Property Valuation
In Louisiana, who is authorized to perform a formal real estate appraisal for a federally related transaction?
AAny licensed real estate agent
BA state-certified or state-licensed appraiser✓ Correct
CThe listing broker
DAny LREC member
Explanation
Federal regulations require that federally related transactions use a state-certified or state-licensed appraiser. Real estate agents may perform a competitive market analysis (CMA) but not a formal appraisal.
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