Business Practices and Ethics

Business Practices and Ethics is an important course that provides information about standards and ethics requirements for valuers in general and, more specifically, for valuers who belong to the Appraisal Institute. Through discussion questions and examples, the class compares behavior and actions that illustrate violations of the Code of Professional Ethics, and participants learn how referrals can be made. Participants are also introduced to the Appraisal Institute Guide Notes to the Standards of Professional Practice and use these Guide Notes to resolve everyday appraisal practice problems. At the end of the course, they learn about common errors in appraisal reports and review reports, and they respond to questions about challenges that arise in appraisal practice such as requests for updates and requests to change or add intended users.

Who should Enroll

• Designated members
• Candidates for Designation
• Practicing Affiliates and those interested in readmitting to the Appraisal Institute

Objectives

• Identify the purpose of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute and recognize how those documents apply to Appraisal Institute Affiliates, Practicing Affiliates, Candidates for Designation, and Designated members.
• Recognize how to apply better appraisal business practices, especially regarding client relationships.
• Identify the major steps in the enforcement of the Appraisal Institute peer review system.
• Recognize the guidance offered by the Guide Notes to the Standards of Professional Appraisal Practice of the Appraisal Institute.
• Identify opportunities for improving professionalism.
• Recognize common ethical dilemmas and identify strategies for resolving them.

ADDITIONAL INFORMATION:

CE Credit: NC Appraisal Board Approved for 6 Hours 

*Students seeking CE credit for this course from a state other than North Carolina are responsible for confirming with that state’s licensing board that this course will be accepted. The North Carolina Chapter recommends students check before registering*

PHOTO ID REQUIRED: Students will need to send a photo (ex: driver license photo) to executive.director@ncappraisalinstitute.org after registering. Our instructor will be verifying photo identification of students during roll call at the beginning and throughout the class. This is a requirement, and you will not receive credit if we do not have a photo to verify your identification with.

IMPORTANT: Our instructor must be able to see/hear you and you must be able to see/hear the instructor. Video must remain on throughout the entire class. Zoom Meeting allows student/instructor interaction through video/audio and the chat function. This is a requirement, and you will not receive credit if you do not have video/audio capabilities to see/hear the instructor/allow the instructor to see/hear you. 

CLASS MATERIALS: Students are responsible for downloading or obtaining hard copies of the class materials. If downloading, please download before the class. Materials can be found in your Appraisal Institute account.