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2011 Utah Code
Title 61 Securities Division - Real Estate Division
Chapter 2g Real Estate Appraiser Licensing and Certification Act
Section 311 State-licensed appraiser -- Authority and qualifications.

61-2g-311. State-licensed appraiser -- Authority and qualifications.
(1) A state-licensed appraiser is authorized to appraise complex and noncomplex 1-4 family residential units in this state having a transaction value permitted under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and related federal regulations.
(2) A state-licensed appraiser is authorized to appraise vacant or unimproved land having a transaction value permitted under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and related federal regulations that is utilized for 1-4 family purposes or for which the highest and best use is 1-4 family purposes and subdivisions for which a development analysis/appraisal is not necessary.
(3) A state-licensed appraiser may not issue a certified appraisal report.
(4) To qualify as a state-licensed appraiser, an applicant must:
(a) be of good moral character;
(b) demonstrate honesty, competency, integrity, and truthfulness;
(c) pass the licensing examination with a satisfactory score as determined by the Appraisal Qualification Board;
(d) successfully complete not less than 150 classroom hours in courses of study that relate to:
(i) real estate appraisal;
(ii) the Uniform Standards of Professional Appraisal Practice; and
(iii) ethical rules to be observed by a real estate appraiser as required by Section 61-2g-403; and
(e) possess the minimum number of hours of experience in real property appraisal as established by rule.
(5) The courses of study under Subsection (4)(d) shall be conducted by:
(a) a college or university;
(b) a community or junior college;
(c) a real estate appraisal or real estate related organization;
(d) a state or federal agency or commission;
(e) a proprietary school;
(f) a provider approved by a state certification and licensing agency; or
(g) the Appraisal Foundation or its boards.

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