Valuation of Conservation Easements


Valuation of Conservation Easements is an advanced course designed for the appraiser who understands the methodology in the approaches to value and is ready to embark on understanding the intricacies involved in one of the most misunderstood and difficult types of appraisals.

Over 4 days, this intensive program will familiarize participants with conservation easement valuations in a variety of situations, including conventional appraisals, appraisals that are required to comply with the Uniform Appraisal Standards of Federal Land Acquisitions, and appraisals involving non-cash charitable contributions that are required to comply with IRS standards. Learning objectives will be accomplished through a series of lectures, in-class discussions, problem solving, homework assignments, and case-law analysis.

Note. This course is in the Valuation of Conservation Easements Professional Development Program. View this list of FAQs, which includes information regarding the courses you’ll need to complete the program successfully.

This course is approved for GBCI CE Hours by the USGBC. 

Sponsor Date Location Delivery Format Check
State Approvals
Southern New Jersey Chapter November 01-04, 2022 Bordentown, NJ Classroom  Check Register
Atlanta Area Chapter February 14-17, 2023 Atlanta, GA Classroom  Check Register

Program State Approval & Hours

Some AI educational programs may not be approved in every state and every delivery format. To see a list of all state approvals across all formats for this course, please use the link below.

View all approvals for this course

Who should Enroll

Certified general appraisers; certified residential appraisers with conservation easement valuation experience


  • Recognize the methodologies and techniques commonly used in valuing conservation easements.
  • Grasp state, federal, and IRS regulations and requirements relating to conservation easements.
  • Identify the range of assignments that are common in valuing conservation easements.
  • Develop an effective scope of work for a conservation easement valuation assignment and apply concepts of highest and best use analysis to that assignment.
  • Apply a range of techniques to effectively carry out a conservation easement valuation.
  • Identify the unique issues that may apply to conservation easements and complete the assignment(s) in accordance with the various state and federal agency requirements.


Recommended: certified general appraiser


Yes, 2 hours



Appraisal Institute CE Points

Attend: 200 AI Points,  Attend and Pass Exam: 250 AI Points,  Pass Only: 0 AI Points

Class Time

28 hours


Yes. After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins.
To access your Education and Events page, log on to the Appraisal Institute website at (click on the three horizontal lines to the left of the AI logo and select “My
AI Account” from the drop-down menu).

Program Overview

Required and/or Recommended Equipment

A financial or regular-function calculator is allowed. The accepted model used in the course is the HP-12C.

Additional Information

Course Materials Include:

  • Course Handbook (383 pp.)
  • Appendix (540 pp.)
  • Pre-Class Assignment (1 p.)
  • Participant Memo (1 p.)
  • Suggested Solutions (71 pp.)
You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

This course is approved for GBCI CE Hours by the USGBC. 

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