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)
State Certification: Students should contact their specific state to determine current education approval and requirements. Please follow the link above under locations to verify certification in your state.
Class Materials: Will be distributed at the class (unless you paid the reduced fee for the download materials).
Download Materials: If you requested a download of the class materials, please bring a printed copy with you or have it loaded on your laptop for viewing.
IMPORTANT: Bring a copy of the downloaded materials with you or have them loaded on your laptop. You cannot attend the class without materials. No additional materials will be available at the class.
ENROLLMENT CANCELLATION NOTICE All enrollment cancellations must be submitted in writing via fax 813-962-4006 or email firstname.lastname@example.org. A confirmation of your cancellation will be e-mailed once it is processed by the Chapter office. See details regarding cancellation fees. Weather and/or Emergency Procedures for courses and seminars: In the event of bad weather or a state of emergency, call the chapter office at (813) 962-4003 for any message about the status of the class. If there is no message, the class will continue as scheduled. In the event the class needs to be cancelled due to bad weather, you will be notified of new class date.Program materials can be downloaded by the student.
Schedule:Class Hours will be 8:30 AM - 3:30 PM. You will be on your own for a one-hour lunch break.
FREAB Approval: 6 hours CE credit,0009980;Appraisal Institute: 6 CE credit hours | 30 Points
Student Material: Students will receive the student materials at the door. They will not be sent out in advance. Note: If you register less than seven days prior to class, you may need to download the course materials and bring to class. If you chose the download option when you registered at the discounted price, please bring the student materials with you to class. The workbook will NOT be available to you at class.
Student Rosters: Students that do not wish to have their name, address, phone number and email address published to other students in the class must notify the Chapter at least five (5) days prior to the beginning of the course.