What is the primary purpose of the Arizona Board of Appraisal?

The primary purpose of the Arizona Board of Appraisal is to administer and regulate the practice of appraisal in Arizona. This entails ensuring that appraisers comply with state laws and standards, which is essential for maintaining the integrity of the appraisal profession. The Board works to protect the public by overseeing appraiser licensing, ensuring that appraisers meet the necessary qualifications and adhere to professional standards. By regulating this field, the Board helps to foster trust and confidence in the appraisal process, which is crucial for real estate transactions, financing, and property assessments.

The other options, while related to the broader context of real estate and property, do not accurately reflect the specific role of the Board. For instance, overseeing real estate transactions pertains more to real estate agents and brokers rather than appraisers. Providing education for real estate agents is a different function that typically falls under professional associations or licensing boards specifically for real estate rather than appraisals. Setting property tax rates is a government function usually managed by local authorities and tax boards, rather than the Board of Appraisal, which focuses specifically on appraiser regulation.