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Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Basic Appraisal Principles Classroom Course (30-Credit Hours)

MN Basic Appraisal Principles

Price: $579.00

Credit Hours: 30

Key Points:

Basic Appraisal Principles, the first in a series of licensing courses, is intended to establish the foundations of both appraising and the appraisal profession as a whole.

This 30-hour course begins with an explanation of the evolution of the appraisal profession and outlines its current organizational framework.  In this course students learn the essentials of real estate and appraisal, including real property concepts and characteristics, legal descriptions, forms of ownership, market value, economic principles, value influences, market analysis, ethics in appraising and more.  Learning is reinforced using discussion, examples, case studies, glossary reviews, and chapter review quizzes of the basic appraisal principles through which a strong foundation of appraisal knowledge is formed.

This course has been approved by the Minnesota Commissioner of Commerce for 30 hours of appraisal licensing education.


  • The appraisal profession—history to present day structure
  • The appraisal process
  • Ethics and how they apply in the appraisal profession
  • Real property concepts and characteristics
  • Legal descriptions
  • Legal considerations in real property ownership (rights, interests, forms of ownership, conveying ownerships)
  • Public and private controls in real property ownership
  • Real estate contracts and financing
  • Types of value
  • Forces that affect or influence value
  • Economic principles
  • Market Analysis, Highest and Best Use and other types of analysis
  • Approaches to value (sales comparison, cost and income capitalization)
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