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ANA
provides advanced certificate training in two areas:
 | The Uniform
Standards of Professional Appraisal Practice (USPAP) 7-Hr Update |
| Appraisal Report
Writing (ARW) |
The 15-Hr USPAP is normally
offered in the spring by The College For Appraisers.
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THE
UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE
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Established by The
Appraisal Foundation*, the Uniform Standards of Professional Appraisal
Practice (USPAP) set forth the currently recognized national standards for
appraisals of personal property, real property, and business valuations.
USPAP clearly describes what appraisers must do to properly conduct and
document an appraisal. It identifies the standards that are accepted in the
marketplace and by which an appraiser is judged. It identifies the
requirements of governmental agencies, the courts, attorneys, banks, and
insurance companies for acceptable appraisals.
ANA requires its
appraising members to demonstrate proficiency and knowledge of USPAP by
taking the 15-hour course and passing the exam prepared by The Appraisal
Foundation. The class examines examples of USPAP documents and model
appraisals. Upon successful completion of the course, students receive a
Certificate of Proficiency. 7-hour updates, required every two years,
maintain the validity of the Certificate.
* The Appraisal Foundation is authorized by the United States Congress as
the source of Appraisal Standards and Appraiser Qualifications and sets
professional standards to ensure that appraisers are competent. USPAP is not
a state regulation for personal property appraisers since there is no state
certification or licensing for personal property appraisers at this time.
The
"Appraisal Report Writing" class is an introduction to the methods of
document preparation, and should assist both beginning and advanced
appraisers with composing an appraisal report that is objective, credible
and not misleading. The Appraisers National Association requires that
members prepare reports in conformance with USPAP. Summary,
Self-Contained, Restricted, and Limited Appraisal Reports will be covered.
Objectives for the class include:
Some of the other
specific issues covered are the role of the appraiser, adjusting the scope
of the report, departures, extraordinary assumptions, limiting conditions,
hypothetical appraisals, authentication, expert consultation, and other
concerns that must be included in the report. Each different type of
appraisal report and its specific requirements, based on the function, are
discussed in detail. |
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