Provider: Co-hosted by Appraiser eLearning LLC & Valuation Education LLC
Instructor: Peter Christensen
APPRAISER ELEARNING COURSE APPROVAL #: 2310501047
We’re on CENTRAL TIME, and class starts at 11AM CT sharp!
If you are on Pacific Time, Class is from 9am-1pm PT (doors open at 8am)
If you are on Mountain Time, Class is from 10pm-2pm MT (doors open at 9am)
If you are on Central Time, Class is from 11am-3pm CT (doors open at 10am)
If you are on Eastern Time, Class is from 12pm-4pm ET (doors open at 11am)
Taught by Peter Christensen – a California lawyer whose legal work is focused on valuation services, this course takes a fresh approach to BREA’s required course on federal and California laws and regulations. It offers real-world situations and examples to illustrate the laws covered in the course– by, for example, discussing emails offered as evidence in a real case to show alleged violations of appraiser independence requirements. This course also covers important laws relevant to appraising that are missed in other courses –such as the Gramm Leach Bliley Act, RESPA prohibitions relating to appraisal fees, and fair housing and other nondiscrimination laws, including California’s newly enacted appraisal protections.
The course answers real world legal questions for appraisers, such as:
• What are the laws and regulations I really need to know?
• Should I attach a “privacy notice” under the Gramm Leach Bliley Act to appraisal reports?
• Is there a “statute of limitations” for complaints to BREA?
• Is it o.k. to give a $100 gift card to a chief appraiser for sending me appraisal assignments?
• Where can I find good engagement letter samples – and what does California’s appraiser law and BREA say about them?
• What does an actual BREA “demand letter” look like?
• If I agree to settle a BREA citation will that be published on BREA’s website?
FINAL EXAM REQUIREMENT (Open Book, No Time Limit)
This class is BREA-approved and meets the 4hr Federal and State Laws and Regulations coursework requirement needed once every 4 years for renewal. There are no quizzes but you are required to take a FINAL EXAM at the end of class. The final exam consists of 20 questions – in multiple choice or true-false format. A 70% passing score is required. The exam is open book. You may refer to the course materials or other materials to answer the questions.
Course Author
Peter is the principal attorney of the Christensen Law Firm (www.valuationlegal.com). His legal work is focused on matters concerning valuation (real property, personal property and business) and related services. The clients he serves are valuation firms and professionals; technology and appraisal management companies; and also individual and commercial parties who use or rely on valuation services.
Peter’s book, Risk Management for Real Estate Appraisers and Appraisal Firms, was published by the Appraisal Institute in August 2019. He has also published more than 50 articles relating to appraisal legal issues, many appearing in the Appraisal Institute’s Valuation magazine, and has presented hundreds of seminars to appraisers and appraisal/valuation firms.
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