What happens when an appraiser violates appraisal regulations?

When an appraiser violates appraisal regulations, one potential consequence is the revocation of their license. This action serves as a severe disciplinary measure to ensure that appraisers adhere to the standards set forth in the industry. The process generally involves an investigation into the alleged violations, which may include unethical practices, fraud, or repeated non-compliance with state regulations. If an appraiser is found to be in violation of these regulations, the relevant authority, often the state’s licensing board, can determine that the appraiser's actions warrant such a significant consequence as license revocation.

This measure protects consumers and upholds the integrity of the profession, ensuring that only those who comply with the necessary standards and laws can continue to operate. The threat of revocation encourages appraisers to maintain professionalism in their work.