North Carolina Administrative Code

21 NCAC 57A .0202 FITNESS FOR REGISTRATION, LICENSURE, OR CERTIFICATION (a) The Appraisal Board shall consider the fitness for registration, licensure, or certification of each applicant. When the fitness of an applicant is in question, action by the Board shall be deferred until…

21 NCAC 57A .0203 Registration, LICENSE, and Certificate Renewal (a) All registrations, licenses, and certificates expire on June 30 of each year unless renewed before that time. (b) A holder of a trainee registration, an appraiser license, or certificate applying to renew such r…

21 NCAC 57A .0204 CONTINUING EDUCATION (a) All registered trainees, real estate appraiser licensees, and certificate holders shall, upon the renewal of their registration, license, or certificate in every odd-numbered year, have obtained continuing education, as required by this …

21 ncac 57a .0205 Inactive Status History Note: Authority G. S. 93E-1-7; 93E-1-10; Eff. July 1, 1994; Repealed Eff. August 1, 2002.

21 NCAC 57A .0206 Expired Registration, License or Certificate (a) Expired registrations, licenses, and certificates may be reinstated within 12 months after expiration upon payment to the Board of the renewal and late filing fees as set out in G.S. 93E-1-7, and proof of having c…

21 ncac 57a .0207 Payment of Registration, License and Certificate Fees Checks given to the Board in payment of registration, license and certificate fees which are returned unpaid shall be cause for registration, license or certificate denial, suspension or revocation. History N…

21 NCAC 57A .0208 Replacement Registration, License and Certificate Fees (a) A trainee, licensee, or certificate holder may, by paying the fee prescribed in G.S. 93E-1-7(d) to the Board, obtain a duplicate trainee registration, appraiser license, or certificate to replace an orig…

21 NCAC 57A .0209 National Appraiser Registry Licensees and certificate holders may apply for enrollment in the national registry of licensed and certified real estate appraisers or for the renewal or reinstatement of such enrollment online through the licensee login section on t…

21 NCAC 57A .0210 TEMPORARY PRACTICE (a) A real estate appraiser who does not reside in North Carolina and who is licensed or certified by the appraiser licensing or certifying agency in another state may apply to receive temporary appraiser licensing or certification privileges …

21 NCAC 57A .0211 APPLICANTS lICENSED OR CERTIFIED IN ANOTHER STATE (a) Applicants for licensure or certification who are not licensed or certified in North Carolina but are licensed or certified in another State shall file an application as stated in Rule .0101 of this Subchapte…

SECTION .0300 – APPRAISER EXAMINATIONS 21 NCAC 57A .0301 TIME AND PLACE (a) Applicants who have completed the education and experience requirements for licensure or certification as set forth in G.S. 93E-1-6 shall be issued an examination authorization by the Board. The examinati…

21 NCAC 57A .0302 SUBJECT MATTER AND PASSING SCORES History Note: Authority G.S. 93E-1-6(c); 93E-1-10; Eff. July 1, 1994; Amended Eff. July 1, 2014; January 1, 2013; September 1, 2008; March 1, 2007; April 1, 1999; Pursuant to G.S. 150B-21.3A, rule is necessary without substantiv…

21 NCAC 57A .0303 RE-EXAMINATION (a) Applicants for an appraiser license or certificate who fail to pass or appear for any examination for which the applicant has been scheduled by the Board-approved private testing service, may schedule a subsequent examination and shall pay the…

21 NCAC 57A .0304 Cheating and Related Misconduct Applicants shall not cheat or attempt to cheat on an examination by any means, including both giving and receiving assistance, and shall not communicate in any manner for any purpose with any person other than an examination super…

21 NCAC 57A .0305 CONFIDENTIALITY OF EXAMINATIONS History Note: Authority G.S. 93E-1-6(c); 93E-1-10; Eff. July 1, 1994; Repealed Eff. April 1, 1999.

21 NCAC 57A .0306 EXAMINATION REVIEW History Note: Authority G.S. 93E-1-6(c); 93E-1-10; Eff. July 1, 1994; Amended Eff. April 1, 1999; Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. October 3, 2017; Repealed Eff. May 1, 2020.

SECTION .0400 – GENERAL APPRAISAL PRACTICE 21 NCAC 57A .0401 Use of Titles (a) A trainee shall utilize either the term "registered trainee" or the term "trainee real estate appraiser" when performing an appraisal of real estate or any interest therein, and when referring to himse…

21 NCAC 57A .0402 Display of Registrations, Licenses and Certificates (a) The original or a copy of the registration, license, or certificate shall be displayed at each of the trainee's or appraiser's places of business. (b) The annual registration, license, or certificate renewa…

21 NCAC 57A .0403 Advertising (a) When advertising or otherwise holding himself out as a trainee or real estate appraiser, a trainee shall identify himself or herself either as a "registered trainee" or as a "trainee real estate appraiser," a licensed residential real estate appr…

21 ncac 57a .0404 Change of Name or Address All trainees, licensees, and certificate holders shall notify the Board in writing of each change of business address, residence address, or name change within 10 days of the change. The trainee, licensee, or certificate holder shall su…

21 NCAC 57A .0405 Appraisal Reports (a) Each written appraisal report prepared by or under the supervision of a licensed or certified real estate appraiser shall bear the signature of the licensed or certified appraiser, the license or certificate number of the licensee or certif…

21 NCAC 57A .0406 Business Practices History Note: Authority G.S. 93E-1-3(b); 93E-1-10; Eff. July 1, 1994; Amended Eff. July 1, 2005; August 1, 2002; April 1, 1999; Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. October 3, 2017; Repealed E…

21 NCAC 57A .0407 Supervision of trainees (a) A certified real estate appraiser may engage a registered trainee to assist in the performance of real estate appraisals. In the alternative, applicants for licensure or certification may complete the requirements of the Practical App…

21 ncac 57a .0408 Supervision of Licensed and Certified Residential Appraisers History Note: Authority G.S. 93E-1-10; Eff. July 1, 1994; Repealed Eff. August 1, 2002.

21 ncac 57a .0409 Reporting required actions Whenever any of the actions outlined in G.S. 93E-1-12(b)(1),(2),(4),(5),(6) are taken against a trainee, licensee or certificate holder, the registration/license/certificate holder must report those actions to the Board within 60 days …

21 NCAC 57A .0410 APPRAISAL MANAGEMENT COMPANIES An appraiser who performs an appraisal for an appraisal management company (AMC) shall verify that the company is registered with the North Carolina Appraisal Board pursuant to G.S. 93E-2-4, unless the AMC is exempt from registrati…

SECTION .0500 – STANDARDS OF APPRAISAL PRACTICE 21 NCAC 57A .0501 APPRAISAL STANDARDS (a) Every registered trainee, and licensed and certified real estate appraiser, shall comply with the following provisions of the "Uniform Standards of Professional Appraisal Practice" (USPAP), …

SECTION .0600 - EXPERIENCE CREDIT 21 NCAC 57A .0601 EXPERIENCE CREDIT TO UPGRADE Applicants for licensure or certification shall meet the Real Property Appraiser Qualification Criteria as implemented by The Appraisal Foundation's Appraiser Qualifications Board. An applicant shall…

21 NCAC 57A .0602 ACCEPTABLE EXPERIENCE – RESIDENTIAL CATEGORY Appraising the following types of properties qualifies as residential appraisal experience: (a) residential single-family; (b) residential multi-family of 2 – 4 units; (c) residential vacant lot (1 – 4 family property…

21 NCAC 57A .0603 ACCEPTABLE EXPERIENCE – GENERAL CATEGORY Appraising the following types of properties qualifies as general appraisal experience: (1) land such as farms of 100 acres or more in size, undeveloped tracts, residential multi-family sites other than those listed in Ru…

21 NCAC 57A .0604 TYPES OF APPRAISAL EXPERIENCE (a) An applicant may receive experience credit for standard appraisals, review appraisals, and demonstration appraisals. In the alternative, applicants for licensure or certification may complete the requirements of the Practical Ap…

21 NCAC 57A .0605 REPORTING APPRAISAL EXPERIENCE (a) Applicants shall use the Appraisal Board's Appraisal Experience Log to report appraisal experience, or in the alternative, applicants shall complete the requirements of the Practical Applications of Real Estate Appraisal (PAREA…

SUBCHAPTER 57B - REAL ESTATE APPRAISAL EDUCATION SECTION .0100 - COURSES REQUIRED FOR REGISTRATION, LICENSURE AND CERTIFICATION 21 NCAC 57B .0101 REGISTERED TRAINEE COURSE REQUIREMENTS (a) Each applicant for registration as a trainee shall meet the Real Property Appraiser Qualifi…

21 NCAC 57B .0104 COURSE EXEMPTIONS FOR EQUIVALENT EDUCATION History Note: Authority G.S. 93E-1-6(a); 93E-1-10; Eff. July 1, 1994; Repealed Eff. July 1, 2014.

SECTION .0200 – COURSE SPONSOR STANDARDS FOR PRELICENSING AND PRECERTIFICATION EDUCATION 21 NCAC 57B .0201 PURPOSE AND APPLICABILITY This Section establishes criteria for approval and operational requirements for all real estate appraisal qualifying course sponsors and schools. T…

21 NCAC 57B .0202 APPLICATION FOR APPROVAL Schools and other course sponsors seeking approval to conduct real estate appraisal qualifying courses shall make written application to the Board. The application form may be found on the Board's website at www.ncappraisalboard.org. His…

21 NCAC 57B .0203 CRITERIA FOR APPROVAL Approval to conduct real estate appraisal qualifying courses shall be granted to a school or course sponsor when it is shown to the satisfaction of the Board that: (1) the school or course sponsor has submitted a completed application form.…

21 NCAC 57B .0204 Facilities and Equipment (a) Classrooms shall be of sufficient size to accommodate comfortably all students enrolled in a course, shall have adequate light, heat, cooling and ventilation and shall be free of distractions which would disrupt class sessions. (b) C…

21 NCAC 57B .0205 ENROLLMENT CONTRACTS Schools and course sponsors shall execute a written contract with each student enrolled and shall provide a copy of such contract to the student. Such contract shall state the amount of tuition and fees paid, the school's policy regarding re…

21 ncac 57b .0206 ADMISSIONS POLICY AND PRACTICE Schools and course sponsors shall not discriminate in their admissions policy, practice or general operations against any person on the basis of age, sex, race, color, creed, national origin, religious preference or handicap. A sta…

21 NCAC 57B .0207 ADMINISTRATION One person shall be designated as the Director for each approved school or course sponsor and shall be responsible for administrative matters such as program development, scheduling of classes, advertising, maintenance of facilities and equipment,…

21 NCAC 57B .0208 ACCOMMODATIONS FOR PERSONS WITH DISABILITIES The Board may suspend, revoke, or deny renewal of approval of a real estate school or course sponsor to conduct appraiser qualifying courses upon finding that any court of competent jurisdiction has found the school o…

21 NCAC 57B .0209 Certification of Course Completion Approved schools or course sponsors must provide each passing student with a course completion certificate. Certificates of course completion shall be on a document bearing the letterhead or insignia of the school or course spo…

21 NCAC 57B .0210 Course Records Schools and course sponsors shall: (1) retain on file for five years copies of all grade and attendance records for each approved course and shall make such records available to the Board upon request; (2) retain on file for two years a master cop…

21 NCAC 57B .0211 Program Changes Approved schools and course sponsors must notify the Board of any changes to be made with respect to course content, course completion standards, instructors, school director or textbooks as prescribed in Section .0300 of this Subchapter. Request…

21 NCAC 57B .0212 WITHDRAWAL OR DENIAL OF BOARD APPROVAL The Board may deny or withdraw approval of any school or course sponsor upon finding that: (1) the school or course sponsor director has refused or failed to comply with any of the provisions of Sections .0200 and .0300 of …

SECTION .0300 – COURSE STANDARDS FOR PRELICENSING AND PRECERTIFICATION EDUCATION 21 NCAC 57B .0301 PURPOSE This Section establishes minimum standards for real estate appraisal qualifying courses prescribed by G.S. 93E-1-6(a). History Note: Authority G.S. 93E-1-8(a); 93E-1-10; Eff…

21 NCAC 57B .0302 COURSE CONTENT (a) All courses shall consist of instruction in the subject areas outlined in the Real Property Appraiser Qualification Criteria as implemented by The Appraisal Foundation's Appraiser Qualifications Board, which is hereby incorporated by reference…

21 NCAC 57B .0303 COURSE COMPLETION STANDARDS (a) Academic standards for course completion shall assure that students receiving a passing grade possess knowledge and understanding of the subject areas prescribed for the course. A student's grade shall be based on his or her perfo…

21 NCAC 57B .0304 Course scheduling (a) All courses shall have fixed beginning and ending dates. Late enrollment shall be permitted only if the enrolling student satisfies the attendance requirements set forth in Paragraph (e) of Rule .0303 of this Section. (b) Courses shall be s…