RD250 - Evaluation of Continuing Education Requirements for Appraising the Effects of the Use of Energy Efficiency and Renewable Energy Equipment on the Fair Market Value of Non-Income-Producing Residential Real Estate - November 1, 2012


Executive Summary:
The Real Estate Appraiser Board evaluated the availability and need for continuing education on the topic of appraising residential real estate with energy efficient features and equipment. Based on its research and public comments received, the Board concludes existing continuing education curricula which comply with federal guidelines appear sufficient for licensed appraisers.

The Board recommends against the development of additional, Virginia-specific continuing education on this topic as a condition of license renewal.