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Hot Topics and Myths in Appraiser Liability
December 1, 2017
Local Area Topics
Birmingham Country Club
3325 Country Club Road
Sponsor / Contact
Up To 15 days prior to program start date, $25.00 cancellation fee.
3 - 14 days prior to program start date, $50.00 cancellation fee.
Less than 3 days prior to program start date, forfeit of payment.
Up To 15 days prior to program start date, $25.00 transfer fee.
3 - 14 days prior to program start date, $50.00 transfer fee.
Less than 3 days prior to program start date, no transfer allowed.
December 1,2017, 1:00 p.m. - 4:00 p.m.
Registration starts at 12:30 pm
Cancellations/Refunds: Requests for cancellations must be received in writing by the chapter. Email: email@example.com. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.
3 hours CE credit Alabama Real Estate Appraisers Board
3 hours CE credit Alabama Real Estate Commission
The seminar covers current liability trends affecting appraisers and dispels some common myths and misunderstandings. Actual lawsuits and claims form the foundation of the program.
These are the types of questions answered by the seminar: Who is currently suing appraisers? What do they sue for? What are the most common errors that lead to lawsuits? How do the USPAP concepts of intended use and user in an appraisal relate to an appraiser’s potential liability? Based on recent case law, how can an appraiser use these concepts to protect themselves against unwarranted liability? What is the new “mass litigation” phenomenon that is affecting appraisers? What liability exposures exist for appraisal review work? What does E&O insurance cover?
The objectives of the 3-hour seminar are to educate appraisers about:
•The most common current sources and causes of professional negligence lawsuits against appraisers.
•The current mass litigation phenomenon affecting appraisers.
•How the USPAP concepts of client/intended user and intended use relate to legal claims against appraisers.
•How to handle common liability threat situations.
•The importance of the appraiser’s work file and what elements of the work file are most relevant to liability prevention.
•The role of professional liability insurance.
The instructor is attorney Peter Christensen. He is the general counsel of LIA Administrators & Insurance Services, which provides professional liability insurance to about 20,000 appraisers. LIA’s E&O insurance program for appraisers is endorsed by the Appraisal Institute. Peter also maintains LIA’s website about appraiser legal issues at www.appraiserlawblog.com. .
***This Educational Program (Program) was developed by an outside party and organized by the Appraisal Institute Chapter offering 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.
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 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.
Program materials will be picked up at the site.
The Alabama Chapter reserves the right to change/cancel any class due to extraneous circumstances. If you have a disability and require special accommodations, notify the Chapter in writing at least two (2) weeks in advance and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available. The Alabama Chapter is not responsible for students' non-refundable airline reservations or other travel expenses.
State Certification: Students should contact their specific state to determine current education approval and requirements.
The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements. You must not miss any of the course offering and you must give the instructor full attention. No cell phones, text messaging, returning calls, using computers and reading other non-related materials in class. You must be on time at beginning and returning from breaks.
Directions To Birmingham Country Club: Take 280 west from I-459, turn right just past the Hollywood Blvd. exit toward Mountain Brook as if you were going to the Zoo and Botanical Gardens. Turn Left onto Cahaba Road and make the right onto Lane Park Road as if you were going to the Gardens. Go until it dead-ends and turn right onto Country Club Road. Go approximately .4 mile and just as you pass Rockdell Lane on the left the entrance to the Country Club will be next on the right(watch as it is very easy to miss).
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