Property Valuation
In Ohio, which of the following BEST describes a 'fee appraiser'?
AAn appraiser who only works for lenders
BAn independent appraiser who performs appraisals on a fee-for-service basis for various clients✓ Correct
CA government-employed assessor
DAn appraiser who charges a percentage of the property's value
Explanation
A fee appraiser is an independent, self-employed appraiser (or one working for an appraisal firm) who performs appraisals for a fee for various clients — lenders, buyers, sellers, attorneys, and others.
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