RE 131 — Real Estate Appraisal
This course is an introduction to the field of real property appraisal. It includes the hands-on evaluation of a single-family residence and a multi-family income unit. This course includes preparation of and finalization of the Uniform Residential Appraisal Report. Students will learn to use the Uniform Residential Appraisal Report (URAR) with addendums for the single-family residence report and will use Small Residential Income Report for multiple units. This course will qualify for 72 hours of basic Appraisal Education toward the 90 hours necessary for Trainee License, the 120 hours required for Licensed or Certified Residential classification, and the 180 hours required for the Certified General classification. This course is statutorily required by the Department of Real Estate for a Broker’s License. This course may be used as one of the elective courses to obtain a Real Estate salesperson's License.