7-Hour National USPAP Update Course

Date: December 16, 2021

Location: Rockville, MD


Sponsor:
Washington DC Metropolitan Area Chapter
Contact:
Mr. Houstle
Phone:
(301)924-1020
Email:
phoustle@marinermanagement.com
Name:
MCEA Conference Center
Address:
12 Taft Court
Rockville, MD 20850
Contact:
Mary Neal
Phone:
301-294-6232
Instructors:
David C. Lennhoff, MAI, SRA, AI-GRS

Uniform Standards of Prof. Appraisal Practice
Class Time: 7 hours
Exam Hours: N/A


AI Price: $175.00
Full Price: $205.00

Notes

The 7-Hour Equivalent USPAP Update Course focuses on recent changes to USPAP requirements for ethical behavior and competent performance undertaken by appraisers. The course emphasizes the application of USPAP in everyday practice, which will help clarify commonly misunderstood aspects of USPAP. Appraisers in all areas of appraisal practice, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers, will greatly benefit from the content presented in the course.

The course details the changes to USPAP for 2020–2021. Module 1 begins by addressing why and how USPAP is changed to gain an understanding of where the changes originate. Exposure Drafts play an important role in the changes and provide the rationale behind the edits and modifications to USPAP. Module 2 addresses the changes in DEFINITIONS for the 2020-2021 USPAP while Module 3 focuses on edits made to the RULES and STANDARDS. Module 4 examines changes to the Advisory Opinions. Module 5 concludes the course by exploring ongoing issues to address areas of common deficiency and topics of concern identified by regulators and USPAP instructors.

The Appraisal Foundation has placed an emphasis on illustrating USPAP application in real-world examples. This course fulfills this requirement with practical examples, pre- and post-course diagnostic quizzes, problem-solving exercises, and multimedia "Back to Basics" case studies.

Click here to view details regarding the Appraisal Foundation Extension of 2020-21 USPAP (now extended to 12/31/22).

Objectives

  • Present and explain the new revisions to USPAP adopted in 2019 and effective from January 1, 2020, through December 31, 2021 (now extended to December 31, 2022).
  • Present the current changes to USPAP in a variety of scenarios for class discussion.
  • Present scenarios that challenge participants to interpret and apply USPAP to situations they encounter in their daily practice.

Experiences

Course Materials Include:

  • Course Handbook (104 pp.)

Unless otherwise noted, the course price does not include a copy of the current USPAP edition, which is required for course credit. When the chapter does not include, participants must bring their own copy of the USPAP edition to class.

To purchase a print or electronic copy of the publication, please visit The Appraisal Foundation.

Cancellation Policy

$25 fee for cancellation after 12/10.

No refunds after 12/16.

Additional Information

Registration opens at 8:30am.

Class runs from 9:00am - 5:00pm with a one hour break for lunch (on your own).

NOTE: Each student must bring their own copy of the USPAP document.

National Disclaimer

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.