Residential Appraisal Review and USPAP Compliance
135
This 7-Hour Residential Appraisal Review and Uniform Standards of Professional Appraisal Practice (USPAP) Compliance course has been developed by The Appraisal Foundation. The course focuses on appraisal review assignments and the effect USPAP has on these assignments, the reviewers, and the work of appraisers involved in the assignments. With the greater scrutiny that has been placed on appraisers and the appraisal reports they produce in the past several years and, the stricter regulations from all client levels, the demand for appraisal reviews has grown. Any appraiser who is completing assignments for lending institutions is having his or her work reviewed by various individuals who have checklists, and other requirements they are verifying in conjunction with the reports being produced. Some of these individuals are appraisers who are acting in the review capacity, while others are not appraisers. The appraisers whose work is under review may or may not be aware of either the review or the review results.
This course is designed to aid real property appraisers seeking a better understanding of USPAP in conjunction with producing appraisal reviews that are USPAP compliant, as well as providing additional guidance to those appraisers whose work is being reviewed. Ideally, the review process should raise the level of professionalism among appraisers, and encourage them to produce better appraisal reports.
In addition to this course student manual, the 2020-21 USPAP Publication (including the USPAP Advisory Opinions, USPAP Frequently Asked Questions, and Index) is the required text for use in this and all other USPAP-related courses. It is suggested that you use the printer icon at the bottom of each page in this course to print to PDF each chapter and save it to your computer for future reference. That way you will have a permanent copy of this student manual after the course is completed.
This course is designed to aid real property appraisers seeking a better understanding of USPAP in conjunction with producing appraisal reviews that are USPAP compliant, as well as providing additional guidance to those appraisers whose work is being reviewed. Ideally, the review process should raise the level of professionalism among appraisers, and encourage them to produce better appraisal reports.
In addition to this course student manual, the 2020-21 USPAP Publication (including the USPAP Advisory Opinions, USPAP Frequently Asked Questions, and Index) is the required text for use in this and all other USPAP-related courses. It is suggested that you use the printer icon at the bottom of each page in this course to print to PDF each chapter and save it to your computer for future reference. That way you will have a permanent copy of this student manual after the course is completed.