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What are the Terms and Conditions for AI PAREA participants?

Terms and Conditions

I understand and agree to the following:

  • Total cost of the program
  • Minimum technological requirements
  • Cancellation and refund policy
  • Contact information for inquiries, customer service and complaints
  • Minimum Progress Requirements
  • Maximum Mentor Support  

I certify that I am the person identified under Badge/Roster Information and that I will personally complete each assigned component of AI PAREA, and will not copy another AI PAREA participant's submission and present it as my own. Each registration for AI PAREA is for a single user only and no other users.

I understand that I am not allowed to share my login credentials, password, or Badge/Roster Information to anyone else.  I also understand and agree that I am responsible for maintaining the confidentiality of my login credentials, password, or Badge/Roster Information.  

I understand and agree that if I misrepresent my identity, arrange for someone else to represent himself or herself as me at any time during the program, or share my login credentials, password, or Badge/Roster Information to anyone else, I will be immediately removed from the program and I will not be entitled to any refund.

I will notify the Appraisal Institute of any known or suspected unauthorized use of my account, or any known or suspected break of security, including loss, theft, or unauthorized disclosure of my login credentials, password, or Badge/Roster Information.

Upon enrollment, AI PAREA participant will enter a sixty (60) day review period (“Engagement Period”). During this time, I understand that I am expected to demonstrate consistent engagement with the program, including actively participating in coursework and completing assignments in a timely manner. The first Level 1 Practice Assignment must be completed within the Engagement Period. If I show little or no progress during the Engagement Period, then I may be subject to additional review and, if necessary, and at AI’s sole discretion, may be removed from the Program. AI reserves the right to extend or modify the Engagement Period where appropriate to support participants’ success.

I will be granted access upon enrollment to the AI PAREA platform, materials, and Practice Assignments for a period of twelve (12) months (the “Access Period”). I understand that I am expected to remain actively engaged during this Access Period and to complete all required components of the Program within such timeframe as described below.

I understand that AI PAREA includes Minimum Progress Requirements, and I agree to adhere to the following Minimum Progress Requirements:

  • Completion of the first Level 1 Practice Assignment within the sixty (60) day Engagement Period.
  • Completion of all Level 1 Practice Assignments within six (6) months of enrolling.
  • Completion of all remaining Practice Assignments within twelve (12) months of enrolling.
  • Completion of the three Final Assignments within six (6) months of completing the last Practice Assignment.

Participants who do not complete the Practice Assignments within the initial twelve (12) month Access Period may request additional time for completion. Extensions are granted at the AI’s discretion and require payment of the then-current extension fee for each thirty (30) days of additional access. Extension fees are non-refundable and must be paid in full prior to the commencement of the extension period. Participants who do not pay the applicable extension fee will not be granted continued access and may be withdrawn from enrollment. Extensions will not be granted for the six (6) month Final Assignment period.

Participants who do not meet the Minimum Progress Requirements above will be terminated from the program at the discretion of AI.

I understand AI PAREA includes Maximum Mentor Support, and that the Minimum Progress Requirements should be adhered to with the Maximum Mentor Support identified below:

  • No more than 4.5 hours of Mentor assistance per Practice Assignment, including Mentor preparation and follow-up for assignment submission reviews and comments, email/Inbox correspondence, and Teams meetings. I understand that if I schedule a meeting with my Mentor and do not attend, without giving at least two (2) hours of prior notice, my Mentor will allocate 30 minutes of time to my Maximum Mentor Support hours. I understand that my Mentor may refuse to provide additional assistance (beyond required reviews) after the 4.5 hours have been reached for a particular Practice Assignment.  
     
  • At my Mentor’s discretion, my Mentor will review and offer comments for no more than three (3) submissions of a particular upload (i.e., an upload is a specific part of an appraisal report for a Practice Assignment that is submitted for Mentor review). 
     
  • All Mentor comments on an upload should be addressed before a subsequent upload is submitted for further Mentor review.  Uploads that only address some, but not all, comments may be rejected for review by my Mentor until all comments are addressed.  

I understand that if I do not satisfactorily complete assignments in accordance with the above Minimum Progress Requirements and Maximum Mentor Support, my participation in AI PAREA may be terminated at AI’s discretion and I will be issued a refund in accordance with the AI PAREA refund policy below.

I understand if I cancel my AI PAREA enrollment or AI terminates my enrollment from the program that:

  • Within 10 business days of enrollment, I will receive a 100% refund of the entire registration fee minus a $150 cancellation fee.
  • After 10 business days, there is no refund available.
  • Extension fees are non-refundable and are not subject to the refund policy.

I understand that if my participation in the program is canceled or terminated and I decide to enroll again later, I will need to pay a new full registration fee and start the program over from the beginning.

I further understand that if I am a Designated member, Candidate for Designation, Practicing Affiliate, or Affiliate of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Code of Professional Ethics and Standards of Professional Practice of the Appraisal Institute, and such peer review proceeding may result in termination of my Appraisal Institute membership, candidacy, and/or affiliation.

Further, I understand and agree with the following:

The contents of AI PAREA are intended for my personal, noncommercial use. All materials published on AI PAREA (including, but not limited to case studies, photographs, images, illustrations, audio clips and video clips, also known as the "Content") are protected by copyright and owned or controlled by the Appraisal Institute or the party credited as the provider of the Content. I shall abide by all additional copyright notices, information, or restrictions contained in any Content accessed through AI PAREA.

Without the express prior written approval of the Appraisal Institute, I may not reproduce, share, duplicate, distribute, copy, sell, resell, exploit, or otherwise publish any Content of AI PAREA with anyone.

I may not access parts of AI PAREA to which I am not authorized by the Appraisal Institute.

I understand that if I am unable to complete AI PAREA or meet the requirements for appraiser certification or licensure, I will not hold the Appraisal Institute or its directors, officers, employees, agents or representatives responsible in any manner.

These terms and conditions are subject to change at any time, with or without notice.