READI and LIA are pleased to announce the presentation of their 4-hour live CE seminar entitled "Loss Prevention Program for Real Estate Appraisers" on September 19, 2011 in Columbus, OH (Dept. of Comm. Approval RECE.2011000653). The seminar is free to all appraisers who are registered with READI or insured by LIA, and it is given as part of READI's mission to work against unfair liability risks faced by appraisers. LIA created READI to serve that purpose. It is the same seminar that we will give this year at the Appraisal Institute's Annual Meeting in Las Vegas in August.
Who sues the most appraisers? What do they sue for? Which lenders pose the most risk to appraisers? Who is more at risk: residential or commercial appraisers? Which AMCs have sued appraisers for indemnification? You'll get the answers at the seminar.
As LIA's general counsel and READI's director, I will be the presenter. The seminar addresses legal claims and issues affecting both residential and commercial real estate appraisers. The information is based on actual claims and lawsuits filed against appraisers. In addition to the interesting facts involved in many of the cases, the seminar provides specific instruction about how appraisers can minimize their risk of being sued and about how to be prepared for such an event if it happens. We will also discuss the spike in FDIC litigation and indemnification clauses and other problematic provisions in contracts.
Appraisers insured through LIA's E&O program with Liberty Mutual become eligible for a one-time discount on their E&O premium of either $25 or $50 depending on their level of coverage by completing the class.
The location of the seminar is the DoubleTree Hotel Columbus/Worthington, 175 Hutchinson Avenue, Columbus, OH. Class sign-in starts at 8:00 a.m. The class will begin promptly at 8:30 a.m. and end at 12:30 p.m.
Appraisers who are registered as members of READI (www.readimember.org) or insured by LIA may register for the seminar by email to class@readimember.org.
CE approval information. LIA's 4-hour CE seminar "Loss Prevention Program for Real Estate Appraisers" is approved for 4 hours of appraiser CE credit in these states: AL, AR, AZ, CA, DE, FL, HI, ID, KY, LA, MA, MN, MO, MS, MT, NC, ND, NH, NJ, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, RI, UT, VA, VT, WI, and WA. Approval is pending in AK and NM. Reciprocal CE credit is offered by these states: KS, NE and WY (please check with these states to verify reciprocal credit). We do not offer CE credit for these states: CO, CT, GA, IA, IL, IN, MD, ME, MI, and WV.