"USPAP Overview and Interesting Appraisal Topics"

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Notes

ZOOM LOG IN INFORMATION WILL BE EMAILED OUT ON 7/27/2020

Additional Information

PROGRAM STARTS AT 12:00 PM 

 2 HOURS OF BREA CE PENDING APPROVAL 

 ZOOM LOG IN INFORMATION WILL BE EMAILED OUT ON 7/27/2020

Summary:

For the July 30th Eastern Branch meeting we will be having D. Michael “Mike” Mason, MAI, SRA as our speaker.  He will present an overview of the changes to the 2020-2021 version of the Uniform Standards of Professional Appraisal Practice (USPAP).  In addition, through discussion and examples, Mr. Mason will present issues like:

• The proper use of Extraordinary Assumptions and Hypothetical Conditions
• How to know when you have an acceptable statement of Intended Use and Intended User
• What is proper analysis and presentation of market activity regarding the subject property?
• What does market value mean in the USPAP?
• Verification and Confirmation – what’s the difference?

Bio: D. Michael Mason, MAI

Independent Real Estate Appraiser since 1980.

Chief Appraiser, Epic Land Solutions from January 2015 to December 2019

Western Regional Practice Leader, Right-of-Way and Litigation Support, Colliers International Valuation & Advisory Services from January 2014 to December 2014

Managing Director, Overland, Pacific & Cutler, Inc. from July 2012 to December 2013

National Director, Standards and Compliance & Managing Director – Los Angeles, Grubb & Ellis Landauer Valuation Advisory Services from July 2010 to June 2012

Director, Litigation Support, Integra Realty Resources from August 2008 to June 2010

Managing Director of the Los Angeles office of First American Commercial Real Estate Services from August 2004 to August 2008

Owner of D. Michael Mason & Associates from January 2000 to August 2004

Affiliated with Rolland R. Stephens, MAI from August 1985 to December 1999

Associated with the firm of Mason, Mason & Mason, Real Estate Appraisers from June 1980 to August 1985

EDUCATIONAL BACKGROUND

Graduated California State University, Los Angeles, Bachelor of Science Degree, Business Administration Major, 1980.

Completed specialized Appraisal Courses sponsored by the American Institute of Real Estate Appraisers as required for the RM and MAI professional designations.

Completed the Litigation Certificate Program of the Appraisal Institute

Disclaimer Information

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. 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. PREREQUISITES Some classes have prerequisites. Be sure to read the course description to find out if there are any prerequisites for this course. REQUIRED TEXTBOOKS Some classes have required textbooks. Be sure to read the class description to find out if there are any required textbooks for this course. There will not be any textbooks for purchase at the class. You must buy them ahead of time. If you arrive for a class without the required textbook credit for the class cannot be given and there will be no refund. REQUIRED EQUIPMENT Some classes require you bring a laptop and or other equipment. Be sure to read the class description to determine if any equipment is required. You are responsible for bringing your own extension cord(s). None will be provided. Please safeguard your equipment and personal belongings at all times. The Appraisal Institute, the Southern California Chapter, the Instructor or the facility will not be responsible for any loss of your personal belongings. CLASS MATERIALS TO DOWNLOAD Some classes are now available with downloadable materials. If you opted to download class materials instead of having them shipped to you, you will be required to bring the materials with you on a laptop or as a hard copy. If you do not have the materials with you credit for the class cannot be given and there will be no refund. Copies will not be available to you in the class. You are responsible for bringing your own extension cord(s). None will be provided. ADA COMPLIANCE It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute educational programs. If you need accommodations to participate because of a disability, please notify us in writing at least two weeks in advance of the program and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available. COMPLETION CERTIFICATES For scannable exams, written notification of results will be sent to the examinee approximately 15 business days from the date of receipt of the exams at the national office. Certificates of completion for continuing education will be sent to the student in approximately 15 days from the date of the class. Express Grading is available. For more information contact the national office at (312)335-4207. 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.