Which entity oversees appraisals in Virginia?

The Virginia Department of Professional and Occupational Regulation is responsible for overseeing appraisals in Virginia. This agency regulates various professions, including real estate appraisal, ensuring that appraisers comply with state and federal laws, as well as maintaining professional standards.

The department also administers licensing examinations, renews licenses, and enforces disciplinary actions against licensees if necessary. By having a dedicated entity like this, Virginia ensures that property appraisals are conducted by qualified professionals who adhere to the required ethical and educational standards, which is crucial for maintaining trust in property valuations.

The other options do not have the specific authority to oversee appraisals in Virginia. The Virginia Department of Transportation primarily deals with transportation infrastructure and public safety on roadways. The Virginia Board of Real Estate usually focuses on the broader aspects of real estate regulations, but it does not specifically oversee appraisals. The Virginia Department of Professional Regulation is a general term that could refer to various regulatory aspects but does not directly administer appraisal oversight.