AMA Requirements - Minnesota Department of Revenue

Minnesota State Board of Assessors
BA-AMAR
AMA Requirements List
FOR ASSESSORS THAT OBTAINED THEIR CMA PRIOR TO 7/1/2011
TRADITIONAL METHOD I
(FOR ASSESSORS THAT OBTAINED THEIR CMA PRIOR TO 7/1/2011)
Name
(Rev. 5/14)
Assessor License Number
• An existing CMA (or CMAS) license
Completion Date:
_____________________________
• Two income courses ______________________________
_____________________________
_____________________________
______________________________
• MAAO - MN Assessment Administration (IAAO Course 400 is considered a board approved alternate if taken
prior to July 1, 2014)
______________________________
• One elective course: elective from CMA counts as elective
_____________________________
• IAAO 151: Uniform Standards of Professional Appraisal Practice _____________________________
(Or another Board approved 15 hour USPAP Course)
• Residential Form Appraisal Report and Residential Case Study Exam____________________________ or
Passing demonstration narrative
or
Obtaining one of the following designations:
•SRA or MAI from the Appraisal Institute
•RES or CAE from the IAAO
• Three years of assessment experience
_____________________________
• Oral interview with the Board
_____________________________
• Application and fee: Assessors who move from one license level
_____________________________
to another within the same fiscal year need only pay the fee
difference between the two levels when sending in their application.
• Generally, Minnesota State Board of Assessors fees are non-refundable.
NOTE:: Technical/clerical assessment related experience, appraisal experience that exceeds six months,
and actual assessment experience may be counted as assessment experience for an initial assessor’s license application. Any combination of this experience can be used up to a maximum of three years total.
The maximum experience for an initial assessor’s license is three years.
A 4-year real estate (appraisal) degree from an accredited college in North America is the equivalent of
Residential Appraisal Principles, Residential Appraisal Procedures, the elective and the Residential Demonstration Narrative. You MUST submit an official copy of your transcript in order to receive credit for
your degree. If your coursework included an income course, please identify that course when submitting
your transcript and it may count as one of the required income courses.
A current MAI is equal to Residential Appraisal Principles, Residential Appraisal Procedures, two income
courses, the elective, the Residential Form Appraisal report and both the Residential and Income Narratives. You MUST submit an official copy of your MAI certificate in order to receive credit for your
designation.
The Board does not act on applications until ALL requirements have been met.
Minnesota State Board of Assessors
BA-AMAR (p. 2)
AMA Requirements List (Cont.)
FOR ASSESSORS THAT OBTAINED THEIR CMA AFTER 7/1/2011
Name
Assessor License Number
• An existing CMA (or CMAS) license
Completion Date:
_____________________________
• Two income courses ______________________________
_____________________________
______________________________
_____________________________
• MAAO - MN Assessment Administration (IAAO Course 400 is considered a board approved alternate if taken
prior to July 1, 2014
_____________________________
TRADITIONAL METHOD II
(FOR ASSESSORS THAT OBTAINED THEIR CMA AFTER 7/1/2011)
• One elective course: choice of one Board approved elective course _____________________________
(See approved course list on website)
• IAAO 151: Uniform Standards of Professional Appraisal Practice _____________________________
(Or another Board approved 15 hour USPAP Course)
• Residential Form Appraisal Report and Residential Case Study Exam____________________________ or
Passing demonstration narrative
or
Obtaining one of the following designations:
•SRA or MAI from the Appraisal Institute
•RES or CAE from the IAAO
• Three years of assessment experience
_____________________________
• Oral interview with the Board
_____________________________
_____________________________
• Application and fee: Assessors who move from one license level
to another within the same fiscal year need only pay the fee
difference between the two levels when sending in their application.
• Generally, Minnesota State Board of Assessors fees are non-refundable.
NOTE:: Technical/clerical assessment related experience, appraisal experience that exceeds six months,
and actual assessment experience may be counted as assessment experience for an initial assessor’s license application. Any combination of this experience can be used up to a maximum of three years total.
The maximum experience for an initial assessor’s license is three years.
A 4-year real estate (appraisal) degree from an accredited college in North America is the equivalent of
Residential Appraisal Principles, Residential Appraisal Procedures, the elective and the Residential Demonstration Narrative. You MUST submit an official copy of your transcript in order to receive credit for
your degree. If your coursework included an income course, please identify that course when submitting
your transcript and it may count as one of the required income courses.
A current MAI is equal to Residential Appraisal Principles, Residential Appraisal Procedures, two income
courses, the elective, the Residential Form Appraisal report and both the Residential and Income Narratives. You MUST submit an official copy of your MAI certificate in order to receive credit for your
designation.
The Board does not act on applications until ALL requirements have been met.

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