Property Valuation
A NH appraiser must complete what minimum education before being licensed as a trainee appraiser?
AOnly pass an exam
BComplete the required basic appraisal education required by NH's appraiser licensing statutes and AQB criteria✓ Correct
CHold a real estate broker's license
DComplete a law degree
Explanation
NH appraiser licensing follows the Appraiser Qualifications Board (AQB) minimum education requirements (150+ hours for a Residential license). Trainee appraisers must also work under a supervising certified appraiser.
Related New Hampshire Property Valuation Questions
- A 'drive-by' appraisal (exterior-only inspection) in New Hampshire provides:
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- Net operating income (NOI) for an investment property is calculated as:
- In NH real estate, 'functional obsolescence' refers to a loss in value due to:
- In New Hampshire, the town's assessed value vs. market value discrepancy is measured by the:
- An appraiser in NH uses a 'market extraction' method to determine the cap rate for a commercial property. This involves:
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