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Limiting Appraiser Liability
State legislation is necessary to establish a statutory limitation on the time in which civil and administrative actions against real estate appraisers can be filed following the date the appraisal was performed.
The Appraisal Institute Practical Applications of Real Estate Appraisal (AI PAREA) program is a standardized and convenient approach to gaining the experience you need to become a real estate appraiser.
AI PAREA—the Appraisal Institute Practical Applications of Real Estate Appraisal program—is a standardized and convenient approach to gaining the experience you need to achieve the licensed residential (LR) appraisal credential.