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)
Seminar materials will be distributed at seminar registration. Materials will not be shipped directly to the students. During the registration process, if you selected the option to receive the course material via download, please be reminded to load the materials on a laptop or tablet and bring the laptop or tablet to class with you.
The Business Practices and Ethics seminar is approved by the California BREA for six (6) hours of continuing education credit, Approval Number: 19CP754601363.
Certificates of attendance will be sent by the Appraisal Institute national office within 5-7 business days.
Instruction: 8:30 a.m. - 4:00 p.m.
Check-in and registration will begin at 8:00 a.m.
(Lunch is included with registration)
GENERAL MEMBERSHIP MEETING
A General Membership Meeting for the Central California Chapter will be held during lunch (11:30 AM)
Please contact Jewell Ogle, Education Chair if you would like to attend the lunch meeting only. Cost is $25 for lunch.
5917 Knudsen Drive
Bakersfield, CA 93308