AI members, non-members, LIA-insureds or not, are all very much welcome and invited to attend the seminars.
This is the seminar – it’s a new topic:
Liability Issues for Appraisers Performing Litigation and Non-Lending Work
aka “staying out of the court room unless you’re being paid to be there”
3 Hours Appraiser CE credit available for CA, OR, WA and NV
CA BREA Approval No. 13CP119903001
Expert witness work, divorce work, appraisal review . . . I’ll let you know where potential liability exists and perhaps improve your provision of such services.
Most current discussion of appraiser liability focuses on lawsuits and claims relating to appraisals performed for mortgage lending. However, appraisal assignments for litigation and other non-lending purposes actually present a greater liability risk to the appraiser on a per assignment basis. This seminar begins with an overview of current appraiser liability issues and then addresses the specific liability risks associated with appraisals for litigation, divorce, estate, tax, conservation easement and other non-lending purposes. It also addresses special liability considerations for review appraisers and supervisory appraisers. Actual lawsuits involving appraisers form the foundation of the seminar.
These are the kinds of questions that appraisers get answered in this seminar: Who sues appraisers serving as expert witnesses and what do they sue for? Who sues appraisers performing appraisals for tax purposes? What’s the surest way for an appraiser to be sued for non-lending work? What’s the likelihood of being sued about a retrospective review appraisal? How does potential liability for a retrospective review compare with potential liability for a contemporaneous review? What are the statutes of limitation for claims? What special provisions should I consider putting in engagement letters for different types of non-lending assignments?
E&O Discount Information
Appraisers who are insured by LIA’s E&O program or who purchase E&O from LIA with Liberty Mutual within a year after the seminar become eligible for a one-time discount on their premium of $50 for a $500K or $1m per claim policy or $25 for a $300k per claim policy per appraiser by completing the seminar. Only one discount per insured appraiser per year – i.e., an appraiser may not obtain multiple discounts in the same year by taking multiple seminars offered by LIA.
Seminar Date, Time and Location
Thursday, March 27, 2014, 3:00 to 6:00, networking social afterward
National University, 3031 Tisch Way, 100 Plaza East, San Jose
Fees and Registration
This class is hosted by the Silicon Valley Branch of the Northern California Chapter of the Appraisal Institute. The fees for the classes are set and collected by the chapter and registration for the classis through the chapter. The cost through March 13 is $40 for AI members and $50 for non-AI members (note the E&O discount).
I cannot sign you up. Here is the link with registration information for this class:
I have future seminars on the above topics and other topics scheduled for:
Louisville, KY, with KREAB, February 11 (Lending work oriented class)Thank you,
Lexington, KY, with KREAB, March 14 (Lending work oriented class)
Florence, KY, with KREAB, April 4 (Lending work oriented class)
Atlanta, GA, with AI Chapter, April 23 (Same seminar described in post above)
Columbia, SC, with AI Chapter, April 24 (Same seminar described in post above)
Las Vegas, NV, with AI Chapter, May 2 (Same seminar described in post above)
Orange Beach, AL, with AI Chapter, 3 and 4 Hour Seminars, June 20 (Same seminar described above plus a 4-hour lending oriented seminar)
LIA Administrators & Insurance Services
Click Here to Read Full Post