Property Valuation
An Arizona appraiser who knowingly provides a fraudulent appraisal may face:
AOnly civil liability
BLicense revocation, fines, and possible criminal charges for bank fraud✓ Correct
CA warning letter from the ADRE only
DOnly liability to the lender, not the buyer
Explanation
Appraisal fraud is serious: appraisers can face license revocation, civil liability, and criminal prosecution for bank fraud (a federal offense). Appraisers must maintain independence and provide honest, well-supported opinions.
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