SRA designation (source: The Appraisal Institute)

Woody Fincham, SRA is a well respected member of the Appraisal Institute. See his profile here.
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Summary of Requirements for SRA Membership For residential associate members admitted on or after January 1, 2005 For complete information on requirements refer to Regulation No. 2 and the SRA Procedure Manual. |
| Good Moral Character |
The Associate member must have good moral character. |
| Membership In Good Standing |
Must be a residential Associate member in good standing. |
| Standards and Ethics |
Must provide proof of passing an approved 15-Hour National USPAP course/exam and complete the Appraisal Institute course Business Practices and Ethics.
NOTE: Associate members who practice solely outside the United States may complete the International Valuation Standards course instead of the USPAP course.
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| Required Courses/Exams |
Unless AQB criteria for general or residential state certification is attained, the following exams are required:
Credit must be received for the following Appraisal Institute Examinations:
Note: The Associate member must attend the Advanced Residential Applications and Case Studies/Part 1 course. The Appraisal Institute may offer an Equivalency Examination to substitute for the above examinations except for the Standards, Ethics and Report Writing courses. |
| College Degree Requirement |
Must have received at least a two-year degree from an accredited college or university or alternative.
For more information on the college degree requirement and alternatives, click here. |
| Appraisal Experience |
Must receive credit for 3,000 hours of Residential Appraisal Experience (must cover at least a 24-months) or alternative.
For more information on the experience requirement and alternative, click here. |
| Demonstration Report |
Must receive credit for Residential Demonstration Appraisal Report or alternative.
For more information on the demonstration report requirement and alternative, click here. |
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