§ 5-20.7-17 - Continuing education prerequisite to renewal.
SECTION 5-20.7-17
§ 5-20.7-17 Continuing educationprerequisite to renewal. – (a) As a prerequisite to certificate or license renewal, a state certified orlicensed real estate appraiser shall present evidence satisfactory to thedirector of having met the continuing education requirements of this section.
(b) The basic continuing education requirement for renewal ofa certificate or license is the completion by the applicant, during theimmediately preceding term of certification, of not less than twenty (20)classroom hours of instruction in courses or seminars from a duly licensed realestate school pursuant to the provisions of § 5-20.5-19 or a nationallyrecognized appraisal organization, college, university, or other schoolapproved by the appraiser qualifications board of the Appraisal Foundation orsuch other school as approved by the board.
(c) In lieu of meeting the requirements of subsection (b) ofthis section, an applicant for certificate or license renewal may satisfy allor part of the recertification requirements by presenting evidence of thefollowing:
(1) Completion of an educational program of study determinedby the board to be equivalent, for continuing education purposes, to coursesmeeting the requirements of subsection (b) of this section; or
(2) Participation other than as a student in educationalprocesses and programs approved by the board which relate to appraisal theory,practices or techniques, including, but not necessarily limited to, teaching,program development and preparation of textbooks, monographs, articles, andother instructional materials.
(3) The director may, for good cause, renew the licenseand/or certificate of an individual pending a review of the applicant'squalifications by the board and the department. The renewal shall be for aperiod not in excess of six (6) months.