How many creditable hours of appraisal education must an applicant obtain for a Licensed Residential Appraiser credential?

Study for the Florida Trainee Appraiser Test. Engage with flashcards and multiple choice questions, each question has hints and explanations. Prepare confidently for your exam!

To obtain the Licensed Residential Appraiser credential in Florida, an applicant is required to complete 150 creditable hours of appraisal education. This education forms a critical foundation for understanding appraisal principles, procedures, and regulations.

The 150 hours are tailored to cover key areas such as the fundamentals of appraisal practice, market analysis, site valuation, and the process of establishing value for residential properties. By completing this amount of education, applicants are well-equipped to perform competent and ethical appraisals while adhering to state laws and the Uniform Standards of Professional Appraisal Practice (USPAP).

This educational requirement is essential for ensuring that appraisers possess the necessary knowledge and competencies before engaging in the profession, thereby helping to maintain a standard of quality and professionalism within the field of real estate appraisal.

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