Evaluations and Validations for Appraisers - A Scope of Work Issue

Date: June 17, 2020

Location: Orlando, FL


Sponsor:
East Florida Chapter
Contact:
Ms. Dowling
Phone:
(813)545-1382
Email:
lauren@eflai.org
Website:
http://www.eflai.org/
Name:
Orange County Bar Association
Address:
880 North Orange Ave
Orlando, FL 32801
Phone:
407-422-4551 (233)
Speakers:
Mann, George

     

Notes

This thought-provoking seminar explores how licensed appraisers can perform Evaluations that do not comply with the Uniform Standards of Professional Appraisal Practice (USPAP). Evaluations and Validations are products outlined in the Interagency Appraisal and Evaluation Guidelines (IAEG – December 2010). The seminar reviews the history of Evaluations and explains the reason financial institutions use this product. Also, it will take the attendees item-by-item through Evaluation requirements and the end result will be an example of an Evaluation Report. Validations are a little-known product that is starting to gain momentum. Since many states require licensed appraisers to comply with USPAP even for Evaluations, the seminar will discuss how such appraisers can prepare Restricted Appraisal Reports (RARs) efficiently and effectively.

Additional Information

Orange County Bar Association, 880 North Orange Ave, Orlando

Limited parking is available behind the building.

8:15 Registration 8:30 Seminar Starts (Lunch on your own) 

Seminar materials will be emailed to you prior to class. Please download materials to your laptop or tablet or print. Hard copies will not be available

Course Description This thought-provoking seminar explores how licensed appraisers can perform evaluations and validations that do not comply with the Uniform Standards of Professional Practice (USPAP). Evaluations and validations are products outlined in the Interagency Appraisal and Evaluation Guidelines (IAEG – December 2010). The seminar reviews the history of evaluations and explains the reason financial institutions use this product. Also, it will take the attendees item-by-item through evaluation requirements and the end result will be an example of an evaluation report. Validations are a little known product that is starting to gain momentum. Since many states require licensed appraisers to comply with USPAP even for evaluations, the seminar will discuss how such appraisers can prepare Restricted Appraisal Reports efficiently and effectively.

Disclaimer Information

Disclaimer Information This Educational Program (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 for 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. State CE Credit: This class is only approved for Florida Real Estate Appraisal Board continuing education credit. For other states, you should determine current education approval and requirements. Attendance: 100% attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualifications Board minimum criteria requirements. A “classroom hour” is defined as 50 minutes out of each 60-minute segment. A 10-minute break per hour is allowed and a student would still meet the 100% attendance requirement. Students should not be late or leave if they are late or leave early, they will not receive credit. Enrollment is on a first come, first serve basis. ADA Policy: If you have a disability and may require special accommodation, please notify us in writing at least two (2) weeks in advance and we will arrange for reasonable accommodation. Other Information: We reserve the right to cancel, limit, or reschedule the course and to change faculty assignments and locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. Cancellation Policy • Up To 15 days prior to program start date, $20.00 cancellation fee • 7 - 14 days prior to program start date, $40.00 cancellation fee • Less than 7 days prior to program start date, forfeit of payment Cancellations/Refunds: Requests for cancellations must be received in writing at the chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Direct your email requests to: wcoastfl@tampabay.rr.com. Continuing Education Credit: Appraisal Institute: 35 points Florida Real Estate Appraisal Board Credit: 7-Hours Pending

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.