Define a qualified appraiser.

A qualified appraiser is defined as one who meets specific education, experience, and certification requirements established by regulatory bodies. This definition emphasizes the importance of formal training and adherence to the standards set forth by governing organizations in the appraisal profession. Regulatory bodies, such as state licensing agencies and national appraisal organizations, create criteria that ensure appraisers possess the necessary knowledge and skills to perform accurate and reliable appraisals.

These requirements typically include a combination of formal education, such as specific coursework in appraisal principles, ethics, and related subjects, as well as practical experience under the supervision of a licensed appraiser. Additionally, a qualified appraiser must have passed relevant examinations to demonstrate competency in their field. This structured pathway helps to ensure that appraisers can provide professional services that comply with industry standards and legal regulations, maintaining the integrity and reliability of appraisals in various contexts.

In contrast, the other descriptions fail to encompass the full scope of qualifications necessary for an appraiser to be considered qualified in a professional context.