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?