This book provides a clear overview of the profession and basic appraisal techniques, providing a thorough outline of fundamental real estate appraisal theory and practice. This edition highlights the new Uniform Appraisal Dataset (UAD) and gives an update on the Appraisal Reports section, USPAP Reporting Standards, and the URAR Form. Each book is accompanied by a CD that includes a student version of ClickFORMS™ along with important Fannie Mae and Freddie Mac bulletins regarding requirements and standards.

AQB approved, this basic appraisal text is designed to be used with Basic Appraisal Principles to meet the suggested second 30-hour content required for appraisal trainees under the 2008 AQB required core curriculum. You'll appreciate the open instructional design used in each lesson that blends theory and practice to engage users and pace material into manageable elements. Real-world examples, lesson quizzes and section reviews provide direct application and facilitate mastery of content. Authors Mark A. Munizzo and Lisa Virruso Musial are both practicing Certified General Real Estate Appraisers and award-winning instructors receiving the Instructor of the Year Award from the National Association of Independent Fee Appraisers (NAIFA) in 2002 and 2004 respectively.