Liability Issues for Appraisers Performing Litigation and Other Non-Lending Work
Peter Christensen’s Live Virtual 3 Hour CE Course
November 11th
via Zoom Meeting
$59.95
10am-1pm PACIFIC
12pm-3pm CENTRAL
COURSE APPROVAL INFORMATION
Approved for 3 hours of CE credit only in CA.
BREA Course Approval #: 18CP119903003
Licensed by LIA Insurance Administrators, Inc.
Instructor: Peter Christensen
Co-Host: Appraiser eLearning
Course Description
In this seminar, I focus on legal issues relating to appraisal services for litigation and non-lending. I talk about risks associated with litigation work, divorce, estate, tax, and arbitration. You’ll also hear about the class action filed against appraisers who appraised conservation easements for IRS tax returns — they’re being sued for about hundred million dollars or so. I also cover creating professional, protective engagement letters that fit non-lending assignments.
This class includes a discussion of detailed engagement agreements that students will have access to as Word documents.
Course Objectives
Here are some of the questions appraisers get answered in this seminar:
Who sues appraisers serving as expert witnesses?
Who sues appraisers performing appraisals for tax purposes?
What’s the surest way for an appraiser to be sued for non-lending work?
What special provisions should I consider putting in an engagement letter for different types of non-lending assignments?
Are limitations of liability enforceable?
E&O discount information:
Appraisers who complete “Liability Issues for Appraisers Performing Litigation and Other Non-Lending Work” and who are insured by LIA Administrators & Insurance Services are eligible for a credit on their E&O premium. For California appraisers taking this class, the premium credit would be $50 (the price of the class) if the per claim limit of your E&O policy is $500,000 or higher, or $25 if the per claim limit of your policy is lower. You can only apply one credit per year. Please check with LIA for any questions about the discount.
Course Author
Peter Christensen
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.
