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What term refers to a person who has met specific qualifications for estimating the value of residential property consisting of one to four units, regardless of value or complexity?

A. Commercial Appraiser
B. Mortgage Broker
C. Licensed Real Estate Appraiser
D. Residential Appraiser

1 Answer

6 votes

Final answer:

The term that refers to a person who has met specific qualifications for estimating the value of residential property consisting of one to four units, regardless of value or complexity, is Residential Appraiser.

Step-by-step explanation:

The correct term that refers to a person who has met specific qualifications for estimating the value of residential property consisting of one to four units, regardless of value or complexity, is Residential Appraiser. A residential appraiser is a professional who assesses the value of residential properties, such as houses and apartments. They conduct thorough inspections, consider relevant market data, and use specific methodologies to provide accurate property valuations.

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