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Business Practices and Ethics

    Online Education
 
  Course    
Category  Standards [SPP]  
Level  II  
Attendance Hours  7.0  
Current Price  $ 159.00 AI
$ 189.00 Full
 
  Instructor    
Bruce M. Closser, MAI, SRA  
    
 
  Location    
Appraisal Institute - Online Education
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
  Appraisal Institute  
Email  OL-Help@appraisalinstitute.org  
Phone  (877) 674-2447  
 
  Description    

Overview:

Business Practices and Ethics is a significant course in the Appraisal Institute’s curriculum. Appraisers who belong to the Appraisal Institute must adhere to the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute, including various regulations, in an increasingly complex business environment.

This course is designed to familiarize participants with the obligations of a professional appraiser and the obligations and benefits of belonging to the Appraisal Institute. Interactive discussion questions and examples give participants the opportunity to review ethical rules and professional standards. The course also provides a venue for participants to share ideas about best business practices in light of the ethical requirements placed upon them as professionals and the ever-changing nature of the real property valuation business.

The course includes a discussion of professional practice requirements and an overview of the Code of Professional Ethics of the Appraisal Institute. Discussion questions build on the principles explored in previous parts and in that manner illustrate how those principles are codified in the Appraisal Institute’s standards and ethics documents. In addition, an overview of the organization’s peer review process is provided along with a list of frequently asked questions and answers. The course concludes with a discussion of business practices and information about common reporting and methodology errors.

Syllabus:

Module 1: Professional Practice Requirements
Module 2: Code of Professional Ethics of the Appraisal Institute
Module 3: Use of Appraisal Institute Logo, Membership Designations, and Emblems: Regulation No. 5
Module 4: Enforcement: Regulation No. 6
Module 5: Business Practice
Module 6: Common Errors and Issues

Learning Objectives:

  • Identify which professional standards and ethics requirements apply to Appraisal Institute Affiliates, Practicing Affiliates, Candidates for Designation and Designated Members and when they apply.
  • Recognize what constitutes the Standards of Professional Appraisal Practice of the Appraisal Institute (SPP).
  • Identify the objectives of the Appraisal Institute’s enforcement process.
  • Recognize business practices that are not acceptable in a customer service industry such as appraisal practice.
  • Identify the most commonly noted reporting errors.
  • Recognize common ethical dilemmas and identify strategies for resolving them.

NOTE: Due to some content specific to the Appraisal institute, the AQB has approved this course for 5 hours of CE.  Check with your state for approved credit hours.  Appraisal Institute Candidates for Designation and Designated Members will receive 7 hours of A.I. credit.

AI CE Credit for Designated members, Candidates for Designation and Practicing Affiliates
This program is approved for 1 hour of Appraisal Institute CE credit for every hour taken.

Please note: Promotional pricing for Business Practices and Ethics is no longer in effect.
 
  Disclaimer    
Cancellation Policy
If you are unable to complete a seminar once it begins, you may cancel out of the seminar before the official seminar end date. Once you cancel out of a seminar, however, you must start the seminar over at the beginning in any later enrollments. You cannot be placed into the seminar where you left off before canceling.

The following tuition refund policy is in effect for canceled online seminars based on the amount of material completed in a seminar:

• Less than 25% of the seminar completed: $60 cancellation fee

• More than 25% of the seminar completed: no tuition refund

   Transfer Policy
If you wish to transfer a registration from one seminar to another, the following transfer policy applies based on the amount of material completed in a seminar:

• Less than 25% of original seminar completed:
  • First transfer allowed: no charge
  • Second transfer allowed:
     $60 charge
           (for 7 hour programs and above)
     $35 charge
           (for 6 hour programs and below)
  • Any transfer not allowed beyond two

• More than 25% of original seminar completed: no transfer allowed

If you transfer from a lower priced seminar to a higher priced seminar, you will be responsible for paying the difference using the automated online system. If you transfer from a higher priced seminar to a lower priced seminar, an appropriate tuition refund will be issued.

    
I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a member of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, that I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Appraisal Institute's Code of Professional Ethics and Standard of Professional Appraisal Practice, and that such peer review proceeding may result in termination of my Appraisal Institute membership.
 
  Additional Information    
ONLINE CLASS ACCESS
Please allow 1 hour after registration to start an online session in progress (on or after the session start date). Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. You will automatically be taken to the "My Appraisal Institute" page. Near the middle of that page your course will be listed with a link next to it that says "Go To Class".

If you have any questions, please email us at OL-Help@appraisalinstitute.org.


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