(1) Real property appraisers must adhere to a specific scope of practice and must comply with the competency provision of Uniform Standards of Professional Appraisal Practice (USPAP).

(a) The licensed real property classification applies to the appraisal of noncomplex one to four residential units having a market value less than $1,000,000 and complex one to four residential units having a market value less than $250,000.

(i) The licensed real property classification appraisal of vacant or unimproved land that is utilized for one to four family purposes or for which the highest and best use is for one to four family purposes.

(ii) The licensed real property classification appraisal does not include the appraisal of subdivisions for which a development analysis or appraisal is necessary.

(b) The certified residential real property classification applies to the appraisal of one to four residential units without regard to market value or complexity.

(i) The certified residential real property classification includes the appraisal of vacant or unimproved land that is utilized for one to four family purposes or for which the highest and best use is for one to four family purposes.

(ii) The certified residential real property classification does not include the appraisal of subdivisions for which a development analysis or appraisal is necessary.

(c) The certified general real property classification applies to the appraisal of all types of real property.

(i) The certified general real property classification includes all types of real property without regard to value.