Appraising Condos, Co-ops, and PUDs

Some AI educational programs may not be approved in every state.

Students should check state approvals prior to registering for any Appraisal Institute program.

To register for this program, go to the bottom of the page.



Who should enroll
  • Residential real property appraisers
  • General real property appraisers
  • Reviewers
  • Underwriters
  • Real estate brokers and agents
Description Appraising condominiums, cooperatives, and PUDs requires a unique skill set different from appraising single-unit houses. Attend this seminar and obtain high-quality education specific to those skills. Take on your next condominium, co-op, or PUD assignment with confidence, diversify, and see your valuation business grow!

In this comprehensive seminar, learn how to identify property through legal description and parcel identification number (PIN); identify which 4 documents you need to obtain from the homeowner for your appraisal assignments to proceed more smoothly; and find out what questions to ask a building manager before concluding that your research is complete. Leave with a comprehensive list of questions to ask management companies that will help make your report as accurate as possible. Finally, discover the 12 factors to use when choosing comparable sales for your subject property.
Objectives
  • Identify real property ownership and interests, and recognize how and why they apply to appraising associations.
  • Analyze the valuation impact of special taxing districts, special service areas, and business improvement districts on association properties.
  • Identify, develop, and apply the appropriate scope of work to three types of association living.
  • Develop specialized data collection strategies for condominiums, cooperatives, and PUDs to support appraisal conclusions.
  • Contrast condo-hotels with condominiums and learn why appraisers must analyze them differently.
  • Evaluate several real-world appraisal case studies, including developing an opinion of market value specific to condominiums, cooperatives, and PUDs.
Prerequisites None


Refer to this page for details of state approval hours for this course.

  • Attended Only:

    35
  • Attended Only:

    35
  • Attended Only:

    35
7 hours
No
No
N/A
Basic/Intermediate
None specified N/A None specified
Classroom Requirements Online Requirements Synchronous Requirements
None specified
 
No additional information


Classroom Offerings

Sponsor Date Location Instructor(s)

Synchronous Offerings

No offerings at this time