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Additional Class Information for 2-day USPAP Course
(Registrants for the 6-day Appraisal course click here for class information)
(Registrants
for the 1-day, 7-hr National USPAP Update Course click here for class information)
Prerequisites
There are no educational or experience prerequisites
to attending this course. Pre-class reading assignments are explained here.
Tuition
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. 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.
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 bring two books with them to this course,
including:
-
Current (2008-2009) version of Uniform Standards of Professional Appraisal Practice (The Appraisal Foundation). Click here to order directly from The Appraisal Foundation.
-
Current (2008-2009) version of 15-Hour National USPAP Course Student Manual (The Appraisal Foundation). Click here to order directly from The Appraisal Foundation.
Remember, the above two books must be purchased 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
Students should read the paper entitled "Launching
Your Appraisal With USPAP," by William M. Novotny, Certified National USPAP Course Instructor and as well
as a few sections of USPAP. Here's a note from Bill regarding
these assignments:
Fifteen hours is scant time to master USPAP, and one night of study on Day 5 is scant time to pass the AQB test the following afternoon. Pre-study is consistent with long term learning and better comprehension. My manual entitled “Launching Your Appraisal With USPAP” was developed and edited over many years. It is current and discusses USPAP issues with a focus impossible to achieve in a classroom setting. It provides a good overview of USPAP and contains a focused narrative regarding core issues. Several sessions of studying “Launching Your Appraisal With USPAP” over the course of a few days should assist you in maximizing your understanding of the USPAP, and doing so will increase the liklihood of passing the AQB test that is administered the end of the second day of the standard 15 hours USPAP class that you are scheduled to attend. The reading and study of “Launching Your Appraisal With USPAP” is not required, but is highly recommended.
I also recommended that you familiarize yourself with the USPAP manual. Pay special attention to the following sections prior to class: 2008-2009 USPAP pages U1-U14, Standard Rule 7 & 8 (pages U54 - U67), Statements on Appraisal Standards: SMT-6 (page U87) and SMT-9 (page U91); Advisory Opinions AO-2 (page A4), AO-3 (page A7), AO-5 (page A11), AO-11 (page A22), AO-12 (page A27), AO-21 (page A65), AO-26 (page A90), AO-27 (page A92), AO-28 (page A95), AO-29 (page A99), AO-31 (page A107) and AO-32 (page A111). A current copy of the 2008-2009 edition of USPAP can be viewed online here.
Certificate Award
Students
completing the two-day, 15-hour National USPAP course are awarded
the USPAP certificate.
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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. Currently, students who attend our course offering will be recognized as meeting the principles and methodology portion of the educational requirement for designation by both Appraisers National Association and the Association of Online Appraisers. We anticipate that other professional associations will also accept our course offerings as meeting their training requirements.
