Which of the following is TRUE regarding the role of the Arizona Board of Appraisal?

Which of the following is TRUE regarding the role of the Arizona Board of Appraisal?

• A. It only issues licenses for residential appraisers
• B. It regulates all appraisers and appraisal practices in Arizona
• C. It oversees only commercial property appraisals
• D. It focuses solely on appraiser education

Answer: (B)

The Arizona Board of Appraisal has a comprehensive role in overseeing the appraisal profession within the state. This includes the regulation of all appraisers and appraisal practices, not limited to a specific type of appraisal such as residential or commercial. The board's responsibilities encompass licensing, setting standards for practice, enforcing regulations, and ensuring that appraisers comply with state and federal laws. This broad regulatory mandate helps maintain professional standards and protect the public interest in all aspects of appraising, confirming that the correct choice is indeed that the board regulates all appraisers and appraisal practices in Arizona. This ensures uniformity and quality in appraisals across different property types, rather than focusing on a singular segment of the profession or merely on education.

The Arizona Board of Appraisal has a comprehensive role in overseeing the appraisal profession within the state. This includes the regulation of all appraisers and appraisal practices, not limited to a specific type of appraisal such as residential or commercial. The board's responsibilities encompass licensing, setting standards for practice, enforcing regulations, and ensuring that appraisers comply with state and federal laws. This broad regulatory mandate helps maintain professional standards and protect the public interest in all aspects of appraising, confirming that the correct choice is indeed that the board regulates all appraisers and appraisal practices in Arizona. This ensures uniformity and quality in appraisals across different property types, rather than focusing on a singular segment of the profession or merely on education.