What type of license is required to perform residential appraisals in Arizona?

To perform residential appraisals in Arizona, a Certified Residential Appraiser license is required. This designation allows appraisers to legally value one to four residential units without any restrictions on value or complexity of the assignments.

The Certified Residential Appraiser license meets the necessary educational and experience requirements set forth by the state of Arizona and the Appraisal Qualifications Board (AQB). It signifies that the individual has acquired the expertise and competency needed to provide credible appraisals in a professional capacity. This license is specifically designed for appraisers who wish to engage in more complex residential appraisal assignments and is thus an essential requirement for those working independently in this field.

In contrast, other choices either do not align with the state's regulatory framework or do not represent valid licensing categories for performing residential appraisals. The Licensed Residential Appraiser, while it may seem plausible, does not exist within Arizona’s licensing structure. The term State Residential Appraiser is also not recognized in the licensing categories, and the idea that no license is required if under supervision inaccurately reflects the legal requirements for appraising in Arizona. Supervision does not eliminate the need for proper licensure; appraisers must hold the appropriate certifications regardless of their supervisory arrangements.