Pre-Licensing & Qualifying Education
Back to Qualifying Education Info page
Currently Scheduled Dates and Registration
I. Basic Appraisal Principles
A. Real Property Concepts and Characteristics
1. Basic Real Property Concepts
2. Real Property Characteristics
3. Legal Description
4. Legal Consideration
B. Forms of Ownership
1. Public and Private Controls
2. Real Estate Contracts
3. Leases
C. Influences on Real Estate Values
1. Governmental
2. Economic
3. Social
4. Environmental, Geographical & Physical
D. Types of Value
1. Market Value
2. Other Value Types
E. Economic Principles
1. Classic Economic Principles
2. Application and Illustrations of the Economic Principles
F. Overview of Real Estate Markets and Analysis
1. Market Fundamentals, Characteristics and Definitions
2. Supply Analysis
3. Demand Analysis
4. Use of Market Analysis
G. Ethics and How They Apply in Appraisal Theory and Practice
II. Basic Appraisal Procedures
A. Overview of Approaches to Value
B. Valuation Procedures
1. Defining the Problem
2. Collecting and Selecting Data
3. Analyzing
4. Reconciling and Final Value Opinion
5. Communicating the Appraisal
C. Property Description
1. Geographic Characteristics of the Land/Site
2. Geologic Characteristics of the Land/Site
3. Location and Neighborhood Characteristics
4. Land/Site Considerations for Highest and Best Use
5. Improvements – Architectural Styles and Types of Construction
D. Residential Applications
III. Residential Market Analysis & Higest and Best Use
A. Residential Markets and Analysis
1. Market Fundamentals, Characteristics & Definitions
2. Supply Analysis
3. Demand Analysis
4. Use of Market Analysis
B. Highest and Best Use
1. Test Constraints
2. Application of Highest and Best Use
3. Special Considerations
4. Market Analysis
5. Case Studies
IV. 15 Hour National USPAP Class
A. Preamble and Ethics Rules
B. Standard 1
C. Standard 2
D. Standards 3 to 10
E. Statements and Advisory Options
Back to Qualifying Education Info page
Currently Scheduled Dates and Registration
