Managing Appraiser Liability has earned an average of 4.60 out of 5 stars from 1427 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.