Minnesota Appraisal License Requirements
The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Minnesota Department of Commerce. The information provided below can be found on the Department’s website. However, we recommend you contact the Department for more detailed information and for any changes which may have occurred.
Minnesota Appraisal Licensure Levels:
- Trainee Real Property Appraiser
- Licensed Residential Real Estate Appraiser
- Certified Residential Real Property Appraiser
- Certified General Real Property Appraiser
Minnesota Appraisal Licensure Requirements:
- Must be at least 18 years of age
- Must have a high school diploma or its equivalent
- Must meet the educational requirement for the applying level of licensure
- Must meet the experience requirement for the applying level of licensure
- For Certified Residential level: A minimum of an Associates Degree OR 21 college semester hours in specific subject matters is also required
- For Certified General level: A minimum of a Bachelors Degree OR 30 college semester hours in specific subject matters is also required
- Satisfactory completion of the state examination
- Submit application, required documents, and associated fees
Minnesota Appraisal Education Requirements:
- 75 hours for the Trainee Real Property Appraiser which consist of the following courses: Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours)
- 150 hours for the Licensed Residential Real Estate Appraiser which include the same hour requirement as the Trainee Real Property Appraiser level AND: Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
- 200 Hours for the Certified Residential Real Property Appraiser which consist of the same 150 hours of Licensed Residential Appraiser education AND: Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
- 300 hours for the Certified General Real Property Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND: Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)
Experience Requirements:
- Trainee Real Property Appraiser – No experience requirement
- Licensed Residential Real Property Appraiser – 2000 hours in no less than 12 months
- Certified Residential Real Property Appraiser – 2500 hours in not less than 24 months
- Certified General Real Property Appraiser – 3000 hours in not less than 30 months with at least 1500 hours of experience in nonresidential appraisals
Minnesota Appraisal Continuing Education Requirements:
- Licensees must renew every 2 years by August 31st
- 30 hours of continuing education must be completed during the renewal cycle
- The 7-hour National USPAP course must be completed every renewal period