User:Sjura/Senior Residential Appraiser

The current requirements that an appraiser must fulfill to receive the SRA designation are as follows:

* Membership: o The person must be of good moral character, in good standing with the Appraisal Institute. * Education: o Proof of passing the 15 hour USPAP course and the Appraisal Institute's Business Practices and Ethic course. o Receive a passing grade on 8 examinations that reflect 165 hours of classroom instruction and that test the appraiser’s knowledge of basic and advanced appraisal principles, procedures and applications; report writing; valuation analysis and standards of professional practice o Hold an associate degree from a two-year accredited educational institution or have * Experience: Receive credit for 3,000 hours of experience, all of which must meet strict criteria. * Demonstration Report: Residential Demonstration Appraisal Report (narrative), Modular Demonstration of Knowledge, Residential Demonstration Report 45-Hour Package (Advanced Residential Applications and Case Studies/Part 1 and Advanced Residential Report Writing/Part 2), or General Demonstration Appraisal Report (not the research project or three appraisal report alternatives).