Business Practices and Ethics

Class Schedule:

Log-in and Roll Call:  8:30 – 9:00 AM ET

Class Instruction:  9:00 AM – 3:30 PM ET

Lunch: 30 minutes

This class will be held by virtual interactive classroom technology via Zoom.  Students are required to have a computer, webcam and microphone.  It is the student’s responsibility to have the required equipment to participate and receive continuing education credit.

Live stream/Synchronous Classroom Guidelines:

• Students must have a computer, webcam and microphone capabilities to participate and receive continuing education credit
• The instructor must be able to physically see and interact with all students and students must be able to interact with the instructor
• A copy of your driver’s license must be emailed to the chapter office as verification after you have registered and prior to the start date
• You will receive a separate email from the chapter office with log-in access information.  Please contact the chapter office if you have any questions regarding the participation guidelines. 

Attendance Requirements:

• Attendance will be monitored throughout the day
• Students are required to hold up photo ID at roll call, if requested
• Students are required to be visible on the virtual platform during the entire class – 100% attendance policy applies
• Instructors will direct questions to each student in the morning and afternoon  

Live stream/Synchronous Continuing Education:  6-Hours. Please note this live stream/synchronous class is approved by the Florida Real Estate Appraisal Board and Appraisal Institute for continuing education credit.  This class is also approved in other states live stream/synchronous.  Students licensed in other states should determine current approval and requirements prior to registering.

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Seminar Description:  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. These are common business practice issues that appraisers encounter in various assignments, including mortgage lending, litigation, and property tax appeal. Other real-life scenarios in the course illustrate less common business practice issues such as an appraiser’s obligation when illegal or criminal behavior is observed.