Public-domain · open source
OpenJurist

R.I. Gen. Laws § 5-20.7-8

Classes of certification and licensing — Residential and general

Known as the Rhode Island Real Estate Appraiser Certification Act

The act spans §§ 5–5 (26 sections).

P.L. 1990, ch. 424, § 1; P.L. 1992, ch. 275, § 1; P.L. 1997, ch. 341, § 1; P.L. 1997, ch. 366, § 1; P.L. 2006, ch. 217, § 2; P.L. 2006, ch. 357, § 2; P.L. 2013, ch. 54, § 1; P.L…

(a) There are two (2) classes for state-certified real estate appraisers and two (2) classes of licensed real estate appraisers.

(b) State-certified appraisers.

(1) A state-certified residential real estate appraiser is a person who fulfills the requirements for certification for the appraisal of residential real property as required by the Appraiser Qualifications Board of the Appraisal Foundation.

(2) A state-certified general real estate appraiser is a person who fulfills the requirements for certification for the appraisal of all types of real property.

(c) State-licensed appraisers.

(1) A state-licensed appraiser is a person who fulfills the requirements for licensing for the appraisal of residential property as required by the Appraiser Qualifications Board of the Appraisal Foundation.

(2) A licensed appraiser trainee is an individual who has successfully completed all requisite core courses as required by the Appraiser Qualifications Board of the Appraisal Foundation.

(d) [Deleted by P.L. 2013, ch. 54, § 1 and P.L. 2013, ch. 58, § 1.]

Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.