Frequently Asked Questions on IT Appraisers
- What is appraisal?
- When is appraisal performed?
- Who could perform appraisal?
- How to become an appraiser?
- What does a training include?
- Which documents should be submitted for the training and where?
- Which documents should be submitted for the exam and where?
- How much does the exam cost?
- When will the next expert exam take place?
- Is there a limited number of licenses?
What is appraisal? Appraisal is a process of determination, i.e. estimation of the market value of the object of assessment by an authorized appraiser, in cases stipulated under the Law or upon request of interested party - ordering party. When is appraisal performed? In compliance with the Law on Appraisal, appraisal is performed in the following cases:
- transfer of ownership right,
- determination of the capital value in cases of change of the capital value and structure, and during status changes,
- bankruptcy proceeding and liquidation,
- during funding and raising mortgage and pledged asset loan ,
- payment of receivables,
- expropriation proceeding,
- taxation with property taxes,
- investment consulting and
- other cases determined by law.
- Natural person - sole proprietor registered for appraisal performance in compliance with the Law on Trade Companies and has an appraisal license, and is registered under adequate register of licensed appraisers; and
- Appraisal Company registered for appraisal performance in compliance with the Law on Trade Companies, has an appraisal license and is registered under adequate register of licensed appraisers
How to become an appraiser? To become an appraiser, you firstly must meet requirements to register for attendance on the first initial training. According to the Law, the requirements are the following:
- to be a citizen of the Republic of Macedonia,
- to be permanent resident of the Republic of Macedonia,
- to hold higher education degree (degree on completion of four-year higher education or 300 credits according to the European Credit Transfer System (ECTS)),
- proof of at least 5 years working experience in the field of appraisers or in the field of information technology.
If you meet the appraiser requirements in the adequate area, you should apply on a public call announced by the Chamber of Appraisers, and submit the needed documents in accordance with the public call. When you complete the training, you will receive an initial training certificate. Furthermore, you would need to apply to the public call for first appraiser expert exam, announced by the ministry responsible for the respective appraisal area. Successful completion of the expert exam implies that you will receive a Certificate of Completion of First Expert Exam.You should use the certificate on passed exam within a deadline of one year to sign an employment contract with a legal entity registered for appraisal or to launch your own firm and become a sole proprietor. With this, you as a sole proprietor or the company you are employed in as appraiser would submit a request to the competent ministry in the appraisal field you have taken the expert exam in. The ministry will then issue a License. Once you obtain the license in compliance with the law, you will become an appraiser and are allowed to perform appraisals.The Ministry of Information Society and Administration is responsible for appraisal in the field of information technologies. The Ministry's designated website features the Methodology on Appraisal of Information Technology Value, located under the section Documents/Laws. In addition to the Methodology, the following documents are also available under the section IT Appraisers/Documents: Programme for First Initial Appraiser Training on the Value of Information Technology, Programme for Taking Expert Appraiser Exam on the Value of Information Technology and Rulebook on Scoring the Writing Section of the Appraiser Exam in the Field of Information Technology. What does a training include? The initial appraiser training is organized with a view to acquire practical and theoretical knowledge and skills, in order to create trained and professional candidates to take the expert appraiser exam.The initial appraiser training is organized by the Chamber of Appraisers in cooperation with the competent ministry and cannot last longer than 30 hours.After completing the training, the candidate may take the expert exam one year following completion of the training the latest.The public call for invitation of all interested persons to attend the training is announced in two daily newspapers, one of which on the language spoken by at least 20% of citizens belonging to all communities in the Republic of Macedonia. Which documents should be submitted for the training and where? Candidates interested in attending the initial authorized appraiser training in the field of IT should submit a request to the archive of the Chamber of Appraisers and attach the following documents thereto:
- Proof of payment of training costs (PP50 form) of training costs
- Copy of ID card
- Proof of completed higher education
- Proof of at least five years work experience in the field of appraisal or information technology
Which documents should be submitted for the exam and where? Candidates interested in taking the first exam on certified appraisers in the field of IT should submit a request to the archive of the Ministry of Information Society and Information, or on the postal address: Ministry of Information Society and Administration, Str. Cyril and Methodius, no/54, Skopje, and enclose the following documents:
- Proof of payment (PP50 form)
- Certified copy of Certificate of Citizenship in the Republic of Macedonia,
- Certified copy of ID card,
- Proof of completed higher education (degree on completion of four-year higher education or 300 credits degree according to the European Credit Transfer System (ECTS))
- Certified copy of certificate for completed initial training of appraisers in the field of appraisal the exam shall be taken on
How much does the exam cost? Appraiser exam costs amount to 5,000.00 MKD. Appraiser exam costs for persons unemployed over 6 months amounts to 1,500.00 MKD, whereby the candidate must submit a statement of unemployment no longer than 15 days from the day of publication of the Announcement.Social welfare users are free from payment of exam costs by submitting a statement on social welfare user no longer than 15 days from the day of publication of the Announcement.To date, exam costs are estimated at national level and for all appraisal areas. When will the next expert exam take place? The date and time of the next exam shall be published in two daily newspapers and on our website www.mioa.gov.mk, in compliance to law stipulations. Is there a limited number of licenses? The number of training candidates, exam candidates and license request is not limited, but may affect the organization of the training and exam. For more information, please call the following contact number: 3200-898