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    Basic Appraisal Principles

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    Date
    August 25 - September 17, 2026
    Time
    5:30PM - 9:00PM (PST)
    Sponsor
    Northern California Chapter
    Location
    It's Synchronous - Learn Where it is Comfortable and Convenient for You!
    Conducted via ZOOM
    Instructor
    Jacinto A. Munoz, Jr., MAI, SRA, AI-GRS, AI-RRS
    Mark V. Smeltzer, Sr., MAI, SRA, AI-GRS, AI-RRS
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $425.00
    AI Price
    $395.00
    Enroll by July 17 and save $25!
    View Pricing Options
    Course Description

    If you’re considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles. This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, real estate markets and analysis, highest and best use, and ethical considerations. The course should provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue.

    Co-developed by the Appraisal Institute, ASA, and ASFMRA

     
    Who Should Enroll
    • Beginning real property appraisers
    • Real estate professionals
    • Users of appraisal services
    • College students
    • Accountants
    AI CE Points
    Attend:
    150
    Attend & Pass Exam:
    200
    Pass Only:
    150
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Start Date Expire Date State Code
    AL CE 28 28 Synchronous 11/24/2025 09/30/2026 C02669
    AL QE 30 28 2 Synchronous 11/24/2025 09/30/2026 CO2669
    AZ CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    AZ QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    CA CE 28 28 Synchronous 11/24/2025 03/09/2028 20CP754601422
    CA QE 30 28 2 Synchronous 11/24/2025 03/09/2028 20CP754601422
    CO QE 30 28 2 Synchronous 06/16/2026 06/12/2029 3153
    CT QE 30 28 2 Synchronous 05/13/2026 05/13/2029 APR.000417
    DC QE 30 28 2 Synchronous 03/01/2026 02/28/2028
    DE CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    DE QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    FL CE 20 20 Synchronous 11/24/2025 05/03/2027 0010545
    FL QE 30 28 2 Synchronous 10/10/2025 10/09/2027 0010574
    IA CE 28 28 Synchronous 06/02/2026 06/01/2028 A518-1109
    IA CE 30 28 2 Synchronous 06/02/2026 06/01/2028 A518-1110
    IA QE 30 28 2 Synchronous 06/02/2026 06/01/2028 A518-1111
    ID QE 30 28 2 Synchronous 06/08/2026 06/12/2029 2074083
    IL CE 28 28 Synchronous 11/24/2025 12/31/2026 575.001112
    IL QE 30 28 2 Synchronous 11/24/2025 12/31/2026 573.000380
    IN CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    IN QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    KS CE 28 28 Synchronous 01/01/2026 12/31/2026 C119-22
    KS QE 30 28 2 Synchronous 01/01/2026 12/31/2026 Q119-15
    KY CE 30 28 2 Synchronous 11/24/2025 06/30/2027
    KY QE 30 28 2 Synchronous 11/24/2025 06/30/2027
    MD CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    MD QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    ME CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    ME QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    MN CE 30 28 2 Synchronous 11/24/2025 07/31/2026 1029962
    MN QE 30 28 2 Synchronous 11/24/2025 07/31/2026 1029961
    MT CE 28 28 Synchronous 11/24/2025 02/27/2027 REA-CEC-REC-17536
    MT QE 30 28 2 Synchronous 11/24/2025 02/27/2027 REA-CEC-REC-17536
    NC QE 30 28 2 Synchronous 01/01/2026 12/31/2026
    ND CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    ND QE 30 28 2 Synchronous 01/01/2022 06/12/2029 QE2403, 74333
    NV CE 28 28 Synchronous 12/16/2025 12/31/2026 CE.0009994-A
    NV QE 30 28 2 Synchronous 08/01/2025 07/31/2026 PL.0009464-A
    NY CE 28 28 Synchronous 02/01/2026 12/31/2026 A5486-28
    NY QE 30 28 2 Synchronous 11/24/2025 09/30/2026 Q0204-R6, Q0203-R5
    OH CE 28 28 Synchronous 01/01/2026 12/31/2026 084602903A 25
    OH QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    OK QE 30 28 2 Synchronous 06/17/2026 06/12/2029 601
    PA CE 30 28 2 Synchronous 06/13/2026 06/12/2029
    PA QE 30 28 2 Synchronous 06/13/2026 06/12/2029
    PR CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    PR QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    SC QE 30 28 2 Synchronous 11/24/2025 08/31/2026 AC . 764
    SD QE 30 28 2 Synchronous 06/01/2026 06/12/2029 SD90235Q
    TN QE 30 28 2 Synchronous 04/20/2026 04/30/2028 825
    UT CE 28 28 Synchronous 11/24/2025 11/30/2027 AC241009, AC251145
    UT QE 30 28 2 Synchronous 11/24/2025 11/30/2027 AQ241010, AQ251154
    VA CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    VA QE 30 28 2 Synchronous 11/24/2025 09/30/2027 4006000477
    VT CE 28 28 Synchronous 11/24/2025 11/29/2027
    VT QE 30 28 2 Synchronous 11/24/2025 11/29/2027
    WA CE 28 28 Synchronous 06/03/2026 06/01/2028 A26014858
    WA QE 30 28 2 Synchronous 06/03/2026 06/01/2028 A26014858
    WI CE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    WI QE 30 28 2 Synchronous 06/13/2026 06/12/2029 74333
    WY QE 30 28 2 Synchronous 06/13/2026 06/12/2029 2737
    Course Objectives
    • Recognize the components of ethical and competent appraisal practice.
    • Recognize the distinctive differences among land, real property, real estate, and personal property.
    • Recognize and identify the three major land description systems.
    • Recognize the major components that appear in all definitions of market value.
    • Recognize the definitions of the economic principles of change, anticipation, supply and demand, competition, substitution, balance, externalities, and highest and best use.
    • Solve basic real estate math problems in fractions, decimals, and percentages.
    • Solve for mean, median, and mode.
    • Use a financial calculator to perform mortgage calculations and to solve problems in simple and compound interest.
    • Recognize the definitions of appraisal practice, valuation services, appraisal review, and other key terms.
    • Identify the basic components in the appraiser’s scope of work decision.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:
    No

    Equipment:

    Additional Information:

    Course Materials Include:
    • Course Handbook (430 pp.)
    • Suggested Solutions (160 pp.) 
    National Registry of CPE SponsorsThe Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

    State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: www.nasba.org.

    Delivery Method: Group-Live
     
    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.
     

    Requirements:
    None

    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Early-Bird
    Today thru 07/17/2026
    $425.00 $395.00
    Standard
    07/18/2026 thru 08/14/2026
    $450.00 $425.00
    Late
    After 07/18/2026
    $480.00 $450.00
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    North Star Chapter July 6-9, 2026 Woodbury, MN Classroom View Details Register
    Appraisal Institute July 7-17, 2026 Synchronous View Details Register
    Event Information

    * * * * * Please review the entire section below. * * * * *

    It contains IMPORTANT SPECIFIC details about the
    SYNCHRONOUS Tuesday / Thursday EVENING FORMAT offering that you are registering for sponsored by the



    Northern California Chapter

    https://norcal-ai.org/

    925/932-7753  l 916/972-9700


    Photo ID Required to Complete Your Registration
    Please send a copy of your Driver's License or Photo ID to lisa@norcal-ai.org.  Feel free to cover any personal information with the exception of your photo and printed name. Quick Tip:  Cover personal information with cut-to-size Post-it-Notes or via electronic means before taking a photo with your phone or scanning.  Registrants will not be sent the ZOOM log-in link unless their DL/Photo ID is received in advance.  In the subject line of your email type "DL -  [enter your last name] PRINC Aug 2026" before submitting.  ID's should be submitted to the Chapter Office  lisa@norcal-ai.org immediately upon completing this online registration.


    Program Hours, Materials and Course Exam
    Online check-in will begin at 5:00pm (Pacific Time) on Tuesday, August 25.

    Instruction will run from 5:30pm – 9:00pm (Pacific Time) on Tuesday and Thursday evenings; 8 sessions in total

    • Tuesday, August 25 and Thursday, August 27
    • Tuesday, September 1 and Thursday, September3
    • Tuesday, September 8 and Thursday, September 10
    • Tuesday, September 15 and Thursday, September 17


    Program Hours, Materials and Exam
    Upon registration, students will be able to download their course materials.  If you would like hardcopy (printed) materials sent to you in advance, both a print and shipping fees (TBD) apply. [Note: Shipping fee is calculated at the time of online check-out.]

    Tips on Downloading the Course Handbook
    Upon registering, students will have access to the downloadable course materials. Students are strongly encouraged to have pre-printed and/or pre-downloaded the materials. Do not wait until the day of the course to download as the files are quite large.

    • Log in to My Account (https://www.appraisalinstitute.org/)
    • Select Education & Events (right sidebar)
    • See list of all offerings, scroll to Basic Appraisal Principles and select View
    • You will now see a box that contains downloadable program materials
    • Click link(s) to download:

    • Course Handbook - 430 pages
    • Suggested Solutions - 160 pages 


    Ordered Printed Materials or Need Assistance in Downloading? If you (1) have not received your pre-printed materials (must be selected at the time of online registration; extra fees apply for printing and shipping) within 4 weeks of the offering, (2) have any questions or difficulty in accessing / downloading the required electronic course materials contact AI's Education Delivery Department directly at 312-335-4207 or education@appraisalinstitute.org .


    Exam
    You will have 90 days from the time that you complete the course to take the proctored exam, either online or at a PearsonVue testing center. You can schedule the exam within 48 business hours after the course has been marked for completion. Review your MyAI account for the “Schedule Your Exam” messaging. PearsonVue Testing center locations in your area can be found by clicking on this link. For more information, visit our Exam FAQ page. 

    Required Text
    None other than the (2) items listed above including the Course Handbook and Suggested Solutions noted above

    Recommended Texts
    The recommended (not required) texts can be ordered directly through the Appraisal Institute's Publication's Department


    Required Equipment

    • A financial calculator is required. If using a financial calculator, the accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
    • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
    • For more information and a free review, click here .
    • For additional help with the HP-12C calculator, take our practice exercises, click here
    • HP-12C calculator User's Manual.

    Education Credit Hours and Attendance Verifications
    Those who check in late, leave early or are not in attendance during non-scheduled breaks may jeopardize receipt of credit.

    Appraisal Institute: Full attendance (100%) and successful completion of the exam enables Designated Members, Candidates for Designation and Practicing Affiliates to receive 200 AI CEC points; 150 points for full attendance only (no exam).  

    BREA Continuing: Basic Appraisal Principles has been approved by the BREA (#20CP754601422) for 28-hours of BREA CEC. Full (100%) attendance required but BREA CEC (continuing education credit) does not require successful completion of the exam.

    BREA Basic/Qualifying: Basic Appraisal Principles has been approved by the BREA (#20CP754601422) for 30-hours of BREA QE/BE for those seeking initial licensing / certification.  Full (100%) attendance and successful completion of the BREA exam are required for BREA QE/BE.  


    If you are seeking credit for this offering from a state outside of California, check with your state licensing board(s) directly to make sure an out-of-state offering will be accepted before registering. It is best to speak directly with a representative from your board rather than relying on information posted to the web to insure that the approvals are up to date. Note: Some states outside of California may have additional reporting requirements that the Chapter is not able to comply with.


    Attendance Verification Process Effective 10/01/19
    Verified attendance certificates will be available for downloading; allow 15 working days from the exam date

    • Logging into My Account www.appraisalinstitute.org
    • Select EDUCATION
    • Click on the specific offering that you are seeking the certificate for; it will show REGISTERED
    • Scroll to the very bottom of the screen to (1) COMPLETE EVALUATION FORM and (2) RETRIEVE / PRINT CERTIFICATE

    Note: Effective 10/01/19 students will be able to access their attendance certificates 24/7 through the Appraisal Institute's netFORUM association management program. The Northern California Chapter does not have direct access to certificates for programs held after this time. Any issues in retrieving certificates should be brought directly to the attention of the Appraisal Institute's Education Delivery Department at 312/335-4207 or education@appraisalinstitute.org .

    Confirmation Emails
    All confirmed registrants will receive a payment receipt plus a separate confirmation by email. Be sure that you can accept emails from each of the following email addresses:

    • lisa@norcal-ai.org
    • jenny@norcal-ai.org
    • lisa-norcal-ai.org@shared1.ccsend.com

    Any last-minute updates to this offering will most likely be sent from lisa-norcal-ai.org@shared1.ccsend.com (registrants should not send emails to this address). Be sure that you can accept emails from these email addresses, or these important emails may default to your spam / junk files.


    Payment Receipt
    All confirmed registrants will receive an email confirmation that will also serve as a payment receipt on the day of registration.

    • noreply@appraisalinstitute.org (confirmation details)
    • aiservice@appraisalinstitute.org (payment receipt)


    Registrants can also log into their MyAccount portal, select TRANSACTIONS to download a duplicate payment receipt.


    Note:
    If you do not receive emails on a regular basis from the Northern California Chapter ( lisa-norcal-ai.org@shared1.ccsend.com ) be sure to visit our homepage and sign-up to receive our emails. Registrants will not want important details like location changes or material downloads defaulting to spam / junk or be classified as undeliverable.

    • Those who work for financial institutions or government agencies my need to enlist the assistance of their IT Department to insure timely email delivery.



    Questions? Contact Us
    Northern California Chapter
    925/932-7753 l 916/972-9700
    via email



    Disclaimers
    By registering for this event, you agree that

    • your attendance may be recorded, photographed, and/or monitored at any time
    • will accept emails from the Northern California Chapter and you will add this address to your accepted list of emails - lisa-norcal-ai.org@shared1.ccsend.com
    • your contact information may be published in a networking roster
    • we may switch or change presentation format based on program logistics or necessity
    • if you have a disability and may require special accommodation, please notify us in writing at least two weeks in advance to arrange for reasonable accommodation


    Lost or Damaged Items
    The Appraisal Institute nor the chapter presenting this program is not liable for lost or damaged items. This includes but is not limited to calculators, laptops, cell phones, etc.


    Cancellations
    Written cancellations received by Tuesday, August 11 are subject to a $35 cancellation fee. Cancellations received after that time but prior to noon on Tuesday, August 18, are subject to a $45 cancellation fee. No refunds for cancellations received after August 18 or for program "no shows". Cancellations can be emailed to lisa@norcal-ai.org

    We reserve the right to substitute instructors, or to cancel or modify this program (adjust format) if sufficient registrations are not received by August 7 or due to other circumstances beyond our control. In the event of cancellation, tuition fees will be refunded. All other costs incurred are the registrant’s responsibility. 


    Questions? Contact Us
    Northern California Chapter
    925/932-7753 l 916/972-9700
    via email