PERMANENT RULES
Date of Adoption: May 14, 1999.
Purpose: To establish the minimum hours for continuing education courses and seminars.
Citation of Existing Rules Affected by this Order: Amending WAC 308-125-090 Continuing education required.
Statutory Authority for Adoption: RCW 18.140.030(8).
Adopted under notice filed as WSR 99-08-028 on March 30, 1999.
Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.
Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.
Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 1, Repealed 0.
Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.
Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 1, Repealed 0. Effective Date of Rule: Thirty-one days after filing.
May 14, 1999
Alan E. Rathbun
Assistant Director
OTS-2828.1
AMENDATORY SECTION(Amending WSR 97-02-004, filed 12/20/96, effective 1/20/97)
WAC 308-125-090
Continuing education required.
(1) As a prerequisite to renewal of certification or licensure, the holder of a certificate or license shall present evidence satisfactory to the director of successful completion of the continuing education requirements of this section.
(2) The continuing education requirements for renewal of certification or licensure shall be the completion by the applicant of twenty classroom hours of instruction in courses or seminars which have received the approval of the director. Courses must be completed within the term of certification or licensure immediately preceding renewal: Provided, That effective January 1, 1998, the number of classroom hours is twenty-eight; further, every other renewal period, the holder of a certificate or license will present evidence of successful completion of at least fifteen hours of approved USPAP related continuing education. The hours of USPAP education may be included in the total education hours submitted for both the current and previous renewal periods.
(3) In order for courses or seminars to be accepted under subsection (2) of this section,
the course or seminar must be a minimum of ((four)) two hours in length and be directly related
to real estate appraising. However, a maximum of one-half of the continuing education hours
required for renewal can be in two-hour seminars or courses.
(4) An examination is not required for courses or seminars taken for continuing education classroom hours. The exception is the fifteen-hour Uniform Standards of Professional Appraisal Practice (USPAP) course when required by the course provider.
(5) The requirement under subsection (2) of this section may be met by participation other than as a student in educational process and programs approved by the director including teaching, program development, and authorship of textbooks and other written instructional materials.
(6) Courses or seminars taken to satisfy the continuing education requirement for general real estate appraisers, should include coverage of real estate appraisal related topics, such as:
(a) Ad valorem taxation.
(b) Arbitrations.
(c) Business courses related to practice of real estate.
(d) Construction estimating.
(e) Ethics and standards of professional practice.
(f) Land use planning, zoning, and taxation.
(g) Management, leasing, brokerage, timesharing.
(h) Property development.
(i) Real estate appraisal (valuations/evaluations).
(j) Real estate financing and investment.
(k) Real estate law.
(l) Real estate litigation.
(m) Real estate related computer applications.
(n) Real estate securities and syndication.
(o) Real property exchange.
(p) Such other presentations approved by the director.
(7) Courses or seminars taken to satisfy the continuing education requirement for residential real estate appraisers should include coverage of real estate appraisal related topics, such as:
(a) Ad valorem taxation.
(b) Business courses related to practice of real estate.
(c) Construction estimation.
(d) Ethics and standards of professional practice.
(e) Land use planning, zoning, taxation.
(f) Property development.
(g) Real estate financing and investment.
(h) Real estate law.
(i) Real estate related computer applications.
(j) Real estate securities and syndication.
(k) Real property exchange.
(l) Real estate feasibility and marketability studies.
(m) Such other presentations approved by the director.
(n) Real estate securities and syndication.
(o) Real estate property exchange.
(p) Such other presentations approved by the director.
(8) Courses or seminars taken to satisfy the continuing education requirement for licensed real estate appraisers should include coverage of real estate appraisal related topics, such as:
(a) Ad valorem taxation.
(b) Arbitration.
(c) Business courses related to practice of real estate appraisal.
(d) Construction estimating.
(e) Ethnics and standards of professional practice.
(f) Land use planning, zoning, and taxation.
(g) Management, leasing brokerage, timesharing.
(h) Property development.
(i) Real estate appraisal (valuations/evaluations).
(j) Real estate law.
(k) Real estate litigation.
(l) Real estate financing and investment.
(m) Real estate appraisal related computer applications.
(n) Real estate securities and syndication.
(o) Real property exchange.
(p) Such other presentations approved by the director.
[Statutory Authority: RCW 18.140.030(1). 97-02-004, § 308-125-090, filed 12/20/96, effective 1/20/97; 93-17-020, § 308-125-090, filed 8/10/93, effective 9/10/93. Statutory Authority: RCW 18.140.030. 91-04-074, § 308-125-090, filed 2/5/91, effective 3/8/91.]