Category: Real Property
Continuing Education: 27
Please see the "Upcoming Classes" tab for class offerings and registration information.
This three and one-half day course introduces the
participant to the concept of appraising real estate properties with a business
component, such as car washes, gas stations and motels. It is a thorough,
hands-on learning experience designed to provide the experienced appraiser the
knowledge and understanding needed to properly allocate/segregate the components
and determine their effect on value as required by USPAP. This course
presents a clear understanding of going concern valuations and resolves current
misrepresentations surrounding the issue. The participants will be introduced to
a new set of rules to determine which property types qualify as going concern
valuations and which do not. Previously written methodologies and
techniques dealing with the segregation and allocation of values will be
examined and discussed. The course will examine a series of case studies
dealing with fueling stations, car washes and motels. Other topics covered in this course
are as follows:
ASA has received approval from the following states for
up to 27 hours of continuing education credit. Please note - some states
may not accept all 27 hours. Contact ASA or your state appraiser board for more
information. AL, AR, AZ, CA, CO, ID, IL, IN, KS, KY, LA, MA, ME, MI, MO, NE, NH,
NJ, NM, NY, NV, OK, OR, PA, RI, TX, UT, VA*, WA, WI, WY. This course has also
obtained CAP approval from the Appraisal Foundation and is approved by OR and WA
for assessor CE.
*Students need to provide documentation to state.
This course is for students
who have a basic understanding of how to appraise complex commercial real estate
such as lodging properties, fueling stations, car washes, nursing/assisted
living facilities, etc.
There is no available agenda for this
Upon completion of this course, students will be able to: