{"ok":true,"canonical_url":"https://dealroom.so/glossary/state-licensed-or-certified-appraiser","api_url":"https://dealroom.so/api/public/glossary/state-licensed-or-certified-appraiser","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"state-licensed-or-certified-appraiser","term":"State-licensed or certified appraiser","aka":"Appraiser","group":"People and paperwork","definition":"This is a professional qualified to perform business valuations or real estate appraisals according to state and federal standards. Lenders rely on their independent assessment of value.","what_it_means":"For certain deal sizes or if real estate is involved, the SBA requires an appraisal from one of these professionals. They provide an objective valuation of the business or collateral. You'll likely pay for this report, so understand its purpose and how it impacts the loan-to-value.","url":"https://dealroom.so/glossary/state-licensed-or-certified-appraiser","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"appraisal-report","term":"Appraisal report","url":"https://dealroom.so/glossary/appraisal-report"},{"slug":"business-valuation","term":"Business valuation","url":"https://dealroom.so/glossary/business-valuation"},{"slug":"fair-market-value","term":"Fair market value","url":"https://dealroom.so/glossary/fair-market-value"}],"related_questions":[{"question":"Will outstanding state or local tax liens on the business affect SBA 7(a) loan eligibility?","url":"https://dealroom.so/sba-7a/questions/will-outstanding-state-or-local-tax-liens-on-the-business-affect-sba-7-a-loan-eligibility"},{"question":"What if the business I'm acquiring currently owes money to the IRS or state tax authorities?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-acquiring-currently-owes-money-to-the-irs-or-state-tax-authoritie"},{"question":"What is the lender's responsibility for validating the business purpose and use of proceeds certified on SBA Form 1919?","url":"https://dealroom.so/for-lenders/questions/what-is-the-lender-s-responsibility-for-validating-the-business-purpose-and-use-of-proceed"},{"question":"Does my business need to be located in a specific U.S. state or territory to get an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/does-my-business-need-to-be-located-in-a-specific-u-s-state-or-territory-to-get-an-sba-7-a"},{"question":"Can an SBA 7(a) loan be used to purchase a business located in a different state?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-be-used-to-purchase-a-business-located-in-a-different-state"},{"question":"Is it possible to use an SBA 7(a) loan to acquire a business in a different state?","url":"https://dealroom.so/sba-loans/basics/is-it-possible-to-use-an-sba-7-a-loan-to-acquire-a-business-in-a-different-state"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — State-licensed or certified appraiser","url":"https://dealroom.so/glossary/state-licensed-or-certified-appraiser","source_type":"DealRoom Data"}}