This is the distance education version of the 15-hour National Uniform Standards of Professional Appraisal Practice (USPAP) Course of The Appraisal Foundation. The 15-Hour National USPAP Course focuses on the requirements for ethical behavior and competent performance by appraisers that are set forth in the Uniform Standards of Professional Appraisal Practice (USPAP). This course is unique in that it is developed by The Appraisal Foundation and is revised on a periodic basis to stay current with the latest edition of USPAP.
Each student will be provided a copy of the 2016-2017 USPAP publication (including Advisory Opinions and USPAP Frequently Asked Questions), which provides the framework for the course and is referred to throughout the course. The primary objective is that participants become familiar with the USPAP publication.
The course material emphasizes the role of the appraiser and the impartiality associated with this role. Special responsibilities of the appraiser with regard to impartiality are explored in detail.
The course makes utilizes readings, exercises, internet resources with student exploration of The Appraisal Foundation’s website, video interviews, case studies, and pre- and post-course testing. The goal is to present the material in multiple ways to ensure participant mastery of and fluency in the material.
The course includes real-life case study problems (“Discussion Examples”) that show how USPAP applies in situations that appraisers encounter in everyday practice. These examples address issues frequently experienced by appraisers as professionals in the appraisal of real property, personal property, and business or intangible assets, and in appraisal review.
This course is designed to aid appraisers seeking competency in USPAP, in all areas of appraisal practice including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.
USPAP has been endorsed and adopted by major appraisal organizations in the United States. As required by federal law, USPAP must be used by states in their real estate appraiser certification programs.
This course provides at least 15 hours (50 minutes per hour) of instruction in USPAP that allows for a one-hour exam period within the 15-hour time frame.
Designed to comply with the 2008 Real Property Appraiser Qualification Criteria established by the Appraiser Qualifications Board, this course is structured around four specialized areas of appraisal practice: complex property appraisal, market analysis, challenges in the sales comparison approach, and highest and best use analysis. Beginning with a thorough explanation of complex properties, the course goes on to review the COMPETENCY RULE and the SCOPE OF WORK RULE aspects of USPAP, as well as the valuation process and reporting process for complex properties. Several case studies are featured.
In addition to the end-of-chapter quizzes and final exam, this course contains mini-quizzes that test the knowledge of the material throughout each chapter. The course concludes with a one-hour exam that must be taken in a proctored classroom setting.Course is iPad compatible - Calculator Recommended
A 20-hour course designed to fulfill part of the Appraiser Qualifications Board’s Required Core Curriculum, this course focuses on four specialized appraisal topics: environmental issues, appraising 2-4 family residential properties, appraising manufactured homes and narrative report writing. From environmental concerns stemming from radon, mold, wetlands and brownfields to the proper reporting process for all types of properties, your instructor will review key elements of these unique areas of the appraisal profession. The course concludes with a two-hour exam that must be taken in a proctored setting. Course is iPad compatible - Calculator Recommended
As one of the foundational courses for the appraisal profession, Basic Appraisal Principles provides an in-depth look at real property concepts, characteristics and legal descriptions with particular focus on how those influence real estate values. Your instructor will detail the different types of values and the economic principles that affect the real estate market, as well as the methods used to analyze those markets and the ethical norms that guide appraisers through the valuation process. The course concludes with a three-hour proctored exam that must be taken in a monitored setting. Course is iPad compatible - Calculator Recommended
As one of the foundational courses for the appraisal profession, Basic Appraisal Procedures builds on the Basic Appraisal Principles course and introduces the steps for appraising all types of real property. Your instructor will review the three approaches to value, including: the Cost Approach, Sales Comparison Approach, and the Income Capitalization Approach. Each of these approaches are broken down and explored in the chapters with real-world examples. This course concludes with a three-hour proctored exam that must be taken in a monitored setting. Course is iPad compatible - Calculator Recommended
With material tailored to the commercial appraiser, this course provides the practicing real estate appraiser with the technical background necessary to perform an appraisal review assignment in compliance with the Uniform Standards of Professional Appraisal Practice. Although the focus is on the independent fee appraiser, the principles outlined are also applicable to the staff review appraiser who works for a lending institution. There is a required one and a half-hour proctored exam at the end that must be taken in a monitored setting. Course is iPad compatible - Calculator Recommended
If you were called to testify as an expert witness in a court case, would you know what to do? From the structure and mechanics of a civil trial to the rules of evidence and tips for cross-examination, this subject matter elective course will prepare you for the role you may have to take in a litigation support assignment. There is a required one-and-a-half-hour proctored exam at the end that must be taken in a monitored setting. Course is iPad compatible - Calculator Recommended
Designed to fulfill the qualifying educati