Evaluating a Report for USPAP Compliance

4.25 Average Rating

5 stars
(22)
4 stars
(26)
3 stars
(8)
2 stars
(0)
1 stars
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Evaluating a Report for USPAP Compliance has earned an average of 4.25 out of 5 stars from 56 ratings.
$189.00

This course was written and produced by The Appraisal Foundation and is being presented through a partnership with McKissock.

Upon completion of this seminar, the professional should be able to:

  • Understand how the Standards Rules of USPAP relate to the various steps in the appraisal process;
  • Understand the COMPETENCY RULE and how it is applied in selecting a qualified appraiser for a specific assignment;
  • Explain the role USPAP plays in protecting the public interest; Understand the role the lender plays in ensuring appraisers are provided with adequate and accurate data to complete an assignment credibly;
  • Know the importance of accurately identifying the Intended Use and Intended User(s) of an appraisal assignment;
  • Understand the relevance of appropriate report dates and the potential problems that can arise if edits are made subsequent to assignment completion;
  • Recognize the importance of utilizing reviewers who meet the requirements of the COMPETENCY RULE, particularly in complex assignments;
  • Differentiate between the terms “summarize” and “state” as they relate to Standards Rules 2-2(a) and 2-2(b);
  • Understand the difference between a review and an Appraisal Review; and
  • Recognize the information in an Appraisal Report or a Restricted Appraisal Report needed to comply with STANDARD 2.

Chapter list:

1. Chapter 1: Seminar Introduction and Objectives
2. Chapter 2: The USPAP Publication
3. Chapter 3: Key USPAP Definitions
4. Chapter 4: Rules
5. Chapter 5: STANDARDS 1 and 2
6. Chapter 6: STANDARDS 3 and 4
7. Chapter 7: USPAP Advisory Opinions

Banking Suite Professional Development Course Ratings and Reviews

McKissock is rated 4.3 out of 5 by 148.
Rated 5 out of 5 by from I truly enjoyed this course. The course was very informative and helpful with the daily duties of my job.
Date published: 2016-03-13
Rated 5 out of 5 by from I truly enjoyed this course. The course was very informative and helpful with the daily duties of my job.
Date published: 2016-03-13
Rated 5 out of 5 by from Very good training material, well organized and well communicated. It is especially helpful to someone who may not be involved in the appraisal function on a day-to-day basis.
Date published: 2015-09-30
Rated 5 out of 5 by from As a credit manager and not appraiser, this appraisal review course was very helpful to "demystify" USPAP for me and I've gained better understanding of concepts and terms used in appraisals.
Date published: 2015-09-04
Rated 4 out of 5 by from It was very informative. I gained knowledge of some material I wasn't certain of and some that was new to me. It also re-covered a few topics that I am familiar with.
Date published: 2018-02-05
Rated 4 out of 5 by from The class was informative and concise. Good value.
Date published: 2018-01-19
Rated 4 out of 5 by from This course is very useful to non-appraisers & lenders in helping them to understand the requirements for appraisal reports.
Date published: 2018-01-09
Rated 4 out of 5 by from McKissock does a great job at condensing the USPAP course so you get the most of it in a shorter period of time!
Date published: 2017-09-28
Rated 4 out of 5 by from Good amount of learnable knowledge in an interactive setting that allows for retention of the information.
Date published: 2017-09-21
Rated 4 out of 5 by from Informative, and great practical FAQ questions/answers
Date published: 2017-01-12
Rated 4 out of 5 by from The course linked together the definitions and the appraisal process so that I, as an underwriter, more fully understand where an appraiser is coming from and what the standard statements and scope of work comments mean in the report. The definitions were the key component of this course for me.
Date published: 2016-12-31
Rated 4 out of 5 by from Good review for understanding the appraisal process, rules and requirements
Date published: 2016-01-01
Rated 4 out of 5 by from Good review for understanding the appraisal process, rules and requirements
Date published: 2016-01-01
Rated 4 out of 5 by from Excellent course for those who have an "Level 1" understanding of real estate appraisal and USPAP. Well organized. The course brings together the related materials, particularly the Advisory Opinions and FAQs.
Date published: 2015-10-30
Rated 4 out of 5 by from Excellent course for those who have an "Level 1" understanding of real estate appraisal and USPAP. Well organized. The course brings together the related materials, particularly the Advisory Opinions and FAQs.
Date published: 2015-10-30
Rated 4 out of 5 by from Good material. However, some of the chapters contain a significant amount of material and I would not recommend breaking in the middle of a chapter. Additionally I recommend printing out the chapters as a way to refresh all of the information before taking the chapter quizzes.
Date published: 2015-09-28
Rated 3 out of 5 by from This course spends a great deal of time on elementary parts of USPAP. If you are experienced with USPAP ( i.e. an instructor), you may find little new in the course.
Date published: 2017-11-22
Rated 3 out of 5 by from I think this course Evaluating a Report for USPAP Compliance hit the highlights of the subject, while providing plenty of detail as well. The web site features worked well, and I appreciate that the web site allows re-review of any of the material withing the course, from the first chapter to the last, as well as allowing user to re-visit the quizzes.
Date published: 2016-03-08
Rated 3 out of 5 by from I think this course Evaluating a Report for USPAP Compliance hit the highlights of the subject, while providing plenty of detail as well. The web site features worked well, and I appreciate that the web site allows re-review of any of the material withing the course, from the first chapter to the last, as well as allowing user to re-visit the quizzes.
Date published: 2016-03-08
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Is there a certification or some form of documentation that is given upon completion of this course? As an employer I am looking to have contractors take this class and provide confirmation of successful completion.

Asked by: Kris 1975
Once the course is completed, you will have access to print a certificate from the completed course tab of the website.
Answered by: McKissock
Date published: 2018-08-06
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