In Arizona, what is the required experience for a Certified General Appraiser license?

In Arizona, what is the required experience for a Certified General Appraiser license?

• A. A minimum of 1,500 hours of supervised appraisal experience
• B. A minimum of 2,500 hours of supervised appraisal experience
• C. A minimum of 3,000 hours of supervised appraisal experience
• D. A minimum of 4,000 hours of supervised appraisal experience

Answer: (C)

To obtain a Certified General Appraiser license in Arizona, the required experience is 3,000 hours of supervised appraisal experience. This regulation is in place to ensure that individuals seeking to practice as Certified General Appraisers possess a comprehensive understanding of appraisal principles and practices across various types of properties. The 3,000 hours must be completed in specific areas of appraisal work, including residential and commercial properties, which helps to ensure that the appraiser is well-rounded in their expertise. This level of experience is critical, as Certified General Appraisers are authorized to appraise all types of properties without limitation, including complex commercial properties, which require a deeper knowledge base and more extensive experience than lower certifications. The rationale behind setting this requirement is to safeguard the public interest by ensuring that Licensed Appraisers possess sufficient practical experience and knowledge to produce reliable and accurate property valuations. This is especially important in the real estate market, where misjudgments can have significant financial implications. Hence, the specified experience level effectively prepares appraisers to undertake the complexities of a broad range of appraisal assignments.

To obtain a Certified General Appraiser license in Arizona, the required experience is 3,000 hours of supervised appraisal experience. This regulation is in place to ensure that individuals seeking to practice as Certified General Appraisers possess a comprehensive understanding of appraisal principles and practices across various types of properties.

The 3,000 hours must be completed in specific areas of appraisal work, including residential and commercial properties, which helps to ensure that the appraiser is well-rounded in their expertise. This level of experience is critical, as Certified General Appraisers are authorized to appraise all types of properties without limitation, including complex commercial properties, which require a deeper knowledge base and more extensive experience than lower certifications.

The rationale behind setting this requirement is to safeguard the public interest by ensuring that Licensed Appraisers possess sufficient practical experience and knowledge to produce reliable and accurate property valuations. This is especially important in the real estate market, where misjudgments can have significant financial implications. Hence, the specified experience level effectively prepares appraisers to undertake the complexities of a broad range of appraisal assignments.