Business Practices and Ethics is an important course that provides information about standards and ethics requirements for valuers in general and, more specifically, for valuers who belong to the Appraisal Institute. Through discussion questions and examples, the class compares behavior and actions that illustrate violations of the Code of Professional Ethics, and participants learn how referrals can be made. Participants are also introduced to the Appraisal Institute Guide Notes to the Standards of Professional Practice and use these Guide Notes to resolve everyday appraisal practice problems. At the end of the course, they learn about common errors in appraisal reports and review reports, and they respond to questions about challenges that arise in appraisal practice such as requests for updates and requests to change or add intended users. These are common business practice issues that appraisers encounter in various assignments, including mortgage lending, litigation, and property tax appeal. Other real-life scenarios in the course illustrate less common business practice issues such as an appraiser’s obligation when illegal or criminal behavior is observed.
The content emphasizes:
• Business practices issues, such as how to respond to seemingly unreasonable requests, how to address client pressure, and how to approach a complex assignment
• Which standards apply to Appraisal Institute Designated Members, Candidates for Designation, Practicing Affiliates, and Affiliates, and when they apply
• The key principles of the Standards of Valuation Practice
• How to identify and avoid behavior that violates the Standards of Valuation Practice
• The correct way to use the Appraisal Institute's designations, emblems, and logo
• Understanding the Appraisal Institute's enforcement process
NOTE: The AQB approved this course for 6 hours of CE. Check with your state for approved credit hours.
Downloads• Table of Contents and Overview (PDF)• Course Schedule (PDF)
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. Please be sure to read "Cancellation Policy". Cancellation days are BUSINESS DAYS.
Course Attendance: 100% attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.
ADA Policy: If you have a disability and may require special accommodations, please notify the chapter office at least two weeks in advance and we will arrange for reasonable accommodations.
Hotels in area: Country Inn & Suites, 1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434. Ask for Bluegrass Chapter rate
Fairfield Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171
Quality Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100;
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Value Place, 1201 Kentucky Mills Dr, Louisville, KY (502) 290-0036
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LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889;
Candlewood Suites, 11762 Commonwealth, Louisville, KY (502) 261-0085;
Sleep Inn, 1850 Priority Way, Louisville, KY, (502) 266-6776