Become an appraiser
Examinations and training required for an appraisal license.
- License
- Ministry of Land, Infrastructure and Transport
- After both exams
- 1 year of practical training
- If the first exam is waived
- 4 weeks of practical training
To receive an appraisal license, a person must pass the required examinations and complete practical training, as the law requires.
Two ways to qualify
Pass both the first and the second examination, then complete one year of practical training.
Work for five years or more on appraisal-related duties at an institution set by presidential decree, pass the second examination, and complete four weeks of practical training.
First examination
- Civil Law (General Provisions and Property)
- Principles of Economics
- Principles of Real Estate
- Appraisal-related Laws
- Accounting
English is replaced by a score from an official English test, such as TOEIC.
Second examination
- Appraisal Practice
- Appraisal Theory
- Appraisal and Compensation Law
Practical training
Training has two parts: a theory course, then practical work. The rule sets the theory course at four months and the practical work at eight months, after the theory course. The Association may set a different period.
The course now under way
- January–March
- Required and elective classes
- April
- Extra classes and the theory test
- May–December
- Practical work
Where practical work takes place
A person who is exempt from the first examination takes a theory course of four weeks.