Six Recent Appraiser Lawsuits and the Lessons from Each

Date: April 30, 2021

Location: Zoom Virtual Classroom, GA


Sponsor:
Atlanta Area Chapter
Contact:
Ms. Suzanne S. Brockway
Phone:
770-803-0024
Email:
sbrockway@aiatlanta.org
Website:
http://www.aiatlanta.org/
Name:
Virtual Classroom
Address:
Zoom
Zoom Virtual Classroom, GA 00000
Speakers:
Christensen, Peter
Notes:
This class will be held via Live Zoom Virtual Classroom. Students are required to have the following technology and equipment to participate in the program: reliable internet connection, computer (or tablet), web camera, audio, and microphone, Zoom application on computer or tablet. Go to zoom.us for new user tutorials and articles.

AI Price: $50.00
Full Price: $50.00

Notes

This 3-hour live webinar is co-sponsored by the Atlanta Area and South Carolina Chapters.


Register by 4/23/21! The tuition fee is increased to $75 for registration after April 23, 2021. 


About the Seminar 

BROUGHT TO YOU JOINTLY THROUGH THE ATLANTA AREA AND SOUTH CAROLINA CHAPTERS OF THE AI

“This presentation is sponsored by LIA Administrators & Insurance Services.  Appraisers who are insured with LIA for E&O qualify for a premium discount by completing the class.”


Six Recent Appraiser Lawsuits and The Lessons from Each discusses the interesting facts and legal issues in six recent lawsuits filed against real estate appraisers and draws the key takeaways from each case. The cases discussed address such matters as: 


The appraiser accused by the borrower of making a 15% error in square footage – will the appraiser be liable to the borrower? (In other words, can a borrower bring a legal claim for negligence against an appraiser even though the appraiser’s client under USPAP is the lender?)


  • What are the most common alleged errors that lead to professional negligence and other legal claims against appraisers?
  • Current trends in recent appraiser professional liability lawsuits.
  • An appraiser is sued 6 years after delivery of the appraisal report. Will the statute of limitations get the claim dismissed?
  • Appraisers being accused of discrimination and violations of the Fair Housing Act – what happens in a HUD investigation?
  • What are the main reasons that appraisers are sued in relation to the Covid-19 pandemic?


In considering the six cases, appraisers learn about the key issues that cause legal problems and the best risk management measures that can be taken. At the end of the seminar, as time allows, additional current legal issues affecting appraisers are discussed during a Q&A period. This discussion may include as examples: (1) “will an LLC protect you from personal liability?”, or (2) “can an appraiser successfully sue a review appraiser for negligence over a ‘bad review?’”

Cancellation Policy

If a student wishes to cancel enrollment, a cancellation notice must be submitted in writing via email stating the reason for the cancellation and his/her AI account # to sbrockway@aiatlanta.org.

Enrollment Cancellation Fees:

  • Up to 15 days prior to the program start date, $5 cancel fee
  • 2-14 days prior to the program start date, $10 cancel fee
  • Less than 2 days prior to the program start date, no refund will be provided

Additional Information

CONTINUING EDUCATION:

The Appraisal Institute has approved this seminar for 15 AI points.  The GA & SC Real Estate Appraisers Boards have approved 3 hours continuing education credit.  100% attendance is required for credit and will be monitored throughout the live virtual seminar. 

 

Important:   Please note that not all states have approved Virtual education; therefore, registrants MUST CHECK their individual states for approval BEFORE registering for the Program. Before registering for the Program, registrants understand and agree that continuing education credit for this program MAY NOT be available in their state on the date of the Program. The Appraisal Institute is not responsible if credit is not available for the Program in individual states. Please note: State exceptions for virtual education may expire PRIOR to the offering date.


REQUIRED EQUIPMENT & TECHNOLOGY:

  • basic free Zoom Application software (https://zoom.us/pricing)
  • reliable internet connection
  • computer, iPad, or tablet
  • web camera (built into laptop computer or external attachment)
  • audio with speaker and microphone capability (built into your computer, headphone, or earbuds)
  • While cell phones may be used as a secondary device, they are NOT recommended in place of a computer.


New to ZOOM?

If you are new to ZOOM or need a little refresher, please take their FREE tutorial https://support.zoom.us/hc/en-us/articles/201362193-Joining-a-Meeting  


Virtual Classroom-Live/Interactive Participation Requirements: 

  • Students must have a reliable internet connection, computer (or tablet), web camera, audio (speaker and microphone) capability to participate and receive continuing education credit.  
  • Your webcam must be on at all times with you in front of it.  Check your webcam privacy settings and allow the Zoom software to access it. If you have a Lenovo laptop, some participants have noticed that they need to install the Lenovo Vantage App on their computers for the webcam to operate. 
  • Attire - full proper clothing is required throughout the entire program.
  • A paid Zoom account is not required to participate; however, you should sign up for the free basic Zoom account/ application (zoom.us) and install the app prior to the seminar start date, for better connectivity.
  • The Zoom platform will be interactive and live. The instructor must be able to see and interact with all students and students must be able see and interact with the instructor.
  • Students must be in a location that allows for their full attention and interaction. Think of it as if you are in the actual in person classroom.
  • A copy of your driver's license must be emailed to the Chapter office as verification of your identity immediately after you have registered for the seminar and prior to the start date. 
  • Students will receive a separate email from Suzanne Brockway, 24 hours before class, with Zoom login information. 
  • Contact the chapter office if you have any questions regarding the participation guidelines, at sbrockway@aiatlanta.org.


SCHEDULE (Eastern Daylight Time):

Friday, April 30, 2021

  • 8:30 a.m. - 9:00 a.m. Check In
  • 9:00 a.m. – 12:00 p.m. Class Presentation


ATTENDANCE POLICY:

  • To receive AI and State credit, 100% attendance is required for all Appraisal Institute education programs.
  • Attendance will be monitored throughout the day, via webcam and chat roll call.
  • Students are required to be visible on the virtual platform during the entirety of the seminar.
  • The instructor may direct questions to students throughout the class session.

 

Important: Please have your photo ID ready at the start of class. To expedite check-in, we will view all attendees’ IDs at the same time and take a screenshot. We recommend covering all information on your ID except your full name and photo.  (Try tape, a sticky note, or your finger to cover.)

Disclaimer Information

Registration is on a first-come, first-served basis. If the program is filled, e-mail sbrockway@aiatlanta.org to be placed on a waiting list.   If you have a disability and require accommodation, please notify the Atlanta Area Chapter office at least two weeks in advance.  We will arrange for reasonable accommodation.

National Disclaimer

This Educational Program was developed by an outside party. The Appraisal Institute Chapter made arrangements for the Third-Party to offer the Program with the intent of addressing topic(s) based on a certain chapter or local need for such topic, solely educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program and does not endorse the Program or its content.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The Appraisal Institute does not publish examination review materials. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.