R-10 Residential Report Writing and Case Studies 15 hrs June 14 & 15 (Thurs/Friday) Early Bird May 31
Residential Report Writing & Case Studies is deeply rooted in appraisal professional standards and best practices of an appraiser when communicating the opinions and conclusions of a residential appraisal. The course commences with a detailed discussion of USPAP Rules and the reporting options permitted by STANDARD 2. Appraisal writing skills are then discussed along with several examples of how the reasoning of an appraiser is expressed in typical appraisal reporting situations. The most common residential appraisal reporting form, the Uniform Residential Appraisal Report (URAR), will be fully illustrated along with the requirements of the Uniform Appraisal Dataset (UAD). The course concludes with an overview of several of the most common residential appraisal forms. Within each section of the course are numerous compelling case studies to assist reinforcement of learning. Finally, common reporting issues are explored to illustrate the level of detail required in appraisal commentary so that appraisal reports are clear and not misleading (or fraudulent). The current version of USPAP is recommended for reference during the course.