Why does Connecticut law require all Appraisers to be Certified?
In Connecticut, appraisers are required by law to be certified in order to participate in a federally related transaction which is, for example, a mortgage being underwritten by a national bank. Appraisal Logic LLC is certified by the state of Connecticut to perform appraisals on single family and multi family residential properties. The CT State certification is evidence that the appraiser has performed a minimum 3000 documented hours as a provisional appraiser under the supervision of a Certified appraiser. The appraiser has completed a course curriculum of 180 credit hours and must have passed a preliminary State examination. The appraiser must complete 28 of hours of Continuing Education Training every two years. After all these criteria are met, the appraiser must then apply for and pass the Connecticut State Exam for Certified Residential Real Estate Appraiser. Prior to the Savings and Loan crisis of the 1980s, which gave rise to appraiser licensing, appraisers had to market thei
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