Appraisal Institute requirements for its MAI designation are significantly more stringent than those for state certification, applicable in valuing commercial and other non-residential properties:
Requirements
Overview
College education
Appraisal Education
Appraisal Experience
Continuing Appraisal
Education (average)
Peer Review
Comprehensive Exam
Demonstration
Appraisal Report
MAI
4-year degree
396 hours
6000 hours
20 hours/
year
Yes
Yes
Required
State Certified General
No
300 hours
3000 hours
14 hours/
year
No
No
No
Sources: Appraisal Institute Regulation Nos. 1 and 10; and State of Washington Department of Licensing. Applicants shall rely solely upon their own investigation and direct communication with these entities for comprehensive and updated requirements.
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