PP203 Communication of a Personal Property Appraisal: Report Writing

Class Date/Time

Monday, April 17, 2023 - Friday, April 21, 2023
11:00am - 7:00pm Eastern US

Class registration will close Monday, April 10, 2023.

Registration Includes 

• One registrant log-in to the live sessions 
• Electronic student materials

Class Format

PP203 is being presented online via Zoom and will be taught by a live instructor over the course of three days with an exam on the fourth day. Students will meet virtually with the instructor over the internet and will engage in discussions, exercises, and post-session assignments.

Students will need to have their webcams enabled for the duration of the class. 

Class Schedule

Times Listed in Eastern US

Session 1 - Monday, April 17 - 11:00am - 7:00pm
Session 2 - Wednesday, April 19 - 11:00am - 7:00pm
Session 3 - Friday, April 21 - 11:00am - 7:00pm
Exam Proctoring - Monday, April 24 - 11:00am - 2:00pm

Please note: Partial credit will not be awarded for this offering. Students must participate in three (3) live online sessions to complete the course and receive full credit. The sessions will not be recorded and/or made available after the class.

Continuing Education (CE)

Class provides 28.8 ASA CE Instructional Hours and 3 Exam Hours.

Additional Information

ASA-accredited members (AM, ASA, FASA) who would like to attend this class will receive a 50% discount. This discount will be automatically applied at checkout.

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.

Required Pre-Course Readings

Please obtain and review the required and recommended readings prior to attending class.

Learning Level 

Fundamental 

Continuing Education and Contact Hours

28.8 ASA CE Instructional Hours and 3 Exam Hours

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
• Utilize of The Uniform Standards of Professional Appraisal Practice (USPAP) in appraisal report preparation

Prerequisites

Students must successfully complete PP202 prior to registering for PP203.

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.

Financial Assistance

ASA’s Educational Foundation recognizes students who choose to invest their time in appraisal studies by providing assistance to students demonstrating a financial need. Please visit the Educational Foundation's webpage for more information and to download an application.