Property Valuation
When a USPAP-compliant appraisal is required for a federally related transaction in Texas, the appraiser must:
ABe licensed by TREC
BBe licensed or certified by the Texas Appraiser Licensing and Certification Board (TALCB)✓ Correct
CBe a member of the Texas Association of REALTORS
DHave a minimum of 10 years of appraisal experience
Explanation
The Texas Appraiser Licensing and Certification Board (TALCB) is the state agency that licenses and certifies real estate appraisers in Texas for federally related transactions. TALCB is separate from TREC, though both are administratively attached to each other. Appraisers must comply with USPAP and TALCB requirements.
Related Texas Property Valuation Questions
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