Property Valuation
In Louisiana, an appraiser who violates USPAP may face sanctions from which body?
AThe Louisiana Real Estate Commission (LREC)
BThe Louisiana Real Estate Appraisers Board (LREAB)✓ Correct
CThe Louisiana Department of Revenue
DThe U.S. Department of Housing and Urban Development
Explanation
The Louisiana Real Estate Appraisers Board (LREAB) is the state regulatory body that licenses, certifies, and disciplines real estate appraisers in Louisiana. USPAP violations by appraisers are addressed through LREAB disciplinary proceedings.
Related Louisiana Property Valuation Questions
- In Louisiana, an appraiser who discovers after issuing a report that they made a significant error must:
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