Schedule. SECTION 1. Cost Approach Principles and Cost Estimation (Morning Day 1) Overview 8:00 8:30 Registration Classroom Rules and Procedures

Similar documents
Classroom Procedures Introduction to the Course

Registration Classroom Rules and Procedures Introduction

Registration Course Description Classroom Rules & Procedures

Origins of Eminent Domain Definitions Sources of Eminent Domain Law Agencies with Power to Condemn Limitations on Condemnation Examples of Takings

Table of Contents. Chapter 1: Introduction (Mobile Technology Evolution) 1

AI General Demonstration Grading Sheet

Fundamentals of Real Estate APPRAISAL. 10th Edition. William L. Ventolo, Jr. Martha R. Williams, JD

Part 1. Estimating Land Value Using a Land Residual Technique Based on Discounted Cash Flow Analysis

Index of Examples. Chapter 1 Letter of Transmittal Chapter 2 General Assumptions and Limiting Conditions... 19

Part 1. Introduction to the Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets. Preview...

Introductions... 3 Summary of Day Part 2. Potential Client Agencies and How to Contact Them

Appraiser Qualifications Board

Basic Appraisal Procedures

concepts and techniques

THE APPRAISAL OF REAL ESTATE 3 RD CANADIAN EDITION BUSI 330

Table of Contents SECTION 1. Overview... vii. Course Schedule... xi. Part 1. Introduction to Green Buildings: Examples

PREPARING FOR THE MINNESOTA RESIDENTIAL CASE STUDY EXAM. Minnesota Association of Assessing Officers Minnesota State Board of Assessors

THE APPRAISAL OF REAL ESTATE 3 RD CANADIAN EDITION BUSI 330

Real Estate Appraisal / Finance 322 Spring, 2011

and characteristics, legal considerations, influences on real estate values, types of value,

BUSI 330 Suggested Answers to Review and Discussion Questions: Lesson 9

Table of Contents SECTION 1. Overview... ix. Course Schedule... xiii. Introduction. Part 1. Introduction to the Income Capitalization Approach

How to Read a Real Estate Appraisal Report

A Demonstration Appraisal Report. Of a. Located at. Date of Appraisal. Prepared for. Prepared by

PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS INCOME PROPERTY VALUATION REA 1950

Licensing Education STUDY GUIDE. The Manitoba Real Estate Association

RULES OF GEORGIA REAL ESTATE APPRAISERS BOARD TABLE OF CONTENTS

(ii) Particulars of land sales used: Date of sale Sale price** Address of property Land sales not used in analysis with reason code** (iii) (iv)

Proving Depreciation

FLORIDA BROKER PRELICENSE (FREC II) (V2)

A Demonstration Appraisal Report. Of a. Located at. Date of Appraisal. Prepared for. Prepared by

DEPARTMENT OF BUSINESS AND OFFICE ADMINISTRATION COURSE OUTLINE FALL 2017

Table of Contents SECTION 1. Overview... ix. Schedule...xiii. Part 1. Origins of Eminent Domain

The Official Guide to the Demonstration of Knowledge Requirement: Residential

Table of Contents SECTION 1. Overview... ix. Schedule...xiii. Part 1. Origins of Eminent Domain

PREPARATION OF THE DEMONSTRATION APPRAISAL REPORT

absorption rate ad valorem appraisal broker price opinion capital gain

Demonstration Appraisal Report Utilizing a Form Report

PROBLEM SOLVING IN RESIDENTIAL REAL ESTATE APPRAISING

Introducing. Property. Valuation. Second edition. Michael Blackledge. Routledge R Taylor & Francis Croup LONDON AND NEW YORK

Sales Associate Course

Broker. Sales Comparison, Cost Depreciation and Income Approaches. Chapter 7. Copyright Gold Coast Schools 1

APPRAISER EXAMINATION

Typical Valuation Approaches and How to Deal With Them

AGRICULTURAL LEASE Application and Appraisal Instructions (OPEN-ACREAGE)

Cornerstone 2 Basic Valuation of Machinery and Equipment

MODULE 7-A: APPRAISALS, BPOS AND USPAP

FHA Reference Materials for This Seminar... 1 Primary Audience for This Seminar... 1 Not Yet Approved for FHA Appraisal Assignments?...

Course Outline. TERM EFFECTIVE: Fall 2016 CURRICULUM APPROVAL DATE: 02/22/2016

Minnesota. Appraisal. Licensing. See weekend course offerings to get your appraiser license! Your Complete Appraisal Licensing Solution.

Introducing Property Valuation

Part 2. Measures of Central Tendency: Mean, Median, and Mode

APPLICATION TO REGISTER A SUBJECT PROPERTY BUSI 398 RESIDENTIAL PROPERTY GUIDED CASE STUDY

2. The, and Act, also known as FIRREA, requires that states set standards for all appraisers.

UNIFORM APPRAISAL DATASET (UAD) FHA SPOTLIGHT - SELECTION AND VERIFICATION OF COMPARABLE SALES

AN APPROACH FOR RE-ENGINEERING ORGANIZATIONAL STRUCTURE OF REAL ESTATE VALUATION SYSTEM IN TURKEY. Nuri ERDEM, Mehmet ÇETE TURKEY

Math Relating to Real Property Appraisals

RULES OF GEORGIA REAL ESTATE APPRAISERS BOARD CHAPTER STANDARDS FOR APPRAISAL COURSES TABLE OF CONTENTS

Broker. Basic Business Appraisal. Chapter 9. Copyright Gold Coast Schools 1

Real-Estate BCBA. Board Certification in Business (BCBA) Valuation. Download Full Version :

ASA s 7 th Annual Equipment Valuation Conference. Cost Approach and Sales Comparison Approach: A Closer Look at Depreciation

PREPARING FOR THE MINNESOTA INCOME PROPERTY CASE STUDY EXAM WORKSHOP

Residential Site Valuation and Cost Approach 2 nd Edition Hondros Learning Chapter Quiz and Work Problem Answer Key:

Capitalization and Depreciation of Property, Plant, and Equipment

II. STARTING THE APPRAISAL

APPLICATION TO REGISTER A SUBJECT PROPERTY BUSI 499 INCOME PROPERTY GUIDED CASE STUDY

NEW MEXICO STATE LAND OFFICE

Minnesota. Appraisal Licensing. See weekend course offerings. to get your appraiser license! Your Complete Appraisal Licensing Solution.

Chapter 37. The Appraiser's Cost Approach INTRODUCTION

CENTER FOR PROFESSIONAL EDUCATION 9590 West 14 th Avenue Lakewood, CO (720)

Developing a Reviewer s Mentality... 1

CAPITAL ASSETS MVECA. Presented by: Larry Weeks, CPA

Depreciation Analysis Guide

Classify and describe basic forms of real estate investments.

procedures Basic Appraisal F i n a l Examination #2 2 nd edition

Mass Appraisal of Income-Producing Properties

INSTITUTE FOR PROFESSIONALS IN TAXATION REAL PROPERTY TAX SCHOOL REVIEW AND INTRODUCTION

To all Appraisers: Brief Overview:

MOBILEHOME PARK RENT STABILIZATION PROGRAM

Unit 16. Real Estate Appraisal

Chapter 8 Qualifying Property

PROPERTY DISPOSITION GUIDELINES OF STATE OF NEW YORK MORTGAGE AGENCY, ESTABLISHING STANDARDS FOR THE DISPOSITION AND REPORTING OF PROPERTY

THE APPRAISAL OF REAL ESTATE 3 RD CANADIAN EDITION BUSI 330

This chapter explores the principles of value, the forces that impact the value of property, and the appraisal process.

ADOPTED REGULATION OF THE COMMISSION OF APPRAISERS OF REAL ESTATE. LCB File No. R Effective August 26, 2008

The Three Approaches to Value

Cost Segregation Instructor Teaching Schedule (3-Hour)

Following is an example of an income and expense benchmark worksheet:

Week11, Chap 8 Accounting 1A, Financial Accounting

Professionals Providing Real Estate Solutions

Restricted Use Appraisal Report Residential

Restricted Use Appraisal Report Residential

Management of Low-Income Housing Tax Credit Projects - Intermediate Requirements:

Real Estate Investing Certificate

Table of Contents GENERAL COURSE INFORMATION SECTION ONE. Overview... v. Course Schedule... viii. Introduction. Part 1. Introduction to USPAP

Appraisal. Colorado. Licensing and Continuing Education JULY DECEMBER Appraisal Education From the Name You Trust.

VALUATION CONSIDERATIONS AND METHODS FOR A PATENT VALUATION ANALYSIS

MAINE PROPERTY TAX INSTITUTE

Uniform Residential Appraisal Report (URAR) Model Appraisal

Complete your 2,000 hours of experience over a minimum of a 12-month period

Transcription:

Schedule SECTION 1. Cost Approach Principles and Cost Estimation (Morning Day 1) Overview 8:00 8:30 Registration Classroom Rules and Procedures Introduction Cost Approach Pretest Part 1. Introduction to the Cost Approach Part 2. Cost Estimating Methods Usefulness of the Cost Approach in the Valuation of Residential Properties Cost Approach Limitations and Drawbacks Cost Approach Applications 1.1 Problem Steps in the Cost Approach 1.2 Problem Building Cost Estimates 1.4 Discussion Question Building Inspection Building Area Measurement Introduction to 1.5 Problem Building Area Calculation. 1.5 Problem, cont. Cost Data Sources Cost Estimating Methods 2.3 Problem xiii

SECTION 1. Cost Approach Principles and Cost Estimation (Morning Day 1, cont.) Part 3. Depreciation Concepts Introduction to Concepts and Terms Causes of Depreciation 3.1 Problem Economic Age-Life Method of Estimating Total Building Depreciation Modified Economic Age-Life Method 3.7 Problem Market Extraction Method for Measuring Total Depreciation 3.9 Problem Review Section 1 Practice Test LUNCH SECTION 2. Depreciation Measurement and Reconciliation (Afternoon Day 1) Part 4. Breakdown Method Breakdown Method Applications, Physical Deterioration Curable and Incurable Functional Obsolescence Considerations Curable and Incurable Measuring Functional Obsolescence Curable and Incurable External Obsolescence xiv

SECTION 2. Depreciation Measurement and Reconciliation (Afternoon Day 1, cont.) Part 5. Practice Problems in Estimating Depreciation 5.1 Problem 5.2 Problem 5.3 Problem 5.4 Problem 5.5 Problem 5.6 Problem 5.7 Problem 5.8 Problem 5.9 Problem 5.10 Problem 5.11 Problem 5.12 Problem 5.13 Problem 5.14 Problem 5.15 Problem 5.16 Problem 5.17 Problem 5.18 Problem Part 6. Introduction to Campus City Case Study. Cost and Depreciation Exercise 1. Cost Estimate Calculations Exercise 2. Market Extraction Worksheets Exercise 3. Estimate Depreciation for the Subject Property Review Section 2 Practice Test (includes answers) xv

SECTION 3. Principles of Site Valuation (Morning Day 2) Part 7. Overview of Site Valuation and Campus City Case Study. Market Area, Site and Improvements, and Highest and Best Use Part 8. Site Valuation Procedures Review of Part 5 Problems and Part 6 Exercises Site Valuation (Review) Principles Affecting Site Valuation Identification of Site Characteristics Competitive Market Analysis Site Valuation Highest and Best Use Campus City Case Study. Market Area, Site and Improvements, and Highest and Best Use Exercise 4. Identifying Significant Information from the Analysis of a Subject Property s Market Area Methods of Site Valuation Valuing a Site Using Sales Comparison Analysis 8.1 Problem Elements of Comparison 8.2 Problem Units of Comparison 8.4 Problem xvi

SECTION 3. Principles of Site Valuation (Morning Day 2, cont.) Part 9. Site Valuation Procedures, Continued Procedures and Adjustments 9.1 Dilemma. Market Data Array Grid The Steps of the Sales Comparison Approach Quantitative Adjustments Paired Data Analysis 9.2 Problem 9.3 Problem Quantitative Adjustments, cont. Grouped Data Analysis 9.4 Problem Qualitative Analysis 9.5 Dilemma 9.6 Dilemma 9.7 Dilemma Reconciliation Site Valuation Section 3 Practice Test LUNCH SECTION 4. Estimating Site Valuation (Afternoon Day 2) Part 10. Campus City Case Study. Site Valuation Section Exercise 5. Site Sales Adjustment Grid Exercise 6. Site Sale Follow-Up Questions Part 11. Extraction and Allocation Methods of Site Valuation Exercise 7. Cost Approach. Appraisal Institute Residential Summary Appraisal Report Extraction Method 11.1 Problem Allocation Method 11.3 Problem Summary of Methods of Site Valuation Site Valuation Practice Test xvii

SECTION 4. Estimating Site Valuation (Afternoon Day 2, cont.) Part 12. Cost Approach Review and Reconciliation and Exam Review Cost Approach Review Cost Approach Reconciliation Instructor s Course Review and Participants Questions Preparing for the Exam Conclusion Cost Approach Posttest Participants Course Review Self Study Instructions for Exam Exam Exam xviii