Legal Issues for Non-Lending and Litigation Appraisal Assignments

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Notes

Virtual Continuing Education:  3-Hours.  Please note this seminar is only approved for Florida and Appraisal Institute continuing education credit.

View additional offerings sponsored by the South Florida Chapter

Seminar Description: Most discussion of appraiser liability focuses on lawsuits and claims relating to appraisals performed for mortgage lending.  However, appraisal assignments for litigation and other non-lending purposes actually present a greater liability risk to the appraiser on a per assignment basis.  This seminar addresses the specific liability risks and additional key legal issues associated with appraisals for litigation, divorce, estate, tax, conservation easements and other non-lending purposes.  It also addresses liability considerations for review appraisers. Actual lawsuits against appraisers form the foundation of the seminar.

These are the kinds of questions that appraisers get answered in this seminar: Who sues appraisers serving as expert witnesses? Who sues appraisers performing appraisals for tax purposes?  What’s the surest way for an appraiser to be sued for non-lending work?  What’s the likelihood of being sued about a retrospective review appraisal?  How does potential liability for a retrospective review compare with potential liability for a contemporaneous review?  What are the statutes of limitation for claims?  What special provisions should I consider putting in an engagement letter for different types of non-lending assignments? The instructor for the course is Peter Christensen, Christensen Law Firm, www.valuationlegal.com. 

Cancellation Policy

State CE Credit:  This is a virtual class and is only approved for Florida Real Estate Appraisal Board continuing education credit.  For other states, you should determine current education approval and requirements.

Continuing Education Credit:

Appraisal Institute: 15 points

Florida Real Estate Appraisal Board: 3-Hours, 0010238

Attendance Requirements:

• Attendance will be monitored throughout the day.
• Students are required to hold up photo ID at roll call, if requested.
• Students are required to be visible on the virtual platform during the entire class – 100% attendance policy applies.
• Instructors will direct questions to each student.  

Additional Information

Seminar Description: Most discussion of appraiser liability focuses on lawsuits and claims relating to appraisals performed for mortgage lending.  However, appraisal assignments for litigation and other non-lending purposes actually present a greater liability risk to the appraiser on a per assignment basis.  This seminar addresses the specific liability risks and additional key legal issues associated with appraisals for litigation, divorce, estate, tax, conservation easements and other non-lending purposes.  It also addresses liability considerations for review appraisers. Actual lawsuits against appraisers form the foundation of the seminar.

These are the kinds of questions that appraisers get answered in this seminar: Who sues appraisers serving as expert witnesses? Who sues appraisers performing appraisals for tax purposes?  What’s the surest way for an appraiser to be sued for non-lending work?  What’s the likelihood of being sued about a retrospective review appraisal?  How does potential liability for a retrospective review compare with potential liability for a contemporaneous review?  What are the statutes of limitation for claims?  What special provisions should I consider putting in an engagement letter for different types of non-lending assignments?

The instructor for the course is Peter Christensen, Christensen Law Firm, www.valuationlegal.com.  

Class Schedule:

Login and Roll Call:  12:30 – 1:00 pm

Class Instruction:  1:00 – 4:00 pm

Disclaimer Information

Please note:  This class will be held by virtual interactive classroom technology.  Students are required to have a computer, webcam and microphone.  It is the student’s responsibility to have the required equipment to participate and receive continuing education credit.

Virtual Classroom Guidelines:

• Students must have a computer, webcam and microphone capabilities to participate and receive continuing education credit.
• The instructor must be able to physically see and interact with all students and students must be able to interact with the instructor.
• A copy of your driver’s license must be emailed to the Chapter Office as verification after you have registered and prior to the start date.
• You will receive a separate email from the chapter office with log-in access information.  Please contact the chapter office if you have any questions regarding the participation guidelines at sfchapterai.email@gmail.com
• Class materials will be emailed to you prior to the class.

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

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 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.