as an appraiser trainee, or registration as a temporary out-of-state appraiser from the Board. Appraisal practice–Valuation services performed by an individual acting as an appraiser, including but not limited to appraisal and appraisal review. Appraisal report–A report as defined by and prepared under the USPAP. Appraisal Standards Board–The Appraisal Standards Board (ASB) of the Appraisal Foundation, or its successor. Appraisal Subcommittee–The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council or its successor. Appraiser Qualifications Board–The Appraiser Qualifications Board (AQB) of the Appraisal Foundation, or its successor. Appraiser trainee–A person approved by the Board to perform appraisals or appraiser services under the active, personal and diligent supervision and direction of the supervisory appraiser. Board–The Texas Appraiser Licensing and Certification Board. Certified General Appraiser–A certified appraiser who is authorized to appraise all types of real property. Certified Residential Appraiser–A certified appraiser who is authorized to appraise one-to-four unit residential properties without regard to value or complexity. Classroom course–A course in which the instructor and students interact face to face, in real time and in the same physical location. Classroom hour–Fifty minutes of instruction out of each sixty-minute segment of actual classroom session time. Client–Any party for whom an appraiser performs an assignment. College–Junior or community college, senior college, university, or any other postsecondary educational institution established by the Texas Legislature, which is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools or like commissions of other regional accrediting associations, or is a candidate for such accreditation. Executive Director–The Executive Director of the Texas Appraiser Licensing and Certification Board. Complainant–Any person who has made a written complaint to the Board against any person subject to the jurisdiction of the Board. Complex appraisal–An appraisal in which the property to be appraised, the form of ownership, market conditions, or any combination thereof are atypical. Continuing education cycle–the period in which a license holder must complete continuing education as required by the AQB. Council–The Federal Financial Institutions Examination Council (FFIEC) or its successor. Day–A calendar day unless clearly indicated otherwise. Distance education–Any educational process based on the geographical separation of student and instructor, as defined by the AQB. Distance education includes synchronous delivery, when the instructor and student interact simultaneously online; asynchronous delivery, when the instructor and student interaction is non-simultaneous; and hybrid or blended course delivery that allows for both in-person and online interaction, either synchronous or asynchronous.

THIRD EDITION Appraisal Report — Any form of communication of a completed appraisal or appraisal review. See Appraisal. Appraisal - Sale Price Ratio — The ratio of the appraised value to the sale price, or adjusted sale price, of a property; a simple indication of appraisal accuracy. See Adjusted Sale Price, Appraised Value, and Ratio Study. Appraisal Standards Board — The independent board of The Appraisal Foundation that develops, interprets, and amends the uniform standards of professional appraisal practice (USPAP). Appraisal Uniformity — The extent to which appraisal procedures produce logical and consistent results across individual properties. See Appraisal. Appraisal Valuation Model (AVM) — A mathematically based computer software program that produces an estimate of market value based on market analysis of location, market conditions, and real estate characteristics from information that was previously and separately collected. The distinguishing feature of an AVM is that it is an estimate of market value produced through math- ematical modeling. Credibility of an AVM is dependent on the data used and the skills of the modeler producing the AVM. See Market Analysis, Market Value, and Model. Appraise — To make an estimate of value for property. See Market Value and Value. Appraised Value — The estimate of the value of a property. See Value. Appraiser — The professionally skilled individual who estimates the monetary value of property. Appraiser Licensing and Certification — A procedure whereby appraisers gain permission from the United States, state, and territorial licensing agencies to practice without supervision by demonstrating appropriate (pre — licensing) experience and education skills and by agreeing to maintain and improve their skills and to conduct themselves in accordance with professional standards set by either The Appraisal Foundation’s Appraisal Standards Board or an appraisal organization. Appraiser Qualifications Board — The independent division of The Appraisal Foundation that establishes education, experience, and other criteria for licensing, certification, and reclassifi- cation of qualified appraisers. See Appraiser. Appreciation — Increase in value of a property, in terms of money, from causes other than addi- tions and betterments. Contrast Depreciation. See Addition and Betterment. Appurtenance — Real or personal property improvements that when attached or affixed become part of the real or personal property. Arbitrary Map — An office subdivision or map made by a title company, assessor, or others for their own convenience in locating property in an area in which all the descriptions are by metes and bounds.

appraiser licensing agency or comparable regulatory jurisdiction, or a college, community college, or university that is accredited by a regional, institutional, national, or programmatic accreditation agency that is recognized by the U.S. Department of Education; (4) Distance education courses, synchronous or asynchronous, are acceptable if: (A) Course content is approved as above in subparagraph (3); and (B) For asynchronous distance education, the course delivery mechanism is approved by one of the following: (i) AQB's CAP; (ii) The International Distance Education Certification Center; (iii) The Appraisal Foundation; or (iv) A college, community college, or university that qualifies for content approval in paragraph (3) above that awards academic credit for the distance education course. (d) To qualify for renewal, the seven-hour National USPAP Update Course required in subsection (a) shall be completed after the date on which the previous license was issued, or after the previously issued license's expiration date, or during the two-year period following the expiration of the previously held license in which the license can be renewed pursuant to section 3682. To qualify for renewal, the remaining hours required in subsection (b) shall be completed after the expiration date of the previous four-year continuing education cycle. (e) Except for the seven-hour National USPAP Update Course, duplicate continuing education coursework will not be counted toward meeting the required hours of this section if completed more than once within the same four-year continuing education cycle. Note: Authority cited: Sections 11313, 11314, 11360 and 11361, Business and Professions Code. Reference: Sections 11360, 11361 and 11424, Business and Professions Code. § 3544. Credit for Teaching Appraisal Courses. (a) Instructors of appraisal courses may receive credit for up to one-half of the continuing education requirement. Teaching of appraisal courses shall not be acceptable to meet minimum experience requirements. Page 12 July 1, 2026 (b) Instructors must submit written verification of their instructor experience, which shall include: (1) Name of School; (2) Name of Appraisal Course; (3) Dates each course was taught; (4) Number of hours each course was taught; (5) Description of course content for each course taught; (6) Certification by school official verifying the information; and (7) Applicant's signed certification under penalty of Perjury. Note: Authority cited: Sections 11313, 11314 and 11340, Business and Professions Code. Reference: Section 11340, Business and Professions Code. ARTICLE 4. APPLICATION PROCESS § 3561. Application for Licensing. (a) Applications for licensing shall be valid for one year from