2020-2021 15-Hour USPAP for Personal Property, Gems & Jewelry, and Machinery & Technical Specialties - July 2023

  • Registration Closed
Class Date/Time 

Tuesday, July 11, 2023 and Wednesday, July 12, 2023
10:00am - 6:00pm Eastern US

Class Registration Includes
  • One registrant log-in to the live sessions on July 11 and 12
  • Downloadable course materials:
    • 2020-2021 USPAP eBook
    • 2020-2021 Student Manual
    • Any additional handouts i.e. administrative/exam guidance, if applicable

Please note: The Appraisal Foundation has extended the 2020-2021 15-hour USPAP to December 31, 2023.

All course materials included with your registration are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. All downloadable materials are accessible via your education dashboard (login required). Once eMaterials have been posted for download, the class is no longer refundable.

What is USPAP?

USPAP stands for "The Uniform Standards of Professional Appraisal Practice" and is published by The Appraisal Foundation (TAF) headquartered in Washington, DC. In 1989, Congress enacted the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), which authorized TAF as "THE" source of appraisal standards and appraiser qualifications. "USPAP is the generally recognized ethical and performance standards for the appraisal profession in the United States" and was adopted by Congress in 1989.  USPAP contains standards for all types of appraisal services, including real estate, personal property, business and mass appraisal. USPAP is updated every two years providing appraisers with the information they need to deliver unbiased and thoughtful opinions of value.

What is the 15-Hour USPAP Update Course for Personal Property?

This course is specific to users of USPAP Standards 7 and 8 (GJ, MTS and PP) and will meet current USPAP requirements established by the Appraisal Foundation.  The 15-hour PP USPAP is an all-encompassing course providing an in-depth knowledge of all areas within USPAP.  USPAP provides the Foundation for competent performance from which all appraisers should practice and this course reviews those Foundations in detail.  The course emphasizes the role of the appraiser and the impartiality associated with this role. Using lecture, discussion and real world examples, the course demonstrates how USPAP applies to situations that personal property appraisers encounter in their everyday practice.

Who should attend?

This is the USPAP course developed specifically for users of Standards 7 and 8. This course will familiarize students with the recognized standards governing professional appraisals. This 15-hour USPAP for Personal Property course is approved by the Appraisal Standards Board of the Appraisal Foundation.

Important note: This course does not meet the Appraisal Foundation’s USPAP continuing education requirements for Real Property appraisers. This course will not be accepted by state real property licensing boards or for CE credit for state licensing of real property appraisers. This course may be used to meet qualifying USPAP requirements for beginning Real Property students who are seeking state certification, however, it is the responsibility of the student to verify acceptance of this course with his/her state prior to registering.

Learning Level 

Fundamental 

Continuing Education and Contact Hours

14 instruction hours and 1 exam hour

Upon completion of this course, students should be able to:

  • Prepare appraisals in full compliance with the current Uniform Standards of Professional Appraisal Practice;
  • Utilize the new definitions in USPAP in appraisal preparation;
  • Recognize how the changes in USPAP will affect appraisal reporting;
  • and Identify many of the current problems faced by personal property appraisers and how to use USPAP to solve and/or better handle them.

Please read the following information in its entirety to ensure a successful exam experience. 

  1. ASA requires the use of a PC/Mac/laptop with webcam capabilities in order to take your online exam. Mobile devices are not acceptable.
  2. The day of your exam, please login to your online open examination session via the Zoom link/details within the Contents tab above. 
  3. Make sure your webcam is on and that you are muted.
  4. Your examination session will be monitored by an online proctor (either an ASA staff member or an instructor). This individual will provide you with their contact information should you need to reach them during the exam.
  5. Your exam may be accessed via the class page on your dashboard.
  6. PLEASE NOTE – You may not reference any of the course materials or classroom notes, nor may you access any websites or any other resources during the exam.
  7. Lastly, ASA has transitioned to online exams to accommodate the continuation of learning. In the unlikely event you run into any technical issues or you are inadvertently kicked out of the exam, we STRONGLY recommend you keep a written record of all your answers on a separate piece of paper as you take the exam. In case there is an unforeseen issue, you will have your answers at the ready to reload into the exam software or to send to ASA via email as backup.
eMaterials

All course materials included with your registration are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. All downloadable materials are accessible via your education dashboard (login required). Once eMaterials have been posted for download, the class is no longer refundable.

Accessing eMaterials

eMaterials are provided electronically in PDF format and posted to the class within the Education Dashboard for all registrants to securely access prior to the start of the class. Attendees should come to class prepared with an electronic or printed copy of all eMaterials to use as a reference. OnDemand course registrants receive access to materials immediately following registration.

PDF course materials are presented in color, are bookmarked, and comment enabled. When opting to print downloaded materials, it is recommended that personal print settings be adjusted to print in black and white (or grayscale) and consider printing double-sided on recycled paper.

Certificate of Completion 

Please allow 5-10 business day following successful completion of the course or final exam to receive a formal status notification and access to a certificate of completion. The certificate will be available to view and/or download from within the class listed in your Education Dashboard.

Key:

Complete
Failed
Available
Locked
Class Session #1
07/11/2023 at 10:00 AM (EDT)  |  480 minutes
07/11/2023 at 10:00 AM (EDT)  |  480 minutes
Class Session #2
07/12/2023 at 10:00 AM (EDT)  |  480 minutes
07/12/2023 at 10:00 AM (EDT)  |  480 minutes
USPAP Book Acknowledgement
USPAP Class Evaluation
16 Questions
16 Questions We appreciate you taking the time to complete this course evaluation. Your feedback is vital to ASA to provide quality education and courses. Thank you in advance for your valuable feedback as it will continue to help ASA shape future educational initiatives. Sincerely, The ASA Education Team
Exam Proctoring Session #1
07/13/2023 at 2:00 PM (EDT)  |  60 minutes
07/13/2023 at 2:00 PM (EDT)  |  60 minutes
Exam Proctoring Session #2
07/14/2023 at 12:00 PM (EDT)  |  60 minutes
07/14/2023 at 12:00 PM (EDT)  |  60 minutes
Verification Code
Enter code to continue.
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USPAP Exam
50 Questions  |  1 attempt  |  60 minute limit  |  74/100 points to pass  |  Graded as Pass/Fail
50 Questions  |  1 attempt  |  60 minute limit  |  74/100 points to pass  |  Graded as Pass/Fail
Exam Acknowledgement
USPAP Course Certificate
15.00 CE credits  |  Certificate available
15.00 CE credits  |  Certificate available Open certificate for the option to print.