NJ Appraiser Law, Regulations N.J.S.A. 45:14F-1, et seq. Real Estate Appraisers Act This course is required by NJ regulations every two years. Students will learn about the law itself, the regulations that pertain to the law including specific areas noted in the regulation. Provide general information about the law and regulations Provide some information about national licensing Understand how NJ State Appraisal Board works. Explore misunderstood areas of Laws and Regulations Discuss commonly found errors and issues (appraisals) Provide references sources and information for licensees.