How to Value a Partial Acquisition (Start at the Beginning)

Go Back

Notes

NORTHWESTERN AND EASTERN BRANCH JOINT MEETING

Virtually - Via Zoom
Log In: 1:45 PM
Meeting Starts at 2:00 PM 
Meeting Ends at 4:00 PM

Photo Verification: REQUIRED
As part of the required attendance monitoring, all students need to provide the Chapter Office with a copy of your Driver's License in advance of the offering. 

·         Simply take a picture of your DL with your phone or send a scanned copy to lianna@sccai.org

·         Registrants who have not yet forwarded their photo IDs will be ineligible for credit and will be prohibited from attending the seminar

Required Equipment

It is the student's responsibility to have the required equipment - dependable Internet access, computer, webcam and microphone.  As noted in the material section below, some registrants who opt not to print out the seminar materials may find a secondary device (Ipad, cell phone, laptop or desktop computer) helpful during instruction. 

·         A webcam is required.  The instructor and/or session monitor must be able to see each of the students and verify that they have access to the seminar materials throughout the presentation.  If you do not have a camera on your computer, they are available at BestBuy and other online retailers starting at around $30.
 

·         Webcams must remain on throughout the offering.  Those who turn off their webcams jeopardize receipt of CE credit.  No camera = no credit.
 

·         Joining the offering with a cell phone is not recommended as these devices often lead to connection problems.  Cell phones are better utilized solely as a secondary devise.
 

·         Students must be able to see and be seen. They must be able to view the instructor's PowerPoint, and follow along in handbook all at the same time, while the instructor sees them.

Cancellation Policy

    Up To 15 days prior to program start date, $10.00 cancellation fee.

    2 - 14 days prior to program start date, $15.00 cancellation fee.

    Less than 2 days prior to program start date, forfeit of payment.

Additional Information

Summary:
One niche in the real estate valuation sector is eminent domain. Eminent domain acquisition rights, or the ability of a government, quasi government, or utility entity to acquire property rights, is governed by the 5th Amendment to the United States Constitution. Today we will discuss the valuation and appraisal review for partial acquisitions, why it is important to understand the appraisal problem before starting research, and how the iterative process is crucial to credible assignment results. One main tenant of all valuation is for the valuer to be unbiased. The ability for valuers and appraisal reviewer's to be impartial and objective and therefore balance the rights of property owners with the rights of all people potentially using and paying for the infrastructure.

Bio: Christina Thoreson, SR/WA, MAI, CRE
As a valuation professional, Christina began her career in late 1986 in Atlanta. She earned her SR/WA, Senior Right of Way Associate designation from the International Right of Way Association. Christina is the current chair of the IR/WA Valuation Community of Practice. She is also a Designated Member of the Appraisal Institute having earned the MAI, SRA, and AI-GRS. Christina has recently been conferred membership in the Counselors of Real Estate and holds the credential CRE. She is a AQB qualified USPAP instructor, holds the CLIMB certification from the IR/WA, and completed the Certified Distance Education Instructor (CDEI) from the International Distance Education Certification Center (IDECC). She has taught real estate in both the professional and college settings. Her valuation experience includes a wide variety of property types and sizes, and her appraisal and review practice has focused primarily on eminent domain since 1991.

Disclaimer Information

                                                 

ENROLLMENT

Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The Southern California Chapter reserves the rights to cancel, limit, or reschedule this event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. There are NO transfers; you must cancel out of the offering.

ATTENDANCE

The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

ATTENDANCE CERTIFICATE:

With the recent transition to the Appraisal Institute’s NetForum registration system, attendance certificates will be available for download directly through the AI’s national website. The procedure to obtain your certificate is:

Go to www.appraisalinstitute.org

Log into Your AI Account

Select Education/Events on the right sidebar

See List of All Offerings

Scroll to the specific offering which shows Registered and click

At the very bottom of the screen, click Retrieve Certificate

NOTE: Allow a minimum of ten business days for certificates to be available. The Chapter office cannot view, nor can we retrieve copies of your attendance certificate. Anyone having difficulty accessing their certificate should contact the Education Delivery Services Dept. directly at education@appraisalinstitute.org.

Program materials can be downloaded by the student.

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.