Who provides the only jurisdiction and authority over appraisers?

The correct answer is that the states provide the only jurisdiction and authority over appraisers. Each state has the legal mandate to regulate the appraisal profession through licensing and certification processes. This means that state governments establish the laws and regulations that govern how appraisers must operate within their respective jurisdictions.

State regulatory agencies have the responsibility to enforce these laws, oversee appraiser qualifications, and ensure compliance with ethical standards and professional practices. This authority grants states control over determining the criteria for licensure, monitoring performance, and taking disciplinary action when necessary.

While federal agencies and boards, like the Appraisal Practices Board and the Appraisal Standards Board, play significant roles in setting standards and providing guidance for appraisals, they do not possess direct authority over the licensing, certification, or regulation of appraisers. Thus, the ultimate jurisdiction rests with the states.