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Course #AP101:

   Basic Appraisal Principles         (30 Hours Qualifying Education - Tested)

This course fulfills the AQB requirement for Appraisal Principles.

Text: Appraisal: Basic Appraisal Principles, (Hondros)

This course is designed as basic instruction for the student interested in learning real property appraisal concepts.  The lessons cover basic appraisal principles based on the AQB Course Module with appropriate subtopics. This course is a pre-requisite for Basic Appraisal Procedures and also provides the foundation for subsequent education for those interested in pursuing a career in real estate valuation.

 

Course Objectives:

 The objectives of this course are to:

·         provide the student with a solid foundation in real estate appraisal principles and concepts.

·         assist the student with the development of an understanding of legal considerations including forms of ownership, public and private controls, real estate contracts and leases.

·         provide an understanding the influences on real estate value.

·         differentiate the differences between the various types and definitions of value.

·         introduce and demonstrate the economic principles and the applications thereof.

·         develop an understanding of real estate markets and the appropriate steps in proper analysis.

·         develop an understanding of USPAP and how it applies in basic appraisal practice.

·         demonstrate the importance of ethical standards in appraisal practice.

 

        Prerequisite: None                  

This course is AQB approved.*  Nebraska approval #Q001 for 30 Hours of qualifying education and 28 hours of continuing education.  South Dakota, Kansas, Iowa and Wyoming accept Nebraska approved course by reciprocity. 

* This course is AQB approved - that AQB approval applies to the course materials and not the course provider.  The course has been purchased from Hondros Learning, which was granted the approval.  The approval is for the BASIC APPRAISAL PRINCIPLES (30 HOURS) module. 

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Last modified:  08/11/10