Appraisal Studies 204: The Legal and Regulatory Environment for Appraisal


Start Date



8:30am–5:30pm except Sunday at noon


Tower 1101

End Date


Meeting Day




This course introduces students to compliance with laws and regulations in order for them to conduct their Personal Property appraisal practices. Using the information learned in the previous courses, participants expand their understanding of professional standards and the ethical requirements of an appraiser. The class allows students to utilize their analysis techniques for concluding Fair Market Value in an appraisal assignment. Further insight into the auction market, the insurance industry, and how tort law affects appraisers is covered in this class. PG204 also examines the legal court precedents on which many appraisal practices and regulations are based. As part of the class, students develop a Fair Market Value oral appraisal report for the property that they appraised in PP203.


Please note: The class will meet in Tower 1101 for the duration of the class.

This class has ended.

Sandra Tropper, ASA is an accredited senior appraiser in Fine Art, and has been appraiser and art consultant in the Washington, D.C. area for more than 25 years. Accredited by the American Society of Appraisers (ASA), she is a past chair of the Personal Property Committee, past chair of education for the personal property discipline, … Read more