MO INS Trainee Real Estate Licensing


On Jun. 10, MO INS proposed updated licensing criteria for trainees.


  • MO INS proposed to amend MO LEG 20-2245-3.005 on real estate licensing criteria.
  • Outlined trainee licensing educational criteria set by the Appraisal Qualifications Board.
  • Document dated Jun. 17, received from MO INS on Jun. 10, summarized on Jun. 13.
  • Rule Provisions
  • Trainees who submit an application postmarked on or after Jan. 1, 2026, shall be required to meet the 2026 Appraisal Qualifications Board (AQB) educational criteria.
  • Must have 15 hours in national uniform standards of professional appraisal practice.
  • 30 hours of basic appraisal principles and 30 hours of basic appraisal procedures.
  • 8 hours of valuation bias and fair housing laws and regulations for a total of 83 hours.
  • Licenses or certificates issued to trainees valid for 10 years from the date of issuance.
  • Holder of a license or certificate as a trainee may request on an annual basis, a 1 year extension in writing and for just cause at least 30 days prior to the expiration date.
  • Effective Jan. 1, 2026, licenses/certificates issued to trainees will expire on Jun. 30 of even-numbered years; trainee may only renew license for a total of 5 renewal cycles.
  • Trainees holding a certificate or license prior to Jan. 1, 2026, will receive a new license or certificate with Jun. 30, 2026, expiration date and will have to renew going forward.
  • Provided renewal instructions; trainees must maintain evidence of course completion.
  • Consultation
  • Comments on proposed amendments must be submitted in 30 days, by Jul. 17, 2024.
  • Jun. 17, 2024, MO INS Proposed Renewal Fee
  • On Jun. 17, 2024, MO INS proposed to amend MO LEG 20-2245-5.020 to add a real estate appraiser trainee license fee of $25 and removed redundant language.
  • Comments on proposed amendments must be submitted in 30 days, Jul. 17, 2024.
  • In Jun. 2024, MO INS proposed rule on appraiser licensure criteria, see #216167.
  • Oct. 2024 MO INS Final Amendments
  • On Oct. 1, 2024, MO INS published rulemaking to amend MO LEG 20-2245-3.005, MO LEG 20-2245-5.020, no changes/comments received from Jun. 17, 2024 version.
  • Amendment become effective 30 days after publication in Code of State Regulations.

Regulators MO INS
Entity Types Corp
Reference MO SR Vol. 49 No. 19 p. 1466, 10/1/2024; MO SR Vol. 49 No. 12 p. 896, 6/17/2024; MO SR Vol. 49 No. 12 p. 895, 6/10/2024; Citation: *MO LEG* 20-2245-3.005, 20-2245-5.020;
Functions Compliance; Financial; Legal; Record Retention; Registration/Licensing; Training
Countries United States of America
Category
State
Products Corporate; Mortgage
Regions Am
Rule Type Final
Rule Date 6/10/2024
Effective Date 10/31/2024
Rule Id 215472
Linked to N/A
Reg. Last Update 10/1/2024
Report Section US Consumer

Last substantive update on 10/03/2024