Virtual Classroom-Live/Interactive Participation Guidelines: Students must have computer, webcam & microphone capability to participate & receive continuing education credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone please download the ZOOM app prior to offering. Please check your webcam privacy settings on your computer. If you have a Lenovo laptop, you must have the Lenovo Vantage App installed on your computer for webcam to work. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar and allow Virtual education in place of classroom education during the pandemic. Contact the chapter with questions regarding participation guidelines: lisamayweiss@hotmail.com
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 objectives of
the seminar are to educate appraisers about:
·
The most common sources and causes of professional negligence
lawsuits against appraisers in connection with non-lending appraisal
assignments.
·
The unique liability risks imposed by certain non-lending work.
·
What appraisers can do to minimize liability risk for non-lending
work (the emphasis is on better and clearer disclosure and using appropriate
provisions in reports and engagement letters).
·
How to deal with common liability threat situations.
·
The role of professional liability insurance.
PRESENTER: PETER CHRISTENSEN (Christensen Law Firm) www.valuationlegal.com
Mr. Christensen is the author
of Risk Management for Real Estate Appraisers and Appraisal Firms
published by the Appraisal Institute.
With respect to real estate valuation, his law practice experiences
include:
·
Handling
of liability threats, claims and litigation against appraisers, appraisal firms
& AMCs.
·
Defense
of state disciplinary complaints against appraisers and AMCs.
·
Providing
legal counsel and risk management to appraisers, appraisal firms and AMCs in
connection with professional liability, engagement agreements, vendor
management, indemnification and employment matters.
He was previously General Counsel and Shareholder for LIA
Administrators & Insurance Services. Mr. Christensen is a member of the
California State Bar and Washington State Bar.