Capital Reserve Studies: A Business Opportunity for Appraisers

Date: September 14, 2023

Location: Virtual Classroom, FL


Sponsor:
East Florida Chapter
Contact:
Ms. Dowling
Phone:
(813)545-1382
Email:
lauren@eflai.org
Website:
http://www.eflai.org/
Name:
Virtual Classroom
Address:
Virtual Classroom
Virtual Classroom, FL 00000
Speakers:
Staebler, Patricia
Notes:
THIS CLASS WILL BE HELD VIA VIRTUAL INTERACTIVE CLASSROOM TECHNOLOGY. STUDENTS ARE REQUIRED TO HAVE A COMPUTER, WEBCAM AND MICROPHONE. IT IS THE STUDENT'S RESPONSIBILITY TO HAVE THE REQUIRED EQUIPMENT TO PARTICIPATE AND RECEIVE CREDIT. Virtual Classroom Guidelines: Students must have a computer, webcam and microphone capability to participate and receive continuing education credit. If you have a Lenova laptop, you must have the Lenova Vantage App installed on your computer for the webcam to operate. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able to see and interact with the instructor. A copy of your driver's license must be emailed to the Chapter office as verification after you have registered for the offering prior to the start date. You will receive a separate email from the chapter office with log-in access information. Please contact the chapter office if you have any questions regarding the participation guidelines at: Lauren@eflai.org ZOOM access link will be emailed to student prior to the offering in separate email from registration confirmation. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone please download the ZOOM app prior to offering. Please check your webcam privacy settings on your computer.

     

Notes

Cancellation Policy

Cancellation Policy:

• Up To 15 days prior to program start date, $0.00 cancellation fee

• 7 - 14 days prior to program start date, $10.00 cancellation fee

• Less than 7 days prior to program start date, forfeit of payment.

Additional Information

Seminar Description: 

This seminar will explore the necessity of reserve studies in light of the Surfside aftermath. The Champlain Tower situation will be introduced, followed by an introduction into reserve studies for students who never did a reserve study before. The seminar will systematically explore reserve study users, FS 718, budget comparisons, funding models, component list, and will explain the two major analysis parts – physical inspection/analysis and financial analysis. An example of 100% funded calculation will be presented at the end of the seminar.

 

Learning Objectives:

  • How an appraiser can assist associations with reserve studies
  • Could the Surfside disaster be avoided?
  • How to conduct a proper inspection for a reserve study
  • How to develop a component list as basis for the reserve study
  • Introduction to funding models (pooled vs. component)
  • What does it mean to be 100% funded?

 

Class Schedule:

Login and Roll Call12:30 – 1:00 pm

Class Instruction:  1:00 – 5:00 pm

Instructor: Patricia Staebler, SRA

 

State CE Credit:  This is a live stream/virtual/synchronous class and is only approved for Florida Real Estate Appraisal Board continuing education credit.  For other states, you should determine current education approval and requirements.

 

Continuing Education Credit:

Appraisal Institute: 20 points

Florida Real Estate Appraisal Board:  4-Hours, 0010371 – live stream/synchronous – Region X of the Appraisal Institute

 

Disclaimer Information

State CE Credit:  This is a live stream/virtual/synchronous class and is only approved for Florida Real Estate Appraisal Board continuing education credit.  For other states, you should determine current education approval and requirements.


Continuing Education Credit:

Appraisal Institute: 20 points

Florida Real Estate Appraisal Board:  4-Hours, 0010371 – live stream/synchronous – Region X of the Appraisal Institute

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.