N.J. Admin. Code § 18:12-4.6

Current through Register Vol. 56, No. 21, November 4, 2024

Section 18:12-4.6 - Appraisal firm; qualifications of principals and employees

(a) The principals of the firm and the employees of the firm directly engaged in municipal revaluation programs in this State shall meet the following minimum requirements:

1. Principals shall have five years of practical and extensive appraisal experience in the valuation of the four classifications of property;

2. Supervisors shall have four years of practical and extensive appraisal experience in the valuation of the particular type of properties for which they are responsible. Two years of this experience must be in mass appraisal and have occurred within the past five years;

3. Field personnel and/or data collectors shall have received 150 hours of in-service training pertaining to their particular phase of work and shall be generally aware of all other phases of the revaluation project before starting actual field work;

4. Personnel determining final land values shall meet the qualifications prescribed for supervisors in direct charge of the work; and

5. Resumes shall be submitted on behalf of principals and supervisors.

N.J. Admin. Code § 18:12-4.6

Amended by 50 N.J.R. 664(a), effective 1/16/2018