Practical Highest and Best Use

Date: June 16, 2021

Location: Virtual, LA


Sponsor:
Louisiana Chapter
Contact:
Nancy Linton-Hall
Phone:
336-949-4520
Email:
nancy@aiohio.org
Website:
http://www.lcai.org/
Name:
Virtual Classroom
Address:
Virtual
Virtual, LA
Speakers:
Ururbek, MAI, AI-GRS, John

Notes

If you’ve registered after 5 p.m. CDT, please email nancy@execadminpros.com   for the Zoom Login Info. 


VIRTUAL Event via Zoom.  Registrants will receive an email with the Zoom Login Access information the day before the event.

Cancellation Policy

With written requests postmarked more than 14 days prior to seminar, refunds will be granted less a $30 cancellation fee.  For written requests postmarked 7 to 14 days prior to the event, a $50 cancellation fee will be applied. Cancellations 6 days or less prior to the seminar and “no shows” the day of the event will forfeit payment.

Additional Information

Who Should Enroll

·         Residential and General Real Estate Appraisers

 

Seminar Description

A review appraiser, employed by a state regulatory agency, commented in a USPAP class that highest and best use is the most deficient section in many appraisal reports. Whenever a market value opinion is developed, USPAP S.R. 2-2(a) requires the report to “summarized the support and rationale” for the highest and best use conclusion. This seminar is intended to enhance USPAP compliance for both residential and commercial appraisers.

 

            Objectives

·         Reviews many basic concepts of H&B use

·         Defines key terms like “support” and “reasonably probable”

·         Clarifies the four tests of H&B use

·         Identifies the four components of a proper H&B use conclusion

·         Differentiates the four tests from the four conclusions

·         Identifies the five (5) most likely buyer types

·         Explores and develops supportable conclusions for nine atypical, real-world situations where H&B use was uncertain

·         Details practical procedures to help appraisers develop a property H&B use conclusion for both typical and very atypical appraisal problems.

 

 

Virtual Classroom-Live/Interactive Participation Guidelines
Students must have computer, webcam & microphone capability to participate & receive continuing education credit. 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 see and interact with the instructor.

 

A copy of a photo ID (driver's license; passport; ID with photo & name) must be emailed to the Chapter office at nancy@execadminpros.com as verification after you have registered for the offering prior to the offering start date, but no later than lunch the day of class.


Only those students who provide the photo identification and “attend” the program in its entirety will receive a certificate of completion. Attendance will be taken at various times throughout the day.

You will receive a separate email from the Chapter Office with log-in/access information.  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. If you have a Lenovo laptop, you must have the Lenovo Vantage App installed on your computer for webcam to work. 

 


Check state approvals before registering to make sure the states you are licensed have approved the course/seminar and allow Virtual education in place of classroom education during the pandemic. 

 

Contact the chapter with questions regarding participation guidelines: nancy@execadminpros.com  



SEMINAR SCHEDULE
Login Access: 6/16/21: 8 a.m. CDT
Welcome,
Roll Call & Class: 6/14/21: 8:30 a.m. – 4 p.m.  CDT
**Lunch: 30 minutes

 

CE Credit Approvals
Appraisal Institute: 35 points

LA Appraiser Board:  7 Hours
AL Appraiser Board: 7 Hours

Pending CE Credit Approvals

TX Appraiser Board: 7 Hours

 



Attendance Policy
The Appraisal Institute, AQB, and LAREAB require full attendance (100%) at the seminar.  If the attendance roster reflects less than 100%, it could/will show up on the roster submission to the states.

 

Tuition Includes
Seminar materials 

 

Instructor & Developer
John H. Urubek, MAI, AI-GRS of Berwyn, IL

Disclaimer Information

Special Note
Enrollment is on a first-come, first-served basis. The Louisiana Chapter reserves the right to cancel this Seminar if the minimum enrollment level is not reached.

National Disclaimer

This Educational Program was developed by an outside party. The Appraisal Institute Chapter made arrangements for the Third-Party to offer the Program with the intent of addressing topic(s) based on a certain chapter or local need for such topic, solely educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program and does not endorse the Program or its content.

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 Appraisal Institute does not publish examination review materials. 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.