A real estate appraiser licensed under this chapter shall comply with generally accepted standards of professional appraisal practice and generally accepted ethical rules to be observed by a real estate appraiser.__Generally accepted standards of professional appraisal practice and ethics are currently, at a minimum, those established by the Uniform Standards of Professional Appraisal Practice.

§14029.__Individual licensing

Only an individual may be licensed under this chapter.

§14030.__Certified general real property appraiser

1.__Scope of license.__A certified general real property appraiser license entitles the holder to appraise all types of real property.

2.__Professional qualifications.__Each applicant for a certified general real property appraiser license must:

A.__Hold a valid license under this chapter and demonstrate experience as a real estate appraiser as required by the appraiser qualifications board;

B.__Satisfactorily complete the minimum classroom hours required by the appraiser qualifications board in courses of study approved by the Board of Real Estate Appraisers that relate to real estate appraisal theory and practice.__To meet the classroom requirement, an applicant must successfully complete no fewer than 15 hours in courses of study approved by the board that relate specifically to the Uniform Standards of Professional Appraisal Practice; and

C.__Pass an examination administered by the board designed to test an individual's knowledge of the basic principles of land economics, real estate appraising, the Uniform Standards of Professional Appraisal Practice and the ethical rules to be observed by a real estate appraiser.

§14031.__Certified residential real property appraiser

1.__Scope of license.__A certified residential real property appraiser license entitles the holder to appraise residential real estate or real property of one to 4 units, or land related to that property, without regard to transaction value or complexity when a net income capitalization analysis is not required by the terms of the assignment.