Feb. 10, 2021 2-5pm
This seminar discusses the interesting facts and legal issues in six recent lawsuits filed against real estate appraisers and draws the key takeaways from each case. The cases discussed address such matters as:
- The appraiser who allegedly left the faucet running and flooded the property.
- The appraiser accused of making a 15% error in square footage – will the appraiser be liable to the borrower?
- Appraisers being accused of discrimination and violations of the Fair Housing Act – what happens in a HUD investigation?
- The commercial appraisers who reported they performed a complete inspection but missed the flooding in the basement.
- The appraiser sued 6 years after delivery of a report, will the statute of limitations get the claim dismissed?
- What are the main reasons that appraisers are being sued during the Covid-19 pandemic?
In considering the six cases, appraisers learn about the key issues that cause legal problems and the best risk management measures that can be taken.
At the end of the seminar, as time allows, additional current legal issues affecting appraisers are discussed during a Q&A period. This discussion may include for example: (1) “will an LLC protect you from personal liability?”, or (2) “can an appraiser successfully sue a review appraiser for negligence over a ‘bad review?’”
Course Materials
Students are provided a copy of the presentation used in the seminar, so that they can later apply the pointers and examples of language discussed during the class. Students are also given a link to sample appraisal engagement agreement materials.
This is a virtual Zoom class.
Wednesday, February 10, 2021
Seminar hours are 2-5pm PST
Oregon Approval Number: VALE-C-1220-0002
California Approval Number: 2010722002
Idaho-Approved(they don’t use approval #’s)
Washington Approval: applied for, still pending
***We aren’t able to guarantee that we will have the approval from Washington before the class, or if we are able to get approval.
If you need help registering, email Deanna
Three hours of continuing education approved in Oregon, California and Idaho. Washington approval still pending…..
Note: A Zoom Webinar invitation will be sent to all registrants prior to the event. If you have not received your Zoom Registration link 24 hours prior to the event, please contact Vicki Champ at vchamp@comcast.net.
Start Times:
2:00 PM Pacific | 3:00 PM Mountain | 4:00 PM Central | 5:00 PM Eastern
Schedule
| Wednesday, February 10 | ||
| 2:00 pm – 5:00 pm | Six Recent Appraiser Lawsuits | Peter Christensen, Christensen Law Firm |
| 5:00 pm – 7:00 pm | Chapter Meeting |
**A separate Zoom invitation will be sent for the Chapter meeting**
The instructor for the course is attorney Peter Christensen, Christensen Law Firm, www.valuationlegal.com. His law practice is focused on matters concerning valuation services. He’s the author of Risk Management for Real Estate Appraisers and Appraisal Firms, published by the Appraisal Institute. He’s also published more than 60 articles relating to valuation legal issues.
Registration Fee: $60
Cancellation Policy: Full refund given for cancellation by February 8, 2021. After February 8, 2021 a $20 cancellation fee will be charged.
For More Information
Meeting: Vicki Champ | 503-910-5952 | vchamp@comcast.net
Registration: Deanna Ilk | 303-692-1222 | dilk@asfmra.org