2020-2021 15-Hour Equivalent USPAP Course

Description

The Appraisal Institute 2020-2021 15-Hour Equivalent USPAP Course (effective January 1, 2020 through December 31, 2023) covers the fundamentals of ethical behavior and competent performance expected of professional appraisers. Designed to comply with requirements for state licensed/certified appraisers, the course highlights the role of the appraiser and the impartiality necessary while acting in that role. Participants will learn how the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP) affect their assignments within the appraisal profession.

As you proceed through the course, you will discover that impartiality is an integral part of what defines an appraiser. The course emphasizes the appraiser’s role and how impartiality is associated with that role under various assignments—the very types of assignments appraisers perform in everyday practice. The course emphasizes the practical application of USPAP—and that will be evident in every module.

This course is an introduction to USPAP, and therefore many in the class will focus on assignments that involve real property appraisal or appraisal review. However, USPAP extends to assignments involving personal property and business or intangible assets. A clear understanding of USPAP fosters both ethical behavior and competent practice in all appraisal disciplines.
 
The course consists of 11 modules, and follows the required topical content established by the Appraiser Qualifications Board (AQB) of The Appraisal Foundation (TAF). Quizzes are presented at specific points within each module to test your mastery of USPAP concepts. The course also features a video clip case study application in nearly all 11 modules.

Note. State licensed and certified course participants who wish to complete the 15-hour National USPAP Course (effective January 1, 2020 through December 31, 2023) can do so, but it will only count for state CE (elective) credit and will not meet the national USPAP requirement for state licensing retention. Course participants who are required to complete the 15-hour National USPAP Course due to current trainee licensing rules and regulations, will receive the QE credit for their successful completion of this pre-qualification course.
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State Approvals
 
Appraisal Institute On Demand Online  Check Register

Program State Approval & Hours

Some AI educational programs may not be approved in every state and every delivery format. To see a list of all state approvals across all formats for this course, please use the link below.

View all approvals for this course

Who should Enroll

General and residential real property appraisers
 
Please note that this course, as per The Appraisal Foundation, is effective January 1, 2020 THROUGH DECEMBER 31, 2023. State approvals may vary and this course may not yet be approved in all states. Please check state approvals and hours for this course before registering. 

Objectives

  • Identify the purpose and structure of The Appraisal Foundation and the importance of maintaining public trust in appraisal services.
  • Recognize the design structure, key terms and concepts, and primary content sections of the 2020–2021 USPAP publication.
  • Recognize the role of the appraiser in performing valuation services, and the impartiality associated with this role.
  • Identify “real-world” scenarios that apply USPAP applications to situations that appraisers encounter in daily practice.

Prerequisites


Exam

Yes, 1 hours

Level

Basic

Appraisal Institute CE Points

Attend: 70 AI Points,  Attend and Pass Exam: 75 AI Points,  Pass Only: 0 AI Points

Class Time

15 hours

Assignments

No

Program Overview


Required and/or Recommended Equipment

None specified

System Requirements


Additional Information

The course price includes an electronic copy of the current USPAP (e-USPAP), which is available as a download once the class begins.

Exam
You will have 90 days from the time that you complete the course to take the proctored, offline exam. Testing center locations in your area can be found by clicking on this link: www.pearsonvue.com/ai.
Exam Frequently Asked Questions

 
Online Course Access
Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
1. Click "Education and Events" on the right navigation menu.
2. Find the course under the “Online Courses” heading and click the “Begin” button.
IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

Other Details
For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.

Book Recommendations

None specified.