Authorization to Appraise Certain Types of Real Estate — Licensed Appraiser — Certified Residential Appraiser — Certified General Appraiser

1. Law
2. Tennessee Code
3. Professions, Businesses and Trades
4. State Licensing and Certified Real Estate Appraisers Law
5. Licensing, Certification and Examination
6. Authorization to Appraise Certain Types of Real Estate — Licensed Appraiser — Certified Residential Appraiser — Certified General Appraiser

1. A state licensed appraiser may perform appraisals of the following properties:
   1. All properties with a transaction value of up to two hundred fifty thousand dollars ($250,000);
   2. Noncomplex residential properties with a transaction value up to, but not including, one million dollars ($1,000,000); and
   3. Agricultural properties, including agricultural properties with up to two (2) dwelling units, with a value up to, but not including, one million dollars ($1,000,000).
2. A state certified residential appraiser shall be authorized to appraise all properties that a state licensed appraiser may appraise and also all residential real property consisting of one (1) to four (4) units.
3. A state certified general appraiser shall have no transaction value limits on the appraiser's appraisal practice.
4. Nothing contained within the language of this section shall be construed to authorize a state licensed appraiser to appraise property that federal agencies require to be appraised by a state certified appraiser.

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