Examining Property Rights and Implications on Valuation

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Additional Information

Valuation methods vary depending on intended use and user related to property rights. Learn about the history of property rights in the United States and how they are valued under different intended uses for appraisals. Gain a thorough understanding of how buyer motivations, toward property, can affect the value of real estate. Through a series of examples, discussions and observed scenarios, learn how the value of both residential and commercial properties will change with varying exceptions. The Dark Store theory is addressed, including the history and misunderstandings about the theory, and examples of sale lease-back transactions and build-to-suit transactions may change the motivations of the typical buyer. Enhance your understanding of how highest and best use relates to property rights through several case studies. 

Instructor: Leslie Sellers, MAI, SRA, AI-GRS: Mr. Sellers is a graduate of the University of Tennessee and has been an active appraiser, broker, and developer since 1973.  He as served as President of the Appraisal Institute in 2010. He as served as an expert witness in city, state and federal courts in real estate matters. Appointed by the International Valuation Standards Council (IVSC) Board of Trustees to serve on the IVSC Advisory Working Group for 2011-2018

 

SCHEDULE: June 26, 2020 
8:30 a.m.. – 9:00 a.m. – Check In
9:00 a.m.. – 5:00  p.m. – Class Instruction

 Fee: AI Full Fee: $195 
Full Fee: $215 

Registration includes a Catered Fish Fry Dinner for two at the seminar location. (Extra guest $10 a person or $20 for family due at dinner). A margarita reception will begin immediately following the seminar and the dinner will begin at 5:30 pm. Chet's Seafood will once again be catering the dinner. Chet's is a Pensacola institution and has been serving the best fried fish on the Gulf Coast for over 40 years. Come and enjoy the Beach, bring the family and get your CE.

CONTINUING EDUCATION:

Submitted for 7 hours of CE by the Alabama Real Estate Appraisers Board
Approved for 6 hours of CE by the Alabama Real Estate Commission
Approved for 7 hours of CE by the Georgia Real Estate Appraisers Board
Approved for 7 hours of CE by the Georgia Real Estate Commission
Approved for 7 hours of CE by the Mississippi Real Estate Appraisers Board
Submitted for 7 hours of CE by the Florida Real Estate Appraisers Board
Submitted for 7 hours of CE by the Tennessee Real Estate Appraisers Board

Disclaimer Information

Enrollment is on a first-come, first served basis. If the education program is filled, e-mail pampaulk@aialabama.com to be placed on a waiting list. The Alabama Chapter is not responsible for students' non-refundable airline reservations or other travel expenses. Cancellations/Refunds: Requests for cancellations must be received in writing by the chapter. Email: pampaulk@aialabama.com. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. The Alabama Chapter reserves the right to change/cancel any class due to extraneous circumstances.

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.