Property Valuation
In Michigan, a certified residential appraiser is limited to appraising:
AOnly single-family homes
BResidential properties up to 4 units and complex residential up to $250,000
CAll residential properties including condominiums
DNon-complex residential properties with values up to $1,000,000✓ Correct
Explanation
A certified residential appraiser may appraise all non-complex 1-4 unit residential properties without regard to value, and complex 1-4 unit residential properties with a transaction value up to $1,000,000.
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