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SPS 85.830(3)(3)Real estate appraisal or real estate related organizations.
SPS 85.830(4)(4)State or federal agencies or commissions.
SPS 85.830(5)(5)Proprietary schools.
SPS 85.830(6)(6)Providers approved by the state certification or licensing agencies.
SPS 85.830(7)(7)The Appraisal Foundation or its boards.
SPS 85.830 HistoryHistory: CR 14-016: cr. Register September 2014 No. 705, eff. 1-1-15; CR 18-104: am. (7) Register December 2019 No. 768, eff. 1-1-20.
SPS 85.840SPS 85.840College degree acceptance.
SPS 85.840(1)(1)Credit toward qualifying education requirements may be obtained by completion of a degree in real estate from an accredited, degree-granting college or university approved by the Association to Advance Collegiate Schools of Business, or a regional or national accreditation agency recognized by the U.S. department of education, provided that the college or university has had its curriculum reviewed and approved by the AQB.
SPS 85.840(2)(2)Education may not be substituted for experience, except for approved practicum courses under s. SPS 85.700 (1) (e).
SPS 85.840 HistoryHistory: CR 14-016: cr. Register September 2014 No. 705, eff. 1-1-15; correction in (2) made under s. 13.92 (4) (b) 7., Stats., Register September 2014 No. 705; CR 18-104: am. Register December 2019 No. 768, eff. 1-1-20.
subch. IX of ch. SPS 85Subchapter IX — Continuing Education
SPS 85.900SPS 85.900Continuing education.
SPS 85.900(1)(1)Except as provided under sub. (1m), every certified and licensed appraiser shall complete at least 28 class hours of continuing education in each biennial renewal period, including successful completion of the 7-Hour National USPAP Update Course or its AQB-approved equivalent.
SPS 85.900(1m)(1m)If an appraiser is initially licensed or certified within a biennial renewal period, the appraiser shall complete 14 class hours of continuing education for each remaining year or partial year of licensure or certification in that renewal period, including successful completion of the 7-Hour National USPAP Update Course or its AQB-approved equivalent.
SPS 85.900(2)(2)Continuing education class hours may be applied only to satisfy the continuing education requirements for the biennial renewal period in which the hours were acquired and may not be carried over to the next biennial renewal period. Credit for completing any given continuing education course shall be claimed only once during a biennial renewal period.
SPS 85.900(3)(3)To obtain credit for continuing education class hours, a licensed or certified appraiser shall sign a statement on the renewal application certifying completion, within the biennial renewal period immediately preceding the date on which the application is submitted, of continuing education approved by the department.
SPS 85.900 NoteNote: Renewal applications are provided by the department prior to each renewal date.
SPS 85.900(4)(4)The number of hours of attendance at and completion of continuing education courses required under sub. (1) or (1m) shall be reduced by one hour for each hour the applicant attends a continuing education course meeting all of the following requirements:
SPS 85.900(4)(a)(a) The course is completed during the biennial renewal period immediately preceding the date the application for renewal is submitted.
SPS 85.900(4)(b)(b) The course is attended by the applicant in order to continue to qualify for employment as an assessor.
SPS 85.900(4)(c)(c) The department determines the course is substantially equivalent to a continuing education course that is relevant to the category of license or certification to which the application pertains.
SPS 85.900(5)(5)Up to 14 class hours may be claimed for teaching continuing education courses that are approved under s. SPS 85.910. Credit for instructing any given continuing education course or seminar shall be claimed only once during a biennial renewal period.
SPS 85.900(6)(6)To audit for compliance, the department may require any certified or licensed appraiser to submit evidence of completion, during the preceding biennial renewal period, of continuing education that meets the requirements of this section. Every certified and licensed appraiser shall retain records of continuing education credits for at least 5 years.
SPS 85.900 HistoryHistory: Cr. Register, September, 1991, No. 429, eff. 10-1-91; emerg. am. (1), (3) to (5), eff. 10-1-91; am. (1), (3) to (5), Register, May, 1992, No. 437, eff. 6-1-92; renum. (5) to be (6), cr. (5), Register, April, 1994, No. 460, eff. 5-1-94; am. (4), Register, June, 1996, No. 486, eff. 7-1-96; am. (1), (2) and (5), r. (3), Register, January, 1998, No. 505, eff. 2-1-98; cr. (3), am. (1) and (6), Register, January, 1999, No. 517, eff. 2-1-99; CR 01-100: am. (4) and (5), Register February 2002 No. 554, eff. 3-1-02; correction in (4) made under s. 13.93 (2m) (b) 7., Stats., Register February 2002 No. 554; CR 02-067: am. (1), cr. (1m) Register November 2002 No. 563, eff. 12-1-02; CR 04-007: am. (1) Register August 2004 No. 584, eff. 9-1-04; CR 06-033: am. (1), (1m), (2), (3) and (5) Register November 2006 No. 611, eff. 12-1-06; CR 10-135: am. (6) Register August 2011 No. 668, eff. 9-1-11; CR 14-016: SPS 85.900 renum. from SPS 85.01, am. (2), cr. (7) Register September 2014 No. 705, eff. 1-1-15; CR 18-104: am. (1) to (3), renum. (4) to (4) (intro.) and am., cr. (4) (a) to (c), am. (5), (6), r. (7) Register December 2019 No. 768, eff. 1-1-20.
SPS 85.910SPS 85.910Approval of continuing education courses.
SPS 85.910(1)(a)(a) Except as provided under sub. (10), to obtain approval of a continuing education course the course provider shall submit an application on forms provided by the department at least 45 days prior to the first date the course is offered. The application shall include all of the following:
SPS 85.910(1)(a)1.1. The name, date, and location of the course.
SPS 85.910(1)(a)2.2. A general description of the subject matter.
SPS 85.910(1)(a)3.3. An outline of the content of the course, including time segments for each subject.
SPS 85.910(1)(a)4.4. The name and qualifications of the course instructor.
SPS 85.910(1)(b)(b) The department shall notify the course provider whether the course has been approved or denied within 20 business days from the date the application is received.
SPS 85.910 NoteNote: Applications for course approval are available from the department’s website at http://dsps.wi.gov.
SPS 85.910(2)(2)A continuing education course shall relate to one or more real property related appraisal topics, including any of the following:
SPS 85.910(2)(a)(a) Ad valorem taxation.
SPS 85.910(2)(b)(b) Arbitration, dispute resolution.
SPS 85.910(2)(c)(c) Courses related to the practice of real estate appraisal or appraisal consulting.
SPS 85.910(2)(d)(d) Development cost estimating.
SPS 85.910(2)(e)(e) Ethics and standards of professional practice, USPAP.
SPS 85.910(2)(f)(f) Land use planning, zoning.
SPS 85.910(2)(g)(g) Real estate management, leasing, timesharing.
SPS 85.910(2)(h)(h) Property development, partial interests.
SPS 85.910(2)(i)(i) Real estate law, easements, and legal interests.
SPS 85.910(2)(j)(j) Real estate litigation, damages, condemnation.
SPS 85.910(2)(k)(k) Real estate financing and investment.
SPS 85.910(2)(L)(L) Real estate appraisal related computer applications.
SPS 85.910(2)(m)(m) Real estate securities and syndication.
SPS 85.910(2)(n)(n) Developing opinions of real property value in appraisals that also include personal property of business value.
SPS 85.910(2)(o)(o) Sell concessions and impact value.
SPS 85.910(2)(p)(p) Energy efficient items and “green building” appraisals.
SPS 85.910(3)(3)The course shall be available to all certified and licensed appraisers regardless of membership in any organization.
SPS 85.910(4)(4)The course shall be at least 2 hours in length.
SPS 85.910(5)(5)The course provider shall monitor attendance by requiring each participant to sign an attendance sheet at the beginning and end of each course and shall furnish each participant with written evidence of having completed the course.
SPS 85.910(6)(6)Course providers may repeat a previously approved course without reapplication, provided that the subject matter and instructor have not changed.
SPS 85.910(7)(a)(a) Credit may be granted for a distance education course that satisfies all requirements for a continuing education course established by the AQB that are in effect at the time the course is offered.
SPS 85.910(7)(b)(b) A distance education course intended for use as continuing education shall include at least one of the following:
SPS 85.910(7)(b)1.1. A written examination proctored by an official approved by the college or university, or by the sponsoring organization. Oral examinations are not acceptable.
SPS 85.910(7)(b)2.2. Successful completion of prescribed course material required to demonstrate knowledge of the subject matter.
SPS 85.910 NoteNote: Information concerning the course approval process established by the AQB is available at www.appraisalfoundation.org.
SPS 85.910(8)(8)Course instructors shall be approved by the department. An instructor whose appraiser certificate has been limited, suspended, or revoked may not instruct in approved courses while the disciplinary action is in effect. An approved instructor shall possess at least one of the following qualifications:
SPS 85.910(8)(a)(a) Be an instructor of appraisal courses who teaches or has taught appraisal courses at an accredited college or university.
SPS 85.910(8)(b)(b) Be a licensed or certified appraiser who practices in the aspects of appraising being taught such as, appraisal, appraisal review, appraisal consulting or mass appraisal, and who has engaged in the practice for at least 5 years.
SPS 85.910(8)(c)(c) Be an instructor of assessor education courses who is approved by the department of revenue to teach continuing assessor education programs that are relevant to appraisal practice.
SPS 85.910(8)(d)(d) Be an instructor who teaches appraisal courses approved by the AQB.
SPS 85.910 NoteNote: Information concerning courses approved by the AQB is available at www.appraisalfoundation.org.
SPS 85.910(8)(e)(e) If applying to teach the 7-Hour National USPAP Update Course or its equivalent, be a certified residential or general appraiser, and be certified by the AQB as an instructor to teach that course.
SPS 85.910(8)(f)(f) Be an instructor who teaches an appraiser or assessor course approved by another state of the United States that is relevant to appraisal practice.
SPS 85.910(8)(g)(g) Be an instructor who, in the judgment of the department, is qualified to teach course work that is relevant to appraisal practice.
SPS 85.910(9)(9)The course provider shall retain records of attendance of qualifying education programs for a period of 5 years. The records shall include all of the following:
SPS 85.910(9)(a)(a) The name of the course.
SPS 85.910(9)(b)(b) The date the course was offered.
SPS 85.910(9)(c)(c) The names and addresses of individuals who completed the course.
SPS 85.910(9)(d)(d) The number of hours of instruction.
SPS 85.910(9)(e)(e) If administered, the examination results for each individual.
SPS 85.910(10)(10)An appraisal course approved by the AQB shall be approved by the department without receipt of an application for course approval from the course provider.
SPS 85.910(11)(11)An appraisal course approved by another state or territory of the United States, which complies with the real property appraiser qualification criteria established by the AQB, shall be approved by the department without receipt of an application for course approval from the other state or territory.
SPS 85.910(12)(12)Credit awarded for the classroom hour requirement when a licensed appraiser seeks a certified appraiser certification, or a certified residential appraiser seeks a certified general appraiser certification, may also be awarded for the continuing education requirement of the license or certification held.
SPS 85.910 NoteNote: Information concerning courses approved by the AQB is available at www.appraisalfoundation.org.
SPS 85.910 HistoryHistory: Cr. Register, September, 1991, No. 429, eff. 10-1-91; emerg. am. (2) and (3), eff. 10-1-91; am. (2) and (3), Register, May, 1992, No. 437, eff. 6-1-92; renum. (7) to be (10), cr. (7) to (9), Register, April, 1994, No. 460, eff. 5-1-94; am. (2), (8) (intro.), (9) (a), cr. (9) (c), Register, June, 1996, No. 486, eff. 7-1-96; am. (8) (intro.), (a), (b), (c) and (9) (a), Register, January, 1998, No. 505, eff. 2-1-98; am. (1) and (8) (intro.), cr. (9) (d) and (11), Register, January, 1999, No. 517, eff. 2-1-99, eff. 2-1-99; CR 01-100: am. (1) to (4) and (6), r. and recr. (5) and (7), r. (8), renum. (9) to (11) to be (8) to (10) and am. (9), cr. (11), Register February 2002 No. 554, eff. 3-1-02; CR 02-067: cr. (7) (d) and (8) (e) Register November 2002 No. 563, eff. 12-1-02; CR 06-033: am. (1), (6), (8) (b), (c) and (10), renum. (2) and (7) (intro.) to be (2) (intro.) and (7) and am., cr. (2) (a) to (m), r. (7) (a) to (d) and (11), r. and recr. (8) (e), Register November 2006 No. 611, eff. 12-1-06; CR 10-135: cr. (8) (f), (g), (11), (12) Register August 2011 No. 668, eff. 9-1-11; CR 14-016: SPS 85.910 renum. from SPS 85.02, cr. (2) (n) to (p), cr. (7) (a) Register September 2014 No. 705, eff. 1-1-15; correction in numbering of (7) made under s. 13.92, (4) (b) 1., Stats., Register September 2014 No. 705; CR 18-104: renum. (1) to (1) (a) (intro.) and am., cr. (1) (a) 1. to 4., (b), am. (2) (intro.), (c), (7) (a), (b) (intro.), (8) (intro.), (d), (e), (9) (intro.), (10), (11) Register December 2019 No. 768, eff. 1-1-20.
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Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.