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Appraisal Institute Education

A Lender's Guide to the New URAR Form | Program Details

This seminar was developed for residential appraisers who wish to improve their abilities in the appraisal of residential single-unit properties when the intended use is to aid the lender/client in evaluating the loan collateral.


Appraisers with limited experience can use this seminar early in their careers to develop a proper understanding of secondary market guidelines and reporting requirements. Experienced appraisers can utilize the seminar as a comprehensive review as well as an opportunity to hone established skills.


The seminar begins with a look at how reporting formats relate to the appraisal process, with special emphasis on USPAP’s Supplemental Standards Rule, Departure Rule, and problem identification through the scope of work. The next section discusses the revised definitions, limiting conditions, and appraiser’s certification. This section is followed by a detailed comparison of the differences between the revised URAR form and its predecessor.


When discussing the revised URAR form, the seminar will focus on three key issues:


  • How to properly complete and report a given step in the appraisal process

  • The Supplemental Standards that might apply

  • The parts of USPAP that apply

  • Downloads
    None Specified.

    Type
    Residential

    Equipment Required
    None Specified.

    Tuition
    Please contact the sponsoring chapter for information on fees applicable to chapter programs.

    Classroom Hours
    4.0

    Level
    Intermediate

    For Further Reading
    None Specified.

    Registration Information
    None Specified.

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    Class Schedule & Locations