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

Study for the Arizona Appraiser Licensing Test. Use flashcards and multiple-choice questions with hints and explanations. Prepare for exam success!

To perform residential appraisals in Arizona, the Certified Residential Appraiser license is required. This license allows the appraiser to valuate residential properties without restrictions on complexity or value, making it suitable for various types of residential appraisals.

In Arizona, the Certified Residential Appraiser designation specifically caters to real estate appraisers looking to specialize in residential properties, including single-family homes, multi-family residences, and more. An individual holding this certification has completed the necessary education, experience, and passed the relevant examination to assess the value of residential properties competently.

Other types of licenses, such as the Licensed Residential Appraiser or Certified General Appraiser, may permit different compensations or types of properties to be appraised, but for specifically residential appraisals, the Certified Residential Appraiser is the appropriate license. Associate Appraiser is typically an entry-level position that allows individuals to work under the supervision of a certified appraiser, but it does not grant the independence necessary to undertake residential appraisals on one's own.

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