Share on Facebook Share on Twitter Email
Answers.com

Certified Residential Appraiser

 
Business Dictionary: Certified Residential Appraiser

One qualified to Appraise residences and up to four units of housing, under appraiser certification law. Standards call for less education, less experience, and a less comprehensive exam than for a Certified General Appraiser.

Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
Real Estate Dictionary: Certified Residential Appraiser
Top

One qualified to Appraise residences and up to 4 units of housing. Under appraiser certification law, it requires 200 hours of qualifying education, 2,500 hours of experience, and a comprehensive examination. Requires 21 semester hours of college credit or a 2-year associate's degree.
Example: E.T. Jones is a certified residential appraiser and does much of the appraisal work for houses that are VA and FHA financed.

 
 

 

Copyrights:

Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more