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- Name:
- Caribe Hilton Hotel
- Address:
- 1 San Geronimo Street
Puerta de TierraSan Juan, PR 00901
- Speakers:
- Staebler, SRA, AI-RRS, Patricia
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Registrants MUST CHECK their individual states for approval BEFORE registering for the Program. Before registering for the Program, registrants understand and agree that continuing education credit for this program MAY NOT be available in their state on the date of the Program. The Appraisal Institute is not responsible if credit is not available for the Program in individual states. Please note: State exceptions for virtual education may expire PRIOR to the offering date. This class has been approved for 4 hours of continuing education in Puerto Rico under the approval code 2022-2197.
Overview 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?
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ENROLLMENT CANCELLATION POLICY: If a student wishes to cancel enrollment, a cancellation notice must be submitted in writing via email stating the reason for the cancellation and his/her AI account # to education.aiprc@gmail.com.
Enrollment Cancellation Fees (for virtual live classroom offering):
- If cancelled prior to October 1, full refund will be granted
- If cancelled between October 1 and October 9, a fee of $75 will be charged
- If cancelled after October 9, 100% payment will be charged (no refund will be provided)
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SCHEDULE:
October 19, 2022 (Atlantic Standard Time) · 1:00 p.m. – 1:30 p.m. – Registration · 1:30 p.m. – 5:30 p.m. – Class Instruction REQUIRED EQUIPMENT & TECHNOLOGY:
· Students are strongly recommended o bring laptop or notebook computers.
ATTENDANCE POLICY: To receive AI and State credit, 100% attendance is required.
· attendance will be monitored throughout the day Important: Please have your photo ID ready at the start of class. CONTINUING EDUCATION APPROVAL: The Puerto Rico Real Estate Appraisers Board have approved 4 hours continuing education credit. 100% attendance is required for credit and will be verified throughout the day. Note, it is the student's responsibility to verify his/her state(s)' approval (outside of GA and SC) of this live stream virtual offering.
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Disclaimer Information
Registration is on a first-come, first-served basis. If the
program is filled, e-mail education.aiprc@gmail.com to be placed on a waiting list. If you have a
disability and require accommodation, please notify the sponsor at least two
weeks in advance for reasonable accommodations to be arranged.
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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.
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