Residential appraiser definition

Residential appraiser means an individual who con- ducts appraisals of residential real estate or of commercial real estate having a transaction value of not more than $250,000.
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Residential appraiser means a person who has completed the necessary training and is certified to appraise residential property in Montana.
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Residential appraiser means a person who holds a current, valid certification as a state-certified residential real estate appraiser issued under the provision of Utah Code Annotated, Section 61-2b-1 and following.
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Examples of Residential appraiser in a sentence

  • SCOPE OF PRACTICEQuestion 1:I am a Certified Residential appraiser and I have been asked to appraise a home on 40 acres, which includes a “hobby farm” that is not used for commercial purposes.

  • Question 2:I am a Certified Residential appraiser and I have been asked to appraise a home on 40 acres.

  • Question 3:I am a Licensed Residential appraiser and I have been asked to appraise a home on 40 acres in a marketplace where there are no other home sites larger than 5 acres.

  • Therefore, this property could not be appraised by a Licensed Residential appraiser to support a federally-related transaction (FRT).

  • Question 2:I was going to become a Certified Residential appraiser but after taking 45 hours of residential classes I decided to go for my Certified General credential instead.

  • Residential appraiser report writing and case studies, fifteen hours.

  • Residential appraiser site valuation and cost approach, fifteen hours.

  • However, if the credential is not removed, the AQB should be given the authority to establish criteria similar to that of the Certified Residential appraiser criteria.

  • Residential appraiser courses: 200 classroom hours of real estate appraisal education equivalent to the residential appraiser education courses prescribed in Rules .0101 and .0102 of this Subchapter and two years' full- time experience as a certified residential or general real estate appraiser within the previous five years.

  • Residential appraiser courses: 120 classroom hours of real estate appraisal education equivalent to the residential appraiser education courses prescribed in Rules .0101 and .0102 of this Subchapter and either two years' full-time experience as a residential real estate appraiser within the previous five years or three years full time experience as a general real estate appraiser within the previous five years, with at least one-half of such experience being in residential property appraising.