Which of the following is true regarding the status of an appraiser with a suspended certificate?

The statement that an appraiser with a suspended certificate may need to wait at least three years to qualify is grounded in the procedures that govern appraiser licensing and disciplinary actions. In many cases, when an appraiser's certificate is suspended, they may be subject to a waiting period before they can reapply for certification or have their certification reinstated. This waiting period often is related to the severity of the violation that led to the suspension and is designed to allow time for remediation of the appraiser's qualifications and practices.

In addition, a waiting period is intended to ensure that the appraiser has sufficient time to demonstrate that they have addressed any issues that caused the suspension. This helps to maintain the integrity of the appraisal profession and protects the public by ensuring that only qualified, ethical practitioners are allowed to operate.

While other options may touch upon aspects of an appraiser’s professional standing during a suspension, waiting periods are typically a structured part of the reinstatement process, hence making this option the most accurate in the context of the disciplinary standards for appraisers.