Educational Requirements for
Appraisal Institute Designations
Are you ready to take your career to the next level and differentiate yourself from
all the other state-certified appraisers?
Obtaining MAI or SRA Designated membership from the Appraisal Institute will elevate
you into the upper echelon of valuation experts.
These Designated memberships have long been recognized by courts of law, governmental
agencies, financial institutions and investors as marks of excellence in the field
of real estate valuation and analysis.
With an MAI or SRA behind your name, you will be recognized immediately for your
knowledge, experience and integrity. Review the required education below – you may
find out that you already have credit for one or more of these Appraisal Institute
courses. Note to Candidate for Designation: To track your progress
toward Designated membership, check your Candidate Status Report.
Required Standards and Ethics Courses for All Appraisal Institute Candidates for
Designation:
- Within the initial first-year cycle, provide proof of passing the
15-Hour National Uniform Standards of Professional Practice (USPAP) course and
exam. Once past the initial cycle, the
7-Hour USPAP may be taken instead for subsequent Standards and Ethics cycles.
NOTE: Candidates who practice solely outside the United States may complete the
International Valuation
Standards course instead of the USPAP course.
- Complete the Appraisal Institute course,
Business Practices and Ethics.
Jump to Educational Requirements for SRA Designated Membership
Educational Requirements for MAI Designated Membership
Exams for the following Level I courses are waived by meeting AQB criteria/state
general certification or earning certain degrees:
Must pass Appraisal Institute course and exam:
Must pass the following Level II examinations:
Note: The Appraisal Institute may offer an Equivalency Examination as a substitute for the examinations
noted above except for the Standards, Ethics, and Report Writing courses.
2011 Changes to the MAI Advanced Education – For information on
equivalencies to the previous courses,
click here.
Alternative technical requirements are available to general Candidates for Designation
who hold other certain credentials. For more information on this, please see the
Admissions Policy Manual.
Educational Requirements for the SRA Designated Membership
Exams for the following courses are waived by meeting AQB criteria/state general
or residential certification or earning certain degrees:
Must pass the following Appraisal Institute Examinations or equivalencies:
Note: Pair and Pass
Adv. Residential Applications and Case Studies/Part 1 (course/exam)
with
Advanced Residential Report Writing/Part 2 (course/exam) to ALSO satisfy
the residential Demonstration of Knowledge requirement
Alternative technical requirements are available to residential Candidates for Designation
who hold certain other credentials. For more information on this, please see the
Admissions Policy Manual.
