Which of these roles must adhere to the MN statutes when performing appraisals?

The role that must adhere to the Minnesota statutes when performing appraisals is real estate appraisers. This is because appraisers are specifically regulated under state law and must comply with the Uniform Standards of Professional Appraisal Practice (USPAP) as well as any specific state regulations governing the appraisal process. Their work involves providing unbiased estimates of property value, which is crucial for various transactions, including sales and financing.

Real estate appraisers undergo rigorous training and licensing processes to ensure they understand the legal and ethical aspects of valuing properties. They must also keep their education current and follow established guidelines to maintain their licenses. In contrast, while real estate salespersons, lawyers, and agents play important roles in the real estate industry, they are not directly involved in the appraisal process as defined by Minnesota statutes and do not carry the same legal obligations regarding property valuation. This highlights the specialized nature of appraisers within the real estate profession, making their adherence to statutory requirements essential for ensuring accurate and reliable property assessments.