PP203-OOO - Communication of a Personal Property Appraisal: Report Writing
Category: Personal Property
Continuing Education: 28.8
Registration
Please see the "Upcoming Classes" tab for class offerings and registration information.
Course Description
This course provides participants with the basics
of communicating an appraisal as a written report. The instructor reviews the
required parts of an appraisal report and provides guidance on organizing a
document that presents a logical argument for value. Participants use the
terms they acquired in PG 201 and the methodology they learned in PP 202 in
class exercises to complete their appraisal and prepare the appraisal report for
review by the instructor.
Instructional Methods
Instructor will present material through lecture and PowerPoint as well as
classroom exercises and group discussions. Overnight writing assignments will be
given for review and discussion.
Course Audience
This course provides individuals wishing to become appraisers, or related
professionals interested in augmenting their valuation skills, with the third
course introducing the concepts necessary for appraisal practice. Candidates who
have previously successfully completed this course and designated appraisers may
wish to retake this course to brush up and stay informed about the currently
accepted appraisal report format including IRS and USPAP requirements, as well
as the report writing requirements as developed by the ASA’s Personal Property
Committee.
Pre-Readings
Please obtain and review the required
and recommended readings prior to attending class.
Agenda
Day One will include introductions of Instructor and Participants. The
remaining days will begin with a review quiz.
The class will have a morning, lunch and afternoon break. A review will take
place prior to the exam.
Learning Outcomes
Upon completion of this course,
student will be able to:
- Understand the elements of an appraisal report;
- Understand the importance of the written communication of an appraisal
report;
- Comprehend report standards and requirements;
- Develop the argument for a value conclusion;
- Develop writing skills for an appraisal prepared for
insurance coverage; and
- Utilize of The Uniform Standards of Professional Appraisal Practice
(USPAP) in appraisal report preparation.