NY Adds Fair Housing and Fair Lending Course Study Requirements to Appraiser Continuing Education

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The New York Division of Licensing Services recently updated the continuing education requirements for real estate appraisers and real estate appraiser assistants who hold state licenses or certifications. The new regulations, effective January 1, 2022, require appraisers and appraiser assistants to successfully complete a Fair Housing and Fair Lending course every two years in order to renew a license or certification.

Under the new regulations, a person who holds an existing license or certification that prior to January 1, 2022, completed an approved course of study in Fair Housing, Fair Lending and Environmental Issues (RE-2) or (GE-1) may renew a license or registration by completing either the 7 Hour Introduction to Fair Housing and Fair Lending Instruction course or the 4 Hour Update to Fair Housing and Fair Lending Instruction course. Note a person who holds an existing license or certification that prior to January 1, 2022, has not completed an approved course of study in Fair Housing, Fair Lending and Environmental Issues (RE-2) or (GE-1) may renew a license or registration by completing the 7 Hour Introduction to Fair Housing and Fair Lending Instruction course.

The Division of Licensing Services noted that courses will be available at approved schools in the near future.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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