

(1) Physical deterioration

(a) Curable

(b) Incurable

(c) Short-lived

(d) Long-lived

(2) Functional obsolescence

(a) Curable

(b) Incurable

(3) External obsolescence

(a) Locational

(b) Economic

b. Methods of estimating depreciation

(1) Age-life method

(2) Breakdown method & sequence of deductions

(3) Market extraction of depreciation

B. Application of the cost approach

XIII. INCOME APPROACH

A. Estimation of income & expenses

  1. Gross market income

  2. Effective gross income

a. Vacancy

b. Collection loss

  1. Operating expenses

a. Fixed expenses

b. Variable expenses

c. Reserve for replacements

  1. Not operating income

B. Operating statement ratios

  1. Operating expense ratios

  2. Not income ratio

  3. Break-even ratio

C. Direct capitalization

  1. Relevance & limitations

  2. Overall capitalization rate

  3. Gross income multiplier and not income ratio

  4. Bank of investment (mortgage equity) techniques

  5. Residual techniques

a. Land (building value given)

b. Building (land value given)

c. Equity (mortgage value given)

D. Cash flow estimates (before tax only)

  1. Operating years

a. Estimating NOI with a change in NOI

b. Estimating NOI using lease information

c. Cash flow (NOI less mortgage payment)

  1. Reversion

a. Estimating resale with a change in value

b. Estimating resale with a terminal capitalization rate

c. Cash flow (sale price less mortgage balance)

d. Deductions for costs of sale & legal fees to arrive at a net reversion

E. Measures of cash flow

  1. Equity divided rate (cash on cash rate)

  2. Debt coverage ratio

F. Discounted cash flow analysis (DCF)

  1. Relevance & limitations

  2. Potential gross income and expense estimate

a. Marker vs. contract rents

b. Vacancy & lease commissions

c. Tenant improvements & concession

  1. Discount rates & yield rates (definitions & concept but no calculations of yield rates)

  2. Discounting cash flows (from operations & reversion where all cash flows projected in dollar amounts & tables or calculators can be used)

XIV. VALUATION OF PARTIAL INTERESTS

A. Interests created by a lease

  1. Leased fee

  2. Leasehold

  3. Subleasehold

  4. Renewal options

  5. Tenant improvements

  6. Concessions

B. Lease Provisions

  1. Overage rent

  2. Expense stops

  3. Net leases

  4. Minimum rent

  5. Percentage rent

  6. CPI adjustments

  7. Excess rent

C. Valuation considerations

  1. Identifying the cash flows to the different interests, including turnover ratios

  2. Discount rate selection for different interests

  3. Relationship between the values of the interests

D. Other partial interests

  1. Life estates

  2. Undivided interest in commonly held property

  3. Easements

  4. Timeshares

  5. Cooperative

V. APPRAISAL STANDARDS AND ETHICS

EXPERIENCE IN THE TESTING OF APPLICANTS INDICATES A NEED FOR ADDITIONAL PREPARATION IN THE FOLLOWING AREAS:

(1) APPRAISAL STATISTICAL CONCEPTS

(2) ECONOMIC PRINCIPLES

(3) INCOME APPROACH

(4) INFLUENCES VALUE

(5) REAL ESTATE MARKETS AND ANALYSIS

(6) SITE VALUE

(7) VALUATION OF PARTIAL INTERESTS

(8) VALUATION PROCESS

APPLIES TO GENERAL REAL PROPERTY APPRAISER CLASSIFICATION ONLY

FOUR CATEGORIES OF APPRAISERS IN ALABAMA

The recently amended Alabama Real Estate Appraisers Act ensures compliance with federal guidelines in the licensing and certifying of real estate appraisers in Alabama. It also provides for mandatory licensing of appraisers of any properties located in Alabama unless the employee (appraiser) is specifically exempt by the statute.

  1. Trainee Real Property Appraiser -- This classification requires the trainee to work under the direct supervision of a certified or licensed real property appraiser (not to be confused with the "License Only" classification in effect until June 1, 1994). The scope of practice for the appraiser trainee classification is the appraisal of those properties which the supervising appraiser is permitted to appraise.

  2. Licensed Real Property Appraiser -- This classification includes those individuals who are licensed to perform real estate appraisals on properties involved in federally-related transactions including: (a) complex appraisals of 1 to 4 unit residential properties having transaction value of $250,000 or less; (b) non-complex appraisals of 1 to 4 unit residential properties having transaction value of $1,000,000 or less; (c) appraisals of other types of real estate having transaction value of $250,000 or less. The Licensed Real Property Appraiser is authorized to give a "Certified Appraisal" on a federally-related transaction, in accordance with FIRREA requirements (not to be confused with the "License Only" category which was in effect until June 1, 1994).

  3. Certified Residential Real Property Appraiser -- This classification refers to those individuals licensed by the Board as being qualified to perform federally-related residential real estate appraisals on 1 to 4 unit residential properties without regard to the complexity or dollar amount. These appraisers are also permitted to appraise non-residential properties having a transaction value of $250,000 or less. The Certified Residential Real Property Appraiser is authorized to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

  4. Certified General Real Property Appraiser -- This classification shall consist of those persons certified by the Board as qualified to perform appraisals on all types of real estate, regardless of complexity or transaction value. This classification allows the appraiser to give a "certified appraisal" on a federally-related transaction in accordance with FIRREA requirements.

EDUCATION, EXAMINATION AND EXPERIENCE REQUIREMENTS:

  1. Trainee Real Property Appraiser--no experience or exam is required. This entry-level classification requires 75 classroom hours of Board-approved appraisal education during the last 10 years. Fifteen of the 75 hours must be in the Uniform Standards of Professional Appraisal Practice. Trainee's appraisal experience must be under the direct supervision of a Licensed or Certified Real Property appraiser. If the Trainee plans to use these experience hours as part of the experience needed for licensure, the work must be included in the Trainee's assignment log, and the appraisal report must be signed by the supervising appraiser.

  2. Licensed Real Property Appraiser--classification became available June 1, 1994 and applies only to appraisers licensed or reclassified after that date. The appraiser is required to have completed, during the last 10 years, 75 classroom hours of Board-approved appraisal education, fifteen of which must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.

  3. Certified Residential Real Property Appraiser--classification requires 120 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 120 hours must be in the Uniform Standards of Professional Appraisal Practice. The applicant must have been an appraiser in two of the last five calendar years and have a minimum of 2000 hours of actual appraisal experience. Applicant is required to pass a state examination for this classification.

  4. Certified General Real Property Appraiser--classification requires 165 classroom hours of Board-approved appraisal education completed during the last 10 years. Fifteen of the 165 hours must be in the Uniform Standards of Professional Appraisal Practice. The appraiser must have a minimum of 2000 hours actual appraisal experience. At least 1000 of the 2000 hours experience must be in non-residential appraisal work during past five years. Applicant is required to pass a state examination for this classification.

Mandatory Licensing of Real Estate Appraisers in Alabama.

Form al1930

Compliance with USPAP

Form al1931

TRAINEE REAL PROPERTY APPRAISER

CRITERIA FOR LICENSE

I. Scope of Practice:

The scope of practice for Appraiser Trainee is:

The appraisal of those properties which the supervising appraiser is permitted to appraise.

If the trainee plans to use these experience hours as part of the experience needed to reclassify into another license classification, the work must be included in the trainee's assignment log, and the appraisal report must be signed by the supervising appraiser.

II. Education:

Before applying for licensure as a Trainee Real Property Appraiser, applicants are required to obtain at least 75 hours of approved appraisal education completed during the last ten years, including 15 hours of the Uniform Standards of Professional Appraisal Practice taken during the last two years. After licensure, the Trainee must take a minimum of 20 hours of continuing education each two-year licensing period. Seven of the twenty hours must be in the appraisal law and/or USPAP.

III. Experience:

No experience is required before application for licensure as a Trainee Real Property Appraiser. After June 1, 1994, no experience toward the required experience for a higher level classification will be granted to anyone who is not licensed.

  1. Each Trainee is required to work under the direct supervision of a Licensed Real Property Appraiser, a Certified Residential Real Property Appraiser, or a Certified General Real Property Appraiser. A Trainee may work under more than one supervising appraiser, and there need not be an employer-employee relationship. Direct supervision may be supported by the appraiser Trainee's co-signing an appraisal report with the supervising appraiser and/or by the supervisor, in the certifications or addendum section, giving credit for a significant contribution by the Trainee. Records by the Trainee and the supervising appraiser must be kept on forms approved by the Board.

  2. The Trainee must sign the appraisal report and certify it is in compliance with USPAP, and/or, he or she must be included in the report as having made a significant contribution to the appraisal, in accordance with Standards Rule 2-3 of the USPAP. Significant contribution to the value conclusion directly involves exercise of judgment in arriving at the analysis, opinion, or conclusions concerning real estate or real property set forth in the appraisal report.

  3. On forms approved by the Board, the Trainee must maintain a separate appraisal assignment log for each supervisor.

  4. The Trainee must keep copies of all appraisal reports in accordance with USPAP. All reports must be available for review by the Board. Logs will be provided for the Board's review at the time of application for a higher licensure classification.

IV. Supervising Appraiser:

  1. The supervising appraiser must be in good standing with the Board.

  2. The supervising appraiser must personally inspect the property with the Trainee until the Trainee is competent to make unsupervised inspections, in accordance with the Competency Provision of the USPAP for the various parts of the appraisal process.

  3. The supervising appraiser must review the Trainee's appraisal reports, and accept responsibility for the appraisal report by signing and certifying the report is in compliance with USPAP. (See attached "Acknowledgement of Responsibilities of Supervising Appraiser".)

  4. The supervising appraiser must verify the Trainee's experience by reviewing and signing each page of the Trainee's assignment log of appraisals.

  5. If property was appraised in Alabama, the supervising appraiser must be licensed by the state of Alabama in accordance with §34-27A-3A.

Application for Appraiser License.

Form al1932

Acknowledgment of Responsibilities of Supervising Appraiser

If a supervisory appraiser signs the appraisal report(s) of a trainee, he or she certifies and agrees that "I directly supervised the trainee appraiser who prepared the appraisal report(s), have reviewed the appraisal report(s), agree with the statements and conclusions of the trainee appraiser, agree to be bound by the appraiser's certification and the Uniform Standards of Professional Appraisal Practice, and am taking full responsibility for the appraisal(s) and the appraisal report(s)."

I acknowledge that I have performed the responsibilities of supervising appraiser for the appraisals on the assignment log of ___________________________ (Trainee).

Signed: ______________________________

Classification No. _____________________

Date: ________________________________

(Separate log for each supervising appraiser is required)

STATE OF ALABAMA REAL ESTATE APPRAISERS BOARD UNIFORM REQUEST FOR PRELICENSE AND CONTINUING EDUCATION CREDIT

This form was developed for your convenience in requesting education credit from the Alabama Real Estate Appraisers Board. IT DOES NOT IMPLY AUTOMATIC ACCEPTANCE BY AN ORGANIZATION OF AN EDUCATIONAL PROGRAM. EACH ORGANIZATION RETAINS ITS OWN RECERTIFICATION REQUIREMENTS AND PROCEDURES FOR APPROVING CREDIT. A copy of the program brochure or outline may be required.

  1. This form must be completed in its entirety

  2. PLEASE TYPE OR PRINT LEGIBLY.

  3. Keep a copy of this form for your files.

  4. Submit with application for license/certification or with bi-annual license renewal fee and application to:

Alabama Real Estate Appraisers Board

660 Adams Avenue, Suite 360

Montgomery, AL 36104

Name Social Security Number

Mailing Address Certificate/License Number

City/State/Zip Telephone Number

Program Title

Program Date No. of Instructional Hrs. (Min. 2 Hr.)

Sponsoring Organization

Program Location Instructor

Description of Activity and Content (You may attach a brochure): _____________________________

EVIDENCE OF COMPLETION (SIGNATURE OF INSTRUCTOR/PROGRAM OFFICER)

Signature of License Date

--______

Social Security Number (This form may be duplicated) See Reverse side

ALABAMA REAL ESTATE APPRAISERS BOARD APPRAISERS COURSE/SEMINAR EVALUATION FORM

COURSE________________________________ DATE_______________________________________

LOCATION__________________________________________

INSTRUCTIONS: The Appraisers Board is vitally interested in increasing the knowledge and skills of real estate appraisers. To ensure that courses offered are responsive to your needs, it is necessary to evaluate the course, instructors, and the facilities. you can help by completing this evaluation form. This course should be rated by comparison with similar courses you have taken. Please be as objective as possible.

Please refer to the following scale and circle only one number for each question.

10-Excellent: 9-Above Average: 8-Average: 7-Below Average: 6-Minimal:

10 9 8 7 6 Class lecture organization and integration 10 9 8 7 6 Allocation of time

10 9 8 7 6 Course outline and handouts 10 9 8 7 6 Textbooks

10 9 8 7 6 Case studies and homework problems 10 9 8 7 6 Overall rating of Course

Would you recommend this course to another person in the real estate appraisal field? ______

Would you return to this facility for future courses? ______

Years of Appraisal Experience ________

Distance from your home to this course ________ (Approximate one-way mileage)

LIST PREVIOUS APPRAISAL COURSES TAKEN & LOCATION

TYPE OF BUSINESS AFFILIATION

___ Brokerage & Sales ___ Fee Appraisals ___ Savings & Loans

___ Insurance Company ___ Property Management ___ Government

___ Investment ___ Other (please specify) ______________________

PLEASE GIVE RECOMMENDATIONS FOR IMPROVING THIS COURSE.

INSTRUCTOR EVALUATION FORM

Instructor(s):________________________________________

Circle the appropriate number (1,2,3,4,5) denoting your answer to each of the following items. (1) indicates poor. (5) indicates excellent. Do not include guest lecturers in this evaluation.

Poor Excellent

  1. Knowledge of instructor(s) in subject matter 1 2 3 4 5

  2. Instructor's ability to communicate and explain course 1 2 3 4 5 material

  3. Instructor's ability to make subject matter interesting 1 2 3 4 5

  4. Encouragement of students to take an active part in class 1 2 3 4 5

  5. Adequate facility (sufficient seating, lighting) 1 2 3 4 5

  6. Conducted class for full class hours each session 1 2 3 4 5

  7. If videotapes were used, instructor helped explain 1 2 3 4 5 material and was present during class to answer questions

What could the instructor(s) have done to improve the quality of the course? _____________________

Comments: ____________________________________________

    • *Important: This form must be completed in full to receive credit for the course hours shown on the front.
Ala. Admin. Code r. 780-X-AB-.03 Application For Temporary Permit

Temporary Permits

Form al1933

Form al1934

Form al1935

APPLICATION FOR RECIPROCAL APPRAISER LICENSE

SECTION I

___yes ___no 1. Have you ever been licensed or certified (or otherwise classified) as an appraiser in Alabama or in another state? (If your answer is yes, obtain from each state a certified history, not more than 30 days old, and attach it to this application.) If yes, what state or states? ______

If yes, under what name(s) and number(s)? __________

___yes ___no 2. Are you a high school graduate or the holder of a General Education Development (G.E.D.) certificate? (If your answer to this question is no, attach proof of education equivalency.)

___yes ___no 3. Have you ever been convicted of any criminal offence (other than minor traffic violations), 2) pled nolo contender to any criminal offence, or 3) been granted first offender treatment upon being charged with any criminal offence? (Attach full explanation if "yes" response)

___yes ___no 4. Have you ever been disciplined by the Alabama Real Estate Appraisers Board or any state or federal licensing agency or authority which regulates any profession? (Disciplinary actions include but are not limited to such actions as a reprimand, a suspension, a revocation, a fine, or any restriction or special requirements placed on your right to operate as a licensee.)

___yes ___no 5. Are there any criminal charges or licensing disciplinary proceeding pending against you at this time?

If you answer "yes" to questions 3, 4, or 5, above, attach details and a certified copy of any criminal conviction or final order. Obtain certified copies from the clerk of court in the county in which the conviction occurred or, if a license disciplinary action, from the agency issuing the license of certification. You should also attach any explanation of the circumstances surrounding the conviction or sanction which you think that the board should consider, and if you like, any letters of recommendation. Your application will not be processed without these documents.

SECTION II

  1. I am applying for an Appraiser: Trainee ___; License ___, Residential Certification ___, General

Certification ___.

  1. ___Male ___Female

  2. Date of Birth: Month___ Day___ Year___

  3. Social Security Number: --______

  4. Name: _____________________________________________________________________

Last First Middle

  1. Home Address: _______________________, ______, _______, ______, _______

Street Route & Box City County State Zip

  1. Home Telephone: ______ Business Name: ______ Business Telephone: __________

  2. Business Address: ___________________, ______, _______, ______, _______

Street Route & Box City County State Zip

  1. Preferred Address: __________________, ______, _______, ______, _______

Street Route & Box City County State Zip

SECTION III--Consent--Jurisdiction, Investigation and Certification

I, as a non-resident applicant for an appraisal license and a licensees, agree that the State of Alabama Real Estate Appraisers Board shall have jurisdiction over me in any and all of my real estate related activities the same as if I were an Alabama resident licensee. I agree to be subject to investigations and disciplinary actions the same as Alabama resident licensees. Further, I agree that civil actions may be commenced against me in any court of competent jurisdiction in any court of the State of Alabama.

I hereby appoint the executive director of the State of Alabama Real Estate Appraisers Board as my agent upon whom all disciplinary, judicial, or other process or legal notices may be served. I agree that such service upon my said agent shall be the same as service upon me and that certified copies of this appointment shall be admitted sufficient evidence thereof and shall be admitted into evidence with the same force and effect as the original might be admitted. I agree that any lawful process against me which is served upon my said agent shall be of the same legal force and validity as if personally served upon me and that this appointment shall continue in effect for as long as I have any liability as an appraiser remaining in the state of Alabama. I understand that my said agent shall, within a reasonable time after service upon him or her, mail a copy of same by certified mail, return receipt requested, to me, at my last known business address.

I agree that I am bound by all the provisions of the state of Alabama Real Estate Appraisers Act. The undersigned applicant also certifies that all information given on this application is true, correct, and complete.

Signed ___________________________________

NAME DATE

Ala. Admin. Code r. 780-X-AB-.04 Application For Advisory Panel Membership

APPLICATION FOR MEMBERSHIP

ADVISORY PANEL OF VOLUNTEER APPRAISERS

ALABAMA REAL ESTATE APPRAISERS BOARD

I am interested in serving as a volunteer review appraiser for the Alabama Real Estate Appraisers Board in conjunction with its program, which was installed to ensure compliance with the Uniform Standards of Professional Appraisal Practice. I understand the confidential nature of this project, the necessity of strict objectivity with regard to any reviews made, and the timely reporting of my findings. If chosen by the Board, I will conduct any review work without bias and will not discuss particulars of assignment or subsequent opinion with anyone who is not a duly appointed member of the Alabama Real Estate Appraisers Board. I recognize that non-compliance with the stated purpose of this program will result in immediate dismissal and possible disciplinary action by the Board.

I acknowledge that this appointment is an honorary unpaid position which is undertaken for the promotion of the appraisal profession and for the protection of the citizens of the State of Alabama.

I pledge to comply with all standards set forth by the Alabama Real Estate Appraisers Board.

IN WITNESS THEREOF I have hereunto set my hand and seal this____ day of ________, 19.

(Legal Signature)

(Type or Print Legibly)

Name: ________________________________ Social Security No.: ____________________________

Certification No: ________________________ # Years Practicing Appraiser: ____________________

Mailing Address: ____________________________________________________________

Congressional District: _____________________

Telephone Number: _____________________ Fax Number: ______________________

Instructions for Completion of Application Board Approval of Educational Offering and/or Board Approval of Instructor.

Form al1936

ALABAMA REAL ESTATE APPRAISERS BOARD

PROCEDURAL RULES

APPROVAL OF EDUCATIONAL OFFERING AND/OR INSTRUCTOR

The National Uniform Examination Content Outline for real property appraisers adopted by the Appraiser Qualifications Board of the Appraisal Foundation includes the following:

  1. Influences on Real Estate Value--conceptual.

  2. Legal Considerations in Appraisal--conceptual and definitions. (Including real estate versus real property; real property versus personal property; limitations on real estate ownership; legal rights and interests; forms of property ownership; legal descriptions; and transfer of title.)

  3. Types of values--conceptual and definitions.

  4. Economic principles--conceptual and definitions.

  5. Real Estate markets and analysis (Including characteristics of real estate market; absorption analysis; rule of money and capital markets; and real estate financing.)

  6. Valuation Process (Including definition of the problem; collection and analysis of data; analysis of highest and best use; application and limitations of each approach to value; reconciliation and final value estimate; and the appraisal report.)

  7. Property Description--conceptual and definitions (Including site description; improvement description; and basic construction and design.)

  8. Highest and best use analysis--conceptual definitions, analysis/application. (Including Four tests; vacant site or as if vacant; as improved; and interior use.)

  9. Residential, Appraisal statistical concepts. General: Appraisal Math and statistics conceptual and analysis/application. (General: Including compound interest concepts and statistical concepts used in appraisal.)

  10. Sales comparison approach--conceptual, definitions, analysis/application. (Including research and selection of comparables; elements of comparison; adjustment process; and application of sales comparison approach.)

  11. Site value--conceptual, definitions, analysis/application. (Including sales comparison; land residual; allocation; extraction; and plottage and assemblage.) (General: ground rent application and subdivision analysis.)

  12. Cost Approach--conceptual, definitions, analysis/application. (Including steps in cost approach and application of the cost approach.)

  13. Income approach--conceptual, definitions, analysis/application. (Residential: Estimation of income and expenses; operating expense ratios; and gross statement ratios, rent multiplier.) (General: including operating direct capitalization, cash flow estimates--before tax; measures of cash flow and discounted cash flow analysis.)

  14. Valuation of partial interests--conceptual and definitions (General: including interests created by a lease; lease provisions; valuation considerations; and other partial interests.)

  15. Appraisal Standards and Ethics -- conceptual and definitions.

All courses must meet the above Appraiser Qualifications Board criteria and enhance the student's ability to understand and interpret real estate appraisal concepts, principles, and analysis procedures.

Basic concepts, principles, definitions of widely used terms, use of analysis skills, and reporting requirements of the Uniform Standards of Professional Appraisal Practice must be learned by the student. All approved courses must contribute to one or more of these areas of real estate appraiser education.

Application must be completed in its entirety. Please type or print legibly.

STATE OF ALABAMA REAL ESTATE APPRAISERS BOARD UNIFORM REQUEST FOR PRELICENSE AND CONTINUING EDUCATION CREDIT

This form was developed for your convenience in requesting education credit from the Alabama Real Estate Appraisers Board. IT DOES NOT IMPLY AUTOMATIC ACCEPTANCE BY AN ORGANIZATION OF AN EDUCATIONAL PROGRAM. EACH ORGANIZATION RETAINS ITS OWN RECERTIFICATION REQUIREMENTS AND PROCEDURES FOR APPROVING CREDIT. A copy of the program brochure or outline may be required.

  1. This form must be completed in its entirety

  2. PLEASE TYPE OR PRINT LEGIBLY.

  3. Keep a copy of this form for your files.

  4. Submit with application for license/certification or with bi-annual license renewal fee and application to:

Alabama Real Estate Appraisers Board

660 Adams Avenue, Suite 360

Montgomery, AL 36104

Name Social Security Number

Mailing Address Certificate/License Number

City/State/Zip Telephone Number

Program Title

Program Date No. of Instructional Hrs. (Min. 2 Hr.)

Sponsoring Organization

Program Location Instructor

Description of Activity and Content (You may attach a brochure): ________________________

EVIDENCE OF COMPLETION (SIGNATURE OF INSTRUCTOR/PROGRAM OFFICER)

Signature of Licensee Date

--______

Social Security Number

(This form may be duplicated) See Reverse side

ALABAMA REAL ESTATE APPRAISERS BOARDAPPRAISERS COURSE/SEMINAR EVALUATION FORM

COURSE _____________________________________________

DATE _______________________

LOCATION ____________________________________________________________

INSTRUCTIONS: The Appraisers Board is vitally interested in increasing the knowledge and skills of real estate appraisers. To ensure that courses offered are responsive to your needs, it is necessary to evaluate the course, instructors, and the facilities. you can held by completing this evaluation form. This course should be rated by comparison with similar courses you have taken. Please be as objective as possible.

Please refer to the following scale and circle only one number for each question.

10-Excellent: 9-Above Average: 8-Average: 7-Below Average: 6-Minimal:

10 9 8 7 6 Class lecture organization and integration 10 9 8 7 6 Allocation of time

10 9 8 7 6 Course outline and handouts 10 9 8 7 6 Textbooks

10 9 8 7 6 Case studies and homework problems 10 9 8 7 6 Overall rating of Course

Would you recommend this course to another person in the real estate appraisal field? _______

Would you return to this facility for future courses? _______

Years of Appraisal Experience ____________________

Distance from your home to this course ____________________ (Approximate one-way mileage)

LIST PREVIOUS APPRAISAL COURSES TAKEN & LOCATION

TYPE OF BUSINESS AFFILIATION

___ Brokerage & Sales ___ Fee Appraisals ___ Savings & Loans

___ Insurance Company ___ Property Management ___ Government

___ Investment ___ Other (please specify) ________________________________

PLEASE GIVE RECOMMENDATIONS FOR IMPROVING THIS COURSE.

INSTRUCTOR EVALUATION FORM

Instructor(s): __________________________________________________________

Circle the appropriate number (1, 2, 3, 4, 5) denoting your answer to each of the following items.

(1) indicates poor. (5) indicates excellent. Do not include guest lecturers in this evaluation.

Poor Excellent

  1. Knowledge of instructor(s) in subject matter 1 2 3 4 5

  2. Instructor's ability to communicate and explain course material 1 2 3 4 5

  3. Instructor's ability to make subject matter interesting 1 2 3 4 5

  4. Encouragement of students to take an active part in class 1 2 3 4 5

  5. Adequate facility (sufficient seating, lighting) 1 2 3 4 5

  6. Conducted class for full class hours each session 1 2 3 4 5

  7. If videotapes were used, instructor helped explain material and was present during class to answer questions 1 2 3 4 5

What could the instructor(s) have done to improve the quality of the course? ___________________

Comments: ____________________________________________________________

    • Important: This form must be completed in full to receive credit for the course hours shown on the front.

STATE OF ALABAMA REAL ESTATE APPRAISERS BOARD MAILING ADDRESS 660 Adams Avenue, Suite 360 Montgomery, Alabama 36104

INSTRUCTOR QUALIFICATIONS FORM

The data submitted herein will be used in evaluating the education and occupational experience of applicants for teaching the real estate appraisal course/seminar in accordance with the requirements established by the Alabama Real Estate Appraisers Board.

Name: ____________________ Social Security Number --___

Appraiser License or Certification No. ______ State Issuing License ___

Name of Course/Seminar: ___

School where course is offered ___

Location of school (street address and city) ___

Your mailing address _________________________ City _______________ Zip ___

Telephone No.(s) where you can be reached during the day______________________

EDUCATION

From To Did You Degree

Name of School Address Mo./Year Mo./Year Graduate and Date Major

High School ___________________________________________________________

Jr. College _____________________________________________________________

Col. or Univ. ___________________________________________________________

Others ________________________________________________________________

If you attended college, but did not graduate, how many semester hours of

Credit do you have?______________ (Submit College Transcript)

List all real estate appraisal course work which you have completed:

(Document Required) ____________________________________________________

Have you taught this course/seminar before? __________________________________

If so, name and location of school: ______________________________ Year _______

Application fee must be attached: $25.00 for Seminar 50.00 for Course

Previous Instructor Experience: (List Below Courses Taught as Principal/Assistant Instructor)

(Attach Additional Sheets if Necessary)

OCCUPATIONAL EXPERIENCE:

Present or most recent period of employment:

Employer: _________________________________________________________________

Address: __________________ City & State: __________________ Zip: ________________

Type of Business: ____________________ Your Position: ____________________________

Duties: _____________________________________________________________

Employment Period: FROM: ______________________ TO: __________________________

Reason for Leaving: _____________________________________________________________

Next most recent period of employment:

Employer: _____________________________________________________________

Address: __________________ City & State: __________________ Zip: ___________________

Type of Business: ____________________ Your Position: _______________________________

Duties: _____________________________________________________________

Employment Period: FROM: ______________________ TO: _____________________________

Reason for Leaving: ____________________________________________________________

Show other experience in real estate appraisal by using additional sheets or a resume of work experience.

References: Attach hereto letters of recommendation from three real estate appraisers concerning your competence, character, and ability to teach the real estate appraisal course.

I hereby certify that the information given herein is a true and accurate record of my training and experience. I agree to conduct my classes in accordance with the rules and regulations as established by the Alabama Real Estate Appraisers Board.

Signed:________________________________________ Date: ____________________________

(Prospective Instructor)

Signed:________________________________________ Date: ____________________________

(School Administrator)

Position of Administrator: _______________________________________________________

Ala. Admin. Code r. 780-X-AB-.05 Education Application Packet

STATE OF ALABAMA REAL ESTATE APPRAISERS BOARD MAILING ADDRESS660 Adams Avenue, Suite 360Montgomery, Alabama 36104

APPLICATION FOR APPROVAL OF: (Check Appropriate Box) [ ] EDUCATIONAL OFFERING [ ] CONTINUING EDUCATION COURSE COURSE/SEMINAR (Minimum 15 Hours with Exam) Hours of Credit Requested (Minimum 2 Hrs.)___________________ (Application Fee and copy of Bi-annual application fee-$10.00 Alabama State Department of per requested hour must be Education Approval Must be included with this application. Attached)

  1. Educational Offering (Attach Syllabus or Course Outline): ________________________ _______________________________________________________

  2. Name of Sponsoring School or Organization: ___________________________________

  3. Location of School: _______________________________________________________

Street City State Zip

Name of Building: _________________________ Room#: ________________________

  1. Name of Individual Requesting Approval: _____________________________________

  2. Mailing Address: _________________________________________________________

Street City State Zip

  1. Names of Instructors and Assistant Instructors (Attach Instructor

Qualifications Form Approved by Alabama Real Estate Appraisers Board):

  1. Dates Courses to be Taught: ___________________________________________________

  2. Hours of Instruction Per Day: __________________________________________________

8A. Method of Certifying Attendance: ____________________________________________

  1. Instructor Materials (i.e. Text, References): _______________________________________
  1. Type of Examination: ___ Narrative ___ Multiple Choice

10A. Length (Number of Questions) ____________________________________________

10B. Time Allotted: _________________________________________________________

  1. Describe Process for Monitoring Exam (Minimum 1 Monitor for 30 Examinees):
  1. Explain Grading Procedure: __________________________________________________

12A. What is Passing Criteria (%): _____________________________________________

  1. Estimated Response Time for Grading: _________________________________________

  2. How are Students to be Notified of Grade: ______________________________________

  3. Application Fee $10.00 per hour for Requested Hours.

INSTRUCTOR ACKNOWLEDGEMENT FORM

The approval of an instructor for teaching appraisal classes in the State of Alabama requires that the instructor abide by the following requirements:

  1. The instructor is to abide by the Competency Provision and the Ethic Provision of the Uniform Standards of Professional Appraisal Practice.
  2. The instructor or instructors are approved for specific classes. Any other instructor that is not approved that conducts the class may result in the approved instructor's losing the privilege of teaching that class and/or any other classes.
  3. The instructor must follow the course outline that was prepared and submitted to the Board for approval. All items on the course outline must be covered.
  4. Exams that are a part of the course for the student to receive credit are to be taken by the student individually and are not to be taken in an open session. The exams are to test the individual student's ability. The exam is also to test the instructor's ability to convey the information to the students. The final exam may not be reviewed by the student prior to taking the exam.
  5. The instructor should be aware that, from time to time, there may be students taking the class that are doing so to grade the instructor and the course for it's quality and the quantity of information.
  6. A negative review from a grader can result in the instructor being brought before the Education Committee, or the full Board for counseling. This counseling may also result in the removal of the instructor for a period of time that the Board may deem necessary. The action taken by the Board concerning the discipline of the instructor will be communicated to the course provider. This could result in the removal of the course provider as an acceptable provider of education for appraisers in the State of Alabama.
  7. The instructor should employ varied teaching methodologies (i.e. lecture, guided class discussion, inquiry, problem solving, homework, projects, outside sources, research, seminars, case studies). The objective is to challenge and enhance student involvement, enjoyment and learning opportunities through use of their analyzing and reasoning skills.

THE PURPOSE OF THE ABOVE REQUIREMENTS IS TO INSURE THAT THE STUDENTS THAT ARE TAKING COURSES IN THE STATE OF ALABAMA HAVE THE OPPORTUNITY TO RECEIVE THE BEST POSSIBLE APPRAISAL EDUCATION.

I THE UNDERSIGNED INSTRUCTOR HAVE READ AND UNDERSTAND THE REQUIREMENTS STATED ABOVE AND AGREE TO ABIDE BY THE REQUIREMENTS OF THE STATE OF ALABAMA REAL ESTATE APPRAISERS BOARD.

Signature

Type Name

Date

Form al1937

APPROVED EDUCATION COURSES OCTOBER 1, 1994--SEPTEMBER 30, 1996 CONTINUING EDUCATION COURSES

(SEE ADDITIONAL LISTING FOR PRE-LICENSE COURSES ALSO APPROVED FOR CONTINUING EDUCATION

CONTACT SCHOOLS FOR SCHEDULE OF COURSES IN ALABAMA

SPONSOR CONTINUING EDUCATION COURSE HOURS

ALABAMA BANKERS ASSOCIATION How To Survive A Fair Lending Exam 6

Kathryn Goray (Approved Instructor: William Rayburn)

334/834-1890

Fair Lending and the Appraiser 6

(Approved Instructor: William Rayburn)

AMERICAN REAL CEA-I Uniform Standards of Professional 8

ESTATE Appraisal Practice (Approved Instructor:

INSTITUTE Lorren Perdue)

Lorren Perdue

334/262-2701

CEA-II Law (Approved Instructor: Lorren 7

Perdue)

CEA-III Uniform Residential Appraisal 7

Report (Approved Instructor: Lorren Perdue)

APPRAISAL Alabama Eminent Domain Appraisal 7

INSTITUTE Consideration (Approved Instructors:

MID-SOUTH Richard A. Maloy and Warren C. Herlong, Jr.)

CHAPTER

Sherrie Smith

205/871-7011

Appraising One to Four Family Income Properties 7

(Approved Instructor--Arlen C. Mills)

EDI & The Appraisal Profession 7

(Approved Instructor --Joseph L. Minnich, III)

ERC Revised Employee Relocation Seminar 4

(Approved Instructor: Arnold Schwartz)

HUD/FHA Workshop 7

(Approved Instructor: Van Steve Morgan)

Residential Appraisal Underwriting 4

(Instructor: Van Steve Morgan)

USPAP and Alabama Law 7

(Approved Instructor: Van Steve Morgan)

APPRAISAL The Appraiser's Complete Review 21

INSTITUTE

CHICAGO

Russell Bodnar Residential Property Construction and Inspection 7

Seminar (Approved Instructor: Terrence Love)

312/335-4100 Appraisal of Retail Properties (Approved Instructor: 7

Norman B. Steinberg)

Appraisal Practices for Litigation (Approved 7

Instructor: Theodore Slack)

The Appraiser as Expert Witness (Approved Instructor 7

Theodore Slack)

Dynamics of Office Building Valuation (Approved 7

Instructor: Lee H. Waronker)

How to Appraise FHA-Insured Property Workshop 7

(Approved Instructor: Clifford Cryer)

AUBURN UNIVERSITY SCHOOL OF Applied Forest Finance 12

FORESTRY (Approved Instructor: Charles Raper)

Chris Esaacson

205/844-1042 Law for Foresters 12

(Approved Instructor: Warren Flick

& Charles Raper)

INTERNATIONAL 407 Valuation of Contaminated 8

RIGHT OF WAY Properties

ASSOCIATION (Approved Instructor--H. Porter)

Willis Reynolds

205/581-5650

JEFFERSON STATE COMMUNITY Seminar--State Law USAP 7

COLLEGE (Approved Instructor Steve Morgan, SRA)

Mike Cothran, Director, (Approved Assisting Instructor--Charles Grimes)

Continued Education

205/853-1200 Seminar--URAR Review & Case Problems 13

(Approved Instructor--Steve Morgan, SRA)

(Approved Assisting Instructor--Charles Grimes)

NATIONAL ASSOCIATION OF Alabama Law 7

INDEPENDENT FEE APPRAISERS (Approved Instructor: Dennis Greene)

William Steele

314/781-6688

1.3A Basic Construction Terminology 4

(Approved Instructor--Don Norman)

1.3D Home Inspections: Common Defects in Homes 4

(Approved Instructor: Don Norman)

4.7 Basic Residential HUD Appraisal 7

Requirements (Approved Instructors:

Dennis Greene and Coleen Morrison)

REAL ESTATE EDUCATION Modern Appraisal Practice 13

SPECIALIST (Approved Instructor: Stephen G. Williamson)

Stephen Williamson

401/321-9094 USPAP Update 7

1-800/627-3514 (Approved Instructor: Stephen G. Williamson)

[FN**] If you are interested in a course/seminar that is not approved and listed above, you may contact our office for additional information on courses pending approval.

Form al1938

APPROVED EDUCATION COURSES

OCTOBER 1, 1994 -- SEPTEMBER 30, 1996

(ALSO APPROVED FOR CONTINUING EDUCATION CREDIT)

CONTACT SCHOOLS FOR SCHEDULE OF COURSES IN ALABAMA

SPONSOR COURSE HOURS

ALABAMA APPRAISAL ACADEMY HT-777 The Basic 'HOW TO' Appraise a 25

Nona Andrews Single Family Residence (Approved

205/967-6803 Instructors: Richard R. Andrews and

Nona R. Andrews)

USPAP (Approved Instructors: Richard. 15

Andrews and Nona R Andrews)

ARE-45 -- Appraisal of Real Estate 45

(Approved Instructor : Richard R. Andrews)

MSR-15 -- Marshall & Swift Residential 15

Cost Handbook

(Approved Instructor: Richard Andrews)

ALABAMA ASSOCIATION OF REAL Fundamentals of Real Estate Appraisal (Approved 30

ESTATE APPRAISERS Instructor: Everett S. Brooks)

Uniform Standards of Professional Appraisal 15

Practices

(Approved Instructor: Everett S. Brooks)

ALABAMA BANKERS ASSOCIATION Performing Real Estate Evaluations 15

Kathryn Goray (Approved Instructor: William Rayburn)

334/834-1890

USPAP (Approved Instructors: William 15

Rayburn and Dennis Tosh)

AMERICAN REAL ESTATE CA-I Residential Appraiser Course 60

INSTITUTE (Approved Instructors: Lorren Perdue; Math

Section/Frank Anderson)

Course (Approved Instructors:

Frank Anderson

334/262-2701 CA-II General Appraiser Course (Approved Instructor: 90

Warren Todd)

USPAP Uniform Standards of Professional Appraisal 15

Practice (Approved Instructor: Lorren Perdue)

APPRAISAL INSTITUTE 110 -- Appraisal Principles 39

CHICAGO 120 - Appraisal Procedures 39

312/335-4100 210 Residential Case Study 39

310 --Basic Income Capitalization 39

320 --General Applications 39

410 -- Uniform Standards of Professional 16

Sherrie Smith -- Mid South Appraisal Practice, Part A (Approved Instructor:

205/871-7011 Lonnie Tidwell)

420 -- Uniform Standards of Professional 11

Appraisal Practice, Part B

(Approved for pre-certification only if

taken in conjunction with Course 410)

(Approved Instructor: Lonnie Tidwell)

500 -- Advanced Residential Form and 30

Narrative Report Writing (Approved

Instructors: Frank E. Harrison and

Margaret A. Hambleton)

510 -- Advanced Income Capitalization 40

520 -- Highest & Best Use and Market 40

Analysis

530 -- Advanced Sales Comparison and 40

Cost Approaches

540 -- Report Writing and Valuation Analysis 30

550-- Advanced Applications 40

AUBURN UNIVERSITY USPAP (Approved Instructor: Howard Porter) 16

Cheryl Hulsey (Approved Assistant Instructor: William

334/844-3105 Brown)

Foundations of Real Estate Appraisal 30

(Approved Instructors: William H. Brown &

Howard J. Porter, Jr.)

GADSDEN STATE COMMUNITY RLS-297 Real Estate Appraisal: 45

COLLEGE (Approved Instructor Sherman Guyton)

James Prucnal

205/549-8200

INTERNATIONAL ASSOCIATION IAAO 201 -- Appraisal of Land (1993) (Approved 30 OF ASSESSING OFFICERS Instructor: Tom Fleming, Barry Couch)

Dana Jonusaitis

312/819-6100

Lane Sauser IAAO Course 2 -- Income Approach to Valuation 30

205/844-4782 IAAO Course 5 -- Assessment of Personal Property 30

(Approved Instructor: Nicholas Kearney)

IAAO Course 6 -- Principles and Techniques 30

of Cadastral Mapping

IAAO Workshop 612 -- Fundamentals of Asset 18

Ratio Studies (Approved Instructor:

Robert J. Gloudemans)

IAAO Workshop 619 -- A -- B -- Standards of Practice 18

and Professional Ethics (Approved Instructors:

Wm. S. Carmen and Thomas Fleming)

IAAO Workshop 628 -- Valuing Property 15

Affected by Environmental Contamination

(Approved Instructor: Jack Williford)

INTERNATIONAL RIGHT OF 400 -- Uniform Standards of Professional 16 WAY ASSOCIATION Appraisal Practice

Willis Reynolds

205/581-5650 101 -- Principles of Real Estate Acquisition/Appraise 24

[Appraisal]

JEFFERSON STATE COMMUNITY RLS 116-Real Estate Appraisal 60

COLLEGE Certification (Approved Instructor: Walter Miles)

David Hearn BFN-238 -- Real Estate Appraisal 30

205/853-1200 or 856-7899 Certification I

(Approved Instructor: Walter Miles)

NATIONAL ASSOCIATION OF 1.3 Construction and Development of 30 INDEPENDENT FEE APPRAISERS Residential Real Estate Appraising

William H. Steele (Approved Instructor: Glenn R. Polete)

314/781-6688 2.7 Financial Analysis of Income 15

Properties Using the HP 19B II (Approved

Instructor: Michael Lange, Sr.)

Ann Tipton 3.1 Principles of Farm, Ranch and Rural 30

314/781-6688 Appraisers (Approved Instructor:

Ed Prevost)

4.0 Marshall & Swift Valuation Guides 15

(Approved Instructor: Robert Kaufman)

4.4 Relocation Report Writing (Approved 15

Instructors: Dennis Greene & Gary E.

Hall)

9.0 Concepts, Terminology & Techniques 15

(Approved Instructor: Dennis R. Greene)

TROY STATE UNIVERSITY Uniform Standards of Professional 15

AT DOTHAN Appraisal Practice (Approved Instructor:

334/712-0010 Dwight Wells)

Foundamentals [Fundamentals] of Real Estate 15

Appraisal Practice (Approved Instructor:

Dwight Wells)

WALLACE STATE COMMUNITY Appraisal Principles and Procedures 45

COLLEGE (Approved Instructor: Wilbur P. Fowler)

205/352-6403 Joanne Hathcoat

** If you are interested in a course/seminar that is not approved and listed above, you may

contact our office for additional information on courses pending approval.

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