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 presents a fresh
perspective for appraisers, assessors, and attorneys to the concept of valuing
real estate properties with a business component, such as car washes, fueling
station/c-store and lodging properties. It is a thorough, hands-on learning
experience designed to provide the knowledge and understanding of when to, and
when not to, properly allocate/segregate the value components as required by
lending institutions and analyze 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, techniques and other’s opinions dealing with
the segregation and allocation of values will be examined and discussed. The
course covers the latest requirements of lending institutions when valuing these
various components. Also presented is how business appraisers value the
intangible asset. Additionally, the course presents the arguments against
an intangible value. The course will examine a series of case studies dealing
with fueling station/c-store, car washes and lodging properties. Other
topics covered in this course are as follows:
Methods include lectures, discussions and individual/group exercises and
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, FL, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, NE,
NH, NJ, NM, NV, NY, 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 fueling
station/c-store, car washes, lodging properties, nursing/assisted living
There is no available agenda for this
Upon completion of this course, students will be able to: