Professional Appraiser


Definition of "Professional appraiser"

Expert in real estate who has an education in real estate appraisal as well as having significant professional experience. A recognized license may be obtained from the Member Appraisal Institute. No national requirement exists as to who may do an appraisal. If property is appraised involving a federally insured agency, the appraiser must be licensed by the state.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ