Appraiser Regulation

 

There has been increasing confusion in the appraisal profession about regulations.  The confusion centers on the difference between real estate appraisers and personal property appraisers.

 

The term 'Appraiser' is often used for both real estate appraisers and personal property appraisers.  To determine if the appraiser is subject to federal or state regulation, you must first determine whether they are real estate appraisers or personal property appraisers.

 

There are extensive federal and state regulations of real estate appraisers.  There are no federal or state regulations of personal property appraisers with the exception of IRS appraisals for charitable donations over $5,000.

 

Here are some frequently asked questions:

 

 

 

Frequent Questions

Real Estate

Appraisers

Personal Property

Appraisers

 

Are there federal or state regulations of appraisers?

 

 

Yes

The Certified Appraisers Guild training meets IRS requirements

 

Is there a federal or state license for appraisers?

 

 

Yes

 

No

 

Does the federal or state government require a test to be given to appraisers?

 

 

Yes

 

No

 

Do courts require a federal or state test of the appraiser before allowing testimony?

 

 

Yes

 

No

 

Do courts require a federal or state test of the appraiser before accepting his/her appraisal as evidence?

 

 

Yes

 

No

 

Is there a government organization that certifies appraiser schools?

 

 

Yes

 

No

 

Does the IRS have educational requirements for appraisals for Charitable donations over $5,000?

 

 

Yes

 

Yes

 

Is the Real Estate Appraiser’s USPAP course required for Real Estate Appraisers or Personal Property Appraisers?

 

 

Yes,

Required

 

No,

Not Required

 

 

The Certified Appraisers Guild is the largest personal property appraiser organization in the United States with members coast to coast.  The Certified Appraisers Guild is the #1 trainer of personal property appraisers in the world.  The Certified Appraisers Guild specializes exclusively in teaching personal property appraising.  Therefore, the Certified Appraisers Guild does not teach or test areas of real estate appraisals. 

 

Note: The Certified Appraisers Guild does NOT require members to pass any federal or state REAL ESTATE appraiser exam to obtain or maintain membership.

Make a Free Website with Yola.