Final answer:
A state appraiser credential is issued by the appraisal board of each state, following the standards of the Appraiser Qualifications Board (AQB). The AQB sets the education, experience, and examination requirements, but doesn't directly issue licenses or certifications. Continuing education is also a requirement for appraisers to maintain their credential.
Step-by-step explanation:
State Appraiser Credential Issuance
In the United States, a state appraiser credential is issued by individual state agencies, which operate under the guidelines established by the Appraiser Qualifications Board (AQB). The AQB is part of the Appraisal Foundation, which is a professional organization that sets the minimum standards for education, experience, and examination for real estate appraisers. While the AQB outlines the minimum qualifications required to become an appraiser, it is the responsibility of each state to license and certify real estate appraisers.
A person seeking to become a licensed or certified appraiser must meet the educational requirements, pass the required examination, and complete the experience hours as mandated by the AQB. Once these criteria are met, the candidate applies to the state's appraisal board for the issuance of their credential. It is important to note that requirements can vary from state to state, and staying informed on the specific requirements of the state in which one intends to practice is essential.
Additionally, the AQB provides Continuing Education (CE) guidelines to ensure that appraisers maintain a high level of competency and professionalism throughout their careers. CE is a requirement for appraisers to renew their credentials periodically.