Types of Appraiser Classifications
Georgia issues the following appraiser classifications:
State Registered Real Property Appraiser
A registered appraiser may perform appraisals on any type of property except when the purpose of the appraisal is for use in a federally related financial transaction.
If you have never held a classification, you will begin as a State Registered Real Property Appraiser. You may then become a licensed or certified appraiser.
State Licensed Real Property Appraiser
A licensed appraiser may perform any appraisal that is not to be used in a federally related financial transaction and may perform appraisals for use in a federally related financial transaction in the following categories:
- Non-complex one to four unit residential properties where the value of the financial transaction does not exceed $1,000,000.00 and
- Any type of property where the transaction value is less than $250,000.00.
In federally related transactions licensed appraisers may not appraise real estate where a development analysis/appraisal is necessary and utilized.
State Certified Residential Real Property Appraiser
A certified residential appraiser may perform any appraisal that is not to be used in a federally related financial transaction and may perform appraisals for use in a federally related financial transaction in the following categories:
- One to four residential units without regard to transaction value or complexity and
- Any type of property where the transaction value is less than $250,000.00.
State Certified General Real Property Appraiser
A certified general appraiser may appraise any type of property for any purpose.
You can download the
Summary of Permitted Appraisal Activity in Adobe PDF format.