The "Uniform Standards of Professional Appraisal Practice" is a code of ethics that appraisers must follow.


These are questions that the above text answers:

1. What is the "Uniform Standards of Professional Appraisal Practice"?
2. Who is required to adhere to the "Uniform Standards of Professional Appraisal Practice"?
3. What is the purpose of the "Uniform Standards of Professional Appraisal Practice"?
4. Are appraisers legally obligated to follow the "Uniform Standards of Professional Appraisal Practice"?
5. What are the consequences for appraisers who do not adhere to the "Uniform Standards of Professional Appraisal Practice"?
6. Is the "Uniform Standards of Professional Appraisal Practice" a set of guidelines or a code of ethics?
7. Are there any exceptions or exemptions to the requirement of following the "Uniform Standards of Professional Appraisal Practice"?
8. How does the "Uniform Standards of Professional Appraisal Practice" impact the real estate industry?
9. Is there a governing body or organization responsible for overseeing the implementation of the "Uniform Standards of Professional Appraisal Practice"?

Only people who have been "licensed" or "certified" by the California Bureau of Real Estate Appraisers (CalBREA) can create an appraisal report. So, in order to do an appraisal, the broker must get the necessary license from CalBREA.


These are questions that the above text answers:

1. Who can create an appraisal report in California?
2. What is the requirement for creating an appraisal report in California?
3. What is the role of the California Bureau of Real Estate Appraisers (CalBREA) in the appraisal process?
4. What is the significance of being licensed or certified by CalBREA in relation to creating an appraisal report?
5. What agency is responsible for regulating real estate appraisers in California?
6. What is the process for becoming licensed as an appraiser in California?
7. Can a broker create an appraisal report without a license from CalBREA?
8. What are the qualifications needed to become an appraiser in California?
9. Are there any restrictions on who can create an appraisal report in California?
10. What is the role of licensing in the real estate appraisal industry in California?

Appraising residential properties valued at more than $1 million requires a special license. This license can be either a "certified residential" or a "certified general" license.


These are questions that the above text answers:

1. What are the two types of licenses required for appraising residential properties valued at more than $1 million?
2. What is the minimum value threshold for residential properties that require a special license for appraisal?
3. What are the specific types of properties that require a special license for appraisal?
4. What is the difference between a "certified residential" and a "certified general" license?
5. Are there any other licenses required for appraising residential properties valued at more than $1 million?
7. Are there any additional requirements or regulations for obtaining a special license for appraising residential properties valued at more than $1 million?
8. Are there any limitations or restrictions on the types of residential properties that can be appraised with a special license?
9. Are there any specific qualifications or criteria that need to be met in order to obtain a special license for appraising residential properties valued at more than $1 million?
10. Are there any consequences or penalties for appraising residential properties valued at more than $1 million without the required special license?