• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Church Appraisal is this considered commerical

Status
Not open for further replies.
Some states allow certified residential appraisers to appraise non-residential properties with relatively low transaction amounts.
 
Some states allow certified residential appraisers to appraise non-residential properties with relatively low transaction amounts.

My license allows me to appraise nuclear reactors but I think I might have a competency issue.
 
Some states allow certified residential appraisers to appraise non-residential properties with relatively low transaction amounts.

In California you don't need an appraisal license to appraise unless it is a FRT or there is a requirement for a license (such as for GSEs and the government, etc.)

So if the OP was in CA then he could do the church because it was for a private party. As long as the OP was competent.
 
For a bank, it would definitely be commercial if over the de minimus. For a private property, then it is what your state law says... look it up. I bet it is on line.
 
In NY, if one is licensed, they must abide by the license law. Section 1101.2 states what a CR can appraise without supervision. It doesn't matter whether or not the assignment is a FRT, or who the intended user is.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top