Additional Class Information for 2-day USPAP Course

Aug 1 - Aug 2, 2011
Holiday Inn-Downtown
141 N. 9th St.
Lincoln, NE 68508
p: 402-475-4011

(Registrants for the 6-day Appraisal course click here for syllabus)

Prerequisites
There are no educational or experience prerequisites to attending this course. Pre-class reading assignments are explained here.

Tuition
The fee for this course is $325. (In addition, the student is required to purchase the two course books mentioned below.) Payment in full is required with enrollment application. Note that a $50 late fee is required if registration is not received within 35 days of start of class. Register.

Enrollment
All classes are limited in size. Registrations are accepted in the order in which they are received. If the class size is exceeded, you will be so notified by email. In such cases, payments received will either be refunded or applied to a future course offering as you prefer.

Course Confirmation
A confirmation email will be sent to you upon our completion of your course registration. Do not purchase non-refundable transportation tickets until such time as you receive the confirmation email from us.

Cancellation Policies
We will issue refunds for cancellations made in writing by 5 p.m. ET if done so at least ten business days prior to the first day of class (minus a $75 processing free). There is no refund for cancellations made within ten business days of class or for students who fail to attend the entire course of instruction.

If we must cancel a course offering for any reason, your enrollment fees will be reimbursed in full (less any PayPal charges if paid as part of your course registration.) However, we will not be responsible for any cancellation changes/charges assessed by airlines, hotel or travel agencies. Courses may be cancelled at our discretion. Refunds are made by check in order to avoid PayPal charges.

No refunds are made for USPAP books purchased for this course.

Course Schedule
Classes normally run from 8:00 a.m. through 5:00 p.m. with hourly breaks and lunch around noon. These are intense courses and may require evening reading assignments.

Exams
There will be a one-hour, 50-question, multiple choice final exam. Should a student require retesting, Appraisal Course Associates has established a USPAP Exam Retake Program.

Required Text Books
Students are required to purchase and bring the following two books with them to this course:

2010-2011 version of Uniform Standards of Professional Appraisal Practice (USPAP). Order your copy online directly from The Appraisal Foundation.
2010-2011 personal property version of the 15-Hour National USPAP Course Student Manual. Order online.

Remember, the above two books must be obtained by you and brought with you to class. Register well enough in advance to ensure that you have time to order and receive the required text books.

Reading Assignments
We recommend that you familiarize yourself with the USPAP manual before class. For review purposes, a current copy of the 2010-2011 edition of USPAP can be viewed online here. Pay special attention to the following sections:

PREAMBLE and the four RULES
Standard Rule 7 & 8
Statements on Appraisal Standards: SMT-6 and SMT-9
Advisory Opinions AO-2, AO-3, AO-5, AO-11, AO-12, AO-21, AO-26, AO-27, AO-28, AO-29, AO-31 and AO-32

Certificate Award
Students completing the two-day, 15-hour National USPAP course are awarded the USPAP certificate.

USPAP Certificate:

Transportation/Lodging/Meals
All participants are responsible for making their own lodging arrangements and for any costs associated with their lodging, meals, and transportation.

Your Obligation to Become Fully Trained
Any person who represents himself as an appraiser has an obligation to the public to be sufficiently competent to fulfill the obligations that attach to the appraisal role and to the requirements of each specific appraisal assignment.

The four-day valuation principles and methodology section of our course (Part I)prepares the student to understand and correctly employ the appraisal theory, methods and techniques necessary to develop a credible value opinion that is in compliance with USPAP.

The two-day USPAP component of our course (Part II) helps the student understand his obligations to the public. This part of the course is recognized and accepted by all branches of government, typical industry users and professional appraisal societies.

ACA does not establish, accredit or certify appraisers. Mere attendance at this course offering does not establish a student's qualifications to appraise. In addition to principles, methodology, and standards, would-be appraisers must also obtain requisite product knowledge of the types of property they will be appraising. The product knowledge that is necessary to produce a competent appraisal is a life-long learning endeavor and is not addressed by our course offerings.

Students who wish to represent themselves as appraisers would benefit from joining an association or society that offers designations. Membership in a professional appraisal association or society is independent of the ACA. Each society establishes its own educational and experience requirements for designation.

The Association of Online Appraisers (AOA), the College for Appraisers (CFA), as well as the Appraisers National Association (ANA) endorse our appraisal course offerings. Currently, students who attend our course will be recognized as meeting the appraisal core principles and methodology portion of the educational requirement for designation by both the AOA, CFA as well as the ANA. In addition, our two-day USPAP course (Part II) is accepted as satisfying the USPAP requirements for all major appraisal societies including the AOA, ANA, ASA, ISA, CFA, and AAA.