This is the 7-Hour National Uniform Standards of Professional Appraisal Practice (USPAP) Update Course, as developed by The Appraisal Foundation. The course focuses on changes to USPAP for 2018-19 and on appraisal issues that affect daily appraisal practice. It is unique in that the Course is developed by The Appraisal Foundation and is revised on a periodic basis to stay current with the latest edition of USPAP. In this course, The Appraisal Foundation intends to:
•Present and explain the new revisions to USPAP adopted in 2017 and effective from January 1, 2018 through December 31, 2019
•Present the current changes to USPAP in a variety of scenarios
•Present scenarios that challenge participants to interpret and apply USPAP to situations they encounter in their daily practice The course includes illustrations that show how USPAP applies in situations that appraisers encounter in everyday practice. These examples primarily address issues frequently experienced by appraisers as professionals in the appraisal of real property.
This course is designed to assist appraisers in all areas of appraisal practice seeking competency in USPAP, including those subject to state licensing and certification and continuing education requirements imposed by professional organizations, client groups, or employers.