Property Valuation
Colorado appraisers are regulated by the:
AColorado Real Estate Commission
BColorado Board of Real Estate Appraisers✓ Correct
CAppraisal Subcommittee of FFIEC
DColorado Division of Housing
Explanation
The Colorado Board of Real Estate Appraisers, within the Division of Real Estate, regulates the licensing and certification of real estate appraisers in accordance with federal Appraiser Qualification Board (AQB) standards.
Related Colorado Property Valuation Questions
- The sales comparison approach to value is most commonly used for:
- Which appraisal approach is most appropriate for a special-use property such as a church or school in Colorado?
- When performing a sales comparison approach, an appraiser adjusts for differences between the subject property and comparables. If a comparable has a feature the subject lacks, the appraiser should:
- A Colorado appraiser determines that a property has 'superadequacy' (overimprovement). This means:
- When a Colorado appraiser is asked to provide a 'retrospective appraisal' (value as of a past date), they must:
- When a Colorado appraiser identifies a 'highest and best use' that is different from the current use, this indicates:
- A Colorado appraiser who has a personal relationship with the lender who ordered the appraisal, which could influence their judgment, must:
- When Colorado property values are declining, a seller who insists on pricing their home above comparable sales is experiencing:
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