Who is responsible for issuing credentials to individual appraisers?

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The responsibility for issuing credentials to individual appraisers lies with state appraisal regulatory agencies. These governmental bodies establish the requirements for licensure and certification, ensuring that appraisers meet specific education, experience, and competency standards set forth by state and federal regulations.

State appraisal regulatory agencies are tasked with overseeing the appraisal profession within their jurisdiction, which includes the issuance of licenses and certifications. This oversight ensures that appraisers adhere to the ethical standards and practices necessary for maintaining public trust in the valuation of properties. These agencies also handle complaints and disciplinary actions against appraisers, further enforcing the standards of the profession.

In contrast, organizations like The Appraisal Foundation focus on setting national standards and promoting professionalism but do not issue credentials directly to appraisers. Local inventory boards typically deal with tax assessments rather than appraiser licensure, and professional appraisal associations work more as support and networking organizations rather than regulatory bodies.

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