B.__Satisfactorily complete 300 creditable class hours as specified in the appraiser qualifications board's required core curriculum, which must include the 15-hour national uniform standards of professional appraisal practice course and examination;

C.__Pass the appraiser qualifications board's uniform state- certified general real property appraiser examination; and

D.__Hold a valid license under this chapter and demonstrate 3,000 hours of appraisal experience obtained during no fewer than 30 months, including 1,500 hours of nonresidential appraisal work.

3.__Effective date.__This section takes effect January 1, 2008.

Sec. 7. 32 MRSA §14036 is enacted to read:

§14036.__Certified residential real property appraiser

1.__Scope of license.__A certified residential real property appraiser license entitles the holder to appraise residential real estate or real property of one to 4 residential units, without regard to value or complexity and to appraise vacant or unimproved land that is to be used for one to 4 family units or for which the highest and best use is for one to 4 family units.__ A certified residential real property appraiser license does not entitle the holder to appraise subdivisions for which a development analysis and appraisal is necessary.

2.__Professional qualifications.__An applicant for a certified residential real property appraiser license must meet the licensing requirements promulgated by the appraiser qualifications board.__Each applicant must:

A.__Hold an associate's or higher degree from an accredited college or university or have successfully passed 21 semester credit hours in the following collegiate level subject matter courses from an accredited college, junior college, community college or university:

(1)__English composition;

(2)__Principles of microeconomics or macroeconomics;

(3)__Finance;