Who is responsible for issuing credentials to individual appraisers?

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Study for the McKissock 15hr National USPAP Test. Use flashcards and multiple-choice questions with hints and explanations. Get ahead in your appraisal career!

Multiple Choice

Who is responsible for issuing credentials to individual appraisers?

Explanation:
Credentials to practice as an appraiser are issued by state regulatory agencies. In the U.S., appraisal regulation is handled at the state level, with each state’s regulatory or licensing authority granting licenses or certificates to individuals who meet the education, experience, and examination requirements set by the Appraiser Qualifications Board. The ASC oversees state programs to ensure they comply with federal law, and the ASB handles USPAP, but neither issues individual appraiser credentials. Once you satisfy the AQB criteria, your state agency issues the credential allowing you to practice in that state.

Credentials to practice as an appraiser are issued by state regulatory agencies. In the U.S., appraisal regulation is handled at the state level, with each state’s regulatory or licensing authority granting licenses or certificates to individuals who meet the education, experience, and examination requirements set by the Appraiser Qualifications Board. The ASC oversees state programs to ensure they comply with federal law, and the ASB handles USPAP, but neither issues individual appraiser credentials. Once you satisfy the AQB criteria, your state agency issues the credential allowing you to practice in that state.

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