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.
Fifteen advanced case studies throughout the course illustrate the practical application of the discussed principles. In addition to the end-of-chapter quizzes and final exam, this course contains mini-quizzes that will test the knowledge of the material throughout each chapter. The mini-quizzes will help prepare you for both the end-of-chapter quiz and the cumulative final exam at the end of the course. There is a required one-hour proctored exam at the end that must be taken in a monitored setting.