Managing Appraiser Liability

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Managing Appraiser Liability has earned an average of 4.60 out of 5 stars from 1337 ratings.

In our litigious society, appraisers are increasingly vulnerable to many kinds of liability. Liability cannot be eliminated entirely, but it can be managed.  Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license. This seminar examines practical ways appraisers can protect themselves in their everyday practice, pointing out common malpractice issues and investigating available remedies. Among other topics, the course will discuss legal definitions and categories of penalties, third-party liability, competency, environmental issues, real estate and mortgage fraud, identity theft, supervising appraisal trainees, and how appraisers can best manage their liability.  

NOTE: This course has been updated for the current edition of USPAP.   

Chapter list:

1. Chapter 1: Introduction and Basics of Liability
2. Chapter 2: General and Third Party Liability
3. Chapter 3: Fraud and How it Affects Appraisers
4. Chapter 4: Environmental Issues
5. Chapter 5: Liability Pitfalls and How to Avoid Them
6. Final Exam

Appraisal Continuing Education Course Ratings and Reviews

McKissock is rated 4.6 out of 5 by 5584.
Rated 4 out of 5 by from Good course. Offers a good overview of liability in the appraisal profession.
Date published: 2021-01-26
Date published: 2021-01-10
Rated 5 out of 5 by from The materials offered good insight into appraiser's liability and ways to protect yourself.
Date published: 2021-01-09
Rated 5 out of 5 by from Again well organized and easy to understand and navigate.
Date published: 2021-01-08
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Are there time constraints or can you work at your own pace? Are the the tests on line or do you need to go to a proctor

Asked by: dean
You have six months to complete each course. Within those months, you can work at your own pace. All of our exams are online and it depends on the state whether or not you will need a proctor.
Answered by: McKissock
Date published: 2019-03-25
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