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15 Hour National USPAP Equivalent Course

    Online Education
 
  Course  
Category  Standards [SPP]  
Level  I  
Attendance Hours  14.0  
Exam Hours  1.0  
Current Price  $ 275.00 AI Price  
$ 325.00 Full Price  
 
  Instructor  
Thomas R. Kirby, MAI, SRA  
    
 
  Location  
Appraisal Institute - Online Education
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
  Appraisal Institute  
Email  OL-Help@appraisalinstitute.org  
Phone  (877) 674-2447  
 
  Description  

Please verify that this program is approved for credit in your state before registering.

Recommended Desktop Browsers: Firefox (version up to 18; version 19 is not supported), Internet Explorer (version up to 10; must be in compatibility mode when using 10), Safari (version up to 6), and Chrome (up to 13). Note. The course will not work in iPads, phones, and other mobile devices.

Other Software: Latest Adobe Flash player, available for free at http://get.adobe.com/flashplayer/

Overview
The Appraisal Institute's 2014-2015 15-Hour National USPAP Equivalent Course is approved as an online equivalent by The Appraisal Foundation and the International Distance Education Certification Center (IDECC). The course covers the 2014-2015 USPAP, copyrighted by The Appraisal Foundation, and meets all content requirements specified by the Appraisal Standards Board (ASB) and the Appraiser Qualifications Board (AQB).

Overall Learning Objectives
The module objectives are incorporated into the overall objectives for the Appraisal Institute’s 2014-2015 15-Hour Equivalent USPAP Course as identified below:

    • 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 2014-2015 USPAP document.
    • Recognize the role of the appraiser in performing valuation services and the impartiality associated with this role.
    • Identify “real-world” scenarios that apply USPAP to situations that appraisers encounter in daily practice.

Syllabus
Introduction
Pre-Course Quiz: Testing Your Current Knowledge of USPAP
Module 1: Introduction to USPAP
Module 2: USPAP Definitions
Module 3: PREAMBLE and When USPAP Applies
Module 4: ETHICS RULE and COMPETENCY RULE
Module 5: SCOPE OF WORK RULE
Module 6: JURISDICTIONAL EXCEPTION RULE
Module 7: STANDARD 1 - Real Property Appraisal, Development
Module 8: STANDARD 2 - Real Property Appraisal, Reporting
Module 9: STANDARD 3 - Appraisal Review, Development and Reporting
Module 10: STANDARDS 6 - 10
Module 11: Statements and Advisory Opinions
Post-Course Quiz: Testing Your Knowledge of USPAP
Module 12: Conclusion and Final Exam Prep

Description
The principal objective of this course is to familiarize participants with the Uniform Standards of Professional Appraisal Practice (USPAP). An electronic copy of the 2014-2015 USPAP document, known as eUSPAP, is provided and is referred to throughout the course. 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.

This course is an introduction to USPAP, and therefore many in this course will be focused on assignments that involve the appraisal of real property. However, USPAP extends to assignments involving the appraisal of personal property, and business or intangible assets, in addition to appraisal review and real property appraisal consulting. A clear understanding of USPAP fosters both ethical behavior and competent practice in these appraisal disciplines.

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 case studies.

The course includes a 1-hour exam proctored at a Pearson national testing facility.

Do I have to take the 1-hour course exam?

You are required to complete and pass the proctored offline exam if:

    • you are taking this class to meet state qualifying education requirements
    • you are taking this class to meet the qualifying education requirements for an Appraisal Institute designation
    • you are taking this class to meet Appraisal Institute continuing education requirements.

You may be required to complete and pass the proctored offline exam if:

    • you are taking this class to meet state continuing education requirements.  Most states do not require the exam for CE credit, but please confirm this with your state licensing board.

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

AI CE Credit for Designated members, Candidates for Designation and Practicing Affiliates
• Attend Only = 70 points
• Attend and Pass Exam = 75 points

Note: Access to the online program is available approximately one hour after registration.

 
  Equipment  

Course price includes an electronic copy of the 2014-2015 USPAP (e-USPAP), which is available as a download once the class begins.

 
  Prerequisites  
Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures is strongly recommended.
 
  Disclaimer  
Cancellation Policy
If you are unable to complete an online program once it begins, you may cancel out of the program within 30 days after the official end date. Absolutely no cancellations will be processed after 30 days of the official end date. Once you cancel out of a program, you must start the program over at the beginning in any later enrollments. You cannot be placed into the program where you left off before canceling.

The following refund policy is in effect for canceled online programs based on the amount of material completed in a program:

 Less than 25% of the program completed: $60 cancellation fee

 More than 25% of the program completed: no refund

       
I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a member of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, that I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Appraisal Institute's Code of Professional Ethics and Standard of Professional Appraisal Practice, and that such peer review proceeding may result in termination of my Appraisal Institute membership.
 
  Additional Information  
ONLINE CLASS ACCESS
Please allow 1 hour after registration to start an online session in progress (on or after the session start date). Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. You will automatically be taken to the "My Appraisal Institute" page. Near the middle of that page your course will be listed with a link next to it that says "Go To Class".

If you have any questions, please email us at OL-Help@appraisalinstitute.org.


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