RE 40 - Real Estate Appraisal

3 units
3 hours lecture
Recommended Preparation: RE 11 or California Bureau of Real Estate Appraisers (BREA) license or California Department of Real Estate (DRE) broker license
Credit, degree applicable
Transfer CSU

This course provides instruction in the valuation principles of real estate appraisal, including architectural styles, types of construction, lot valuation, depreciation, the approaches to value, and appraisal standards and ethics.

Note: The California Department of Real Estate (DRE) has approved this course as one of the optional courses for the salesperson licensure in addition to the required courses of Real Estate Principles and Real Estate Practice. This course is statutorily required for the California real estate broker license. The California Bureau of Real Estate Appraisers (BREA) has approved this course for 54 hours of basic education (BE) credit. BREA has approved this course for 51 hours of continuing education (CE) credit for license renewal provided the student has 90% attendance and passes a closed book final exam. This course is also approved by the California BREA for credit hours towards the appraisal license.