Colorado Code § 12-10-606

Qualifications for licensing and certification of appraisers - continuing education - rules - evaluations - definitions
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(1) (a) The board shall, by rule, prescribe
requirements for the initial licensing or certification of persons under this part 6 to meet the
requirements of the "Real Estate Appraisal Reform Amendments", Title XI of the federal
"Financial Institutions Reform, Recovery, and Enforcement Act of 1989", as amended, 12 U.S.C.
secs. 3331 to 3351, and shall develop, purchase, or contract for examinations to be passed by
applicants. The board shall not establish any requirements for initial licensing or certification
that are more stringent than the requirements of any applicable federal law; except that all
applicants shall pass an examination offered by the board. If there is no applicable federal law,
the board shall consider and may use as guidelines the most recent available criteria published by
the Appraiser Qualifications Board of the Appraisal Foundation or its successor organization.
(b) The four levels of appraiser licensure and certification, pursuant to subsection (1)(a)
of this section, are defined as follows:
(I) "Certified general appraiser" means an appraiser meeting the requirements set by the
board for general certification.
(II) "Certified residential appraiser" means an appraiser meeting the requirements set by
the board for residential certification.
(III) "Licensed ad valorem appraiser" means an appraiser meeting the requirements set
by the board for ad valorem appraiser certification. Only a county assessor, employee of a
county assessor's office, or employee of the division of property taxation in the department of
local affairs may obtain or possess an ad valorem appraiser certification.
(IV) "Licensed appraiser" means an appraiser meeting the requirements set by the board
for a license.
(c) A county assessor or employee of a county assessor's office who is a licensed ad
valorem appraiser may not perform real estate appraisals outside of his or her official duties.
(d) The board shall transfer persons employed in a county assessor's office or in the
division of property taxation in the department of local affairs who are registered appraisers as of
July 1, 2013, to the category of licensed ad valorem appraiser. The board shall allow these
persons, until December 31, 2015, to meet any additional requirements imposed by the board
pursuant to section 12-10-604 (1)(a).
(2) (a) The board shall, by rule, prescribe continuing education requirements for persons
licensed or certified as certified general appraisers, certified residential appraisers, or licensed
appraisers as needed to meet the requirements of the "Real Estate Appraisal Reform
Amendments", Title XI of the federal "Financial Institutions Reform, Recovery, and
Enforcement Act of 1989", as amended, 12 U.S.C. secs. 3331 to 3351. The board shall not
establish any continuing education requirements that are more stringent than the requirements of
any applicable federal law; except that all persons licensed or certified under this part 6 are
subject to continuing education requirements. If there is no applicable federal law, the board
shall consider and may use as guidelines the most recent available criteria published by the
Appraiser Qualifications Board of the Appraisal Foundation or its successor organization.
(b) The board shall, by rule, prescribe continuing education requirements for licensed ad
valorem appraisers.
(3) Notwithstanding any provision of this section to the contrary, the criteria established
by the board for the licensing or certification of appraisers pursuant to this part 6 shall not
include membership or lack of membership in any appraisal organization.
(4) (a) Subject to section 12-10-619 (2), all appraiser employees of county assessors
shall be licensed or certified as provided in subsections (1) and (2) of this section. Obtaining and
maintaining a license or certificate under either subsection (1) or (2) of this section entitles an
appraiser employee of a county assessor to perform all real estate appraisals required to fulfill
the person's official duties.
(b) Appraiser employees of county assessors who are employed to appraise real property
are subject to this part 6; except that appraiser employees of county assessors who are employed
to appraise real property are not subject to disciplinary actions by the board on the ground that
they have performed appraisals beyond their level of competency when appraising real estate in
fulfillment of their official duties. County assessors, if licensed or certified as provided in
subsections (1) and (2) of this section, are not subject to disciplinary actions by the board on the
ground that they have performed appraisals beyond their level of competency when appraising
real estate in fulfillment of their official duties.
(c) The county in which an appraiser employee of a county assessor is employed shall
pay all reasonable costs incurred by the appraiser employee of the county assessor to obtain and
maintain a license or certificate pursuant to this section.
(5) The board shall not issue an appraiser's license as referenced in subsection (1)(b)(IV)
of this section unless the applicant has met the minimum appraisal experience requirement
established by the Appraiser Qualifications Board of the Appraisal Foundation or its successor
organization.
(6) (a) The board shall not issue a license or certification until the applicant demonstrates
that the applicant meets the fitness standards established by board rule and submits a set of
fingerprints to the Colorado bureau of investigation for the purpose of conducting a state and
national fingerprint-based criminal history record check utilizing records of the Colorado bureau
of investigation and the federal bureau of investigation. Each person submitting a set of
fingerprints shall pay the fee established by the Colorado bureau of investigation for conducting
the fingerprint-based criminal history record check to the bureau. Upon completion of the
fingerprint-based criminal history record check, the bureau shall forward the results to the board.
The board shall require a name-based judicial record check, as defined in section 22-2-119.3
(6)(d), for an applicant who has a record of arrest without a disposition. The applicant shall pay
the costs associated with a name-based judicial record check. The board may deny an application
for licensure or certification based on the outcome of the record check and may establish
criminal history requirements more stringent than those established by any applicable federal
law. At a minimum, the board shall adopt the criminal history requirements established by any
applicable federal law.
(b) An applicant for certification as a licensed ad valorem appraiser is not subject to the
fingerprinting and background check requirements of subsection (6)(a) of this section.
(7) (a) The board shall, by rule, authorize an exemption from compliance with the
uniform standards of professional appraisal practice for a licensed appraiser performing an
evaluation; except that the board's rules must not exempt a licensed appraiser performing an
evaluation from complying with the ethics, record-keeping, competency, and scope-of-work
standards of the uniform standards of professional appraisal practice.
(b) A licensed appraiser may perform an evaluation if conducted in accordance with
board rules promulgated under subsection (7)(a) of this section.

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