Contract or Effective Rent: Finding the Real Rent

Date: March 16, 2022

Location: Virtual Classroom, CT


Sponsor:
Connecticut Chapter
Contact:
Ms. Beauchaine
Phone:
(860)482-9992
Email:
connecticut_chapte@sbcglobal.net
Name:
Virtual Classroom
Address:
Live/Interactive
Virtual Classroom, CT 06790
Instructors:
Edward V. Bowler, MAI, SRA

Continuing Education
Class Time: 4 hours
Exam Hours: N/A


AI Price: $100.00
Full Price: $120.00

Notes

Who should enroll


    Real property appraisers and consultants

    Property managers

    Lease agents

    Accounting professionals

    Investors


Description

Enhance your valuation analyses and broaden your consulting portfolio by understanding the complexities of calculating effective rent. You will gain a thorough understanding of effective rent and its importance in lease negotiations and valuation assignments by working through case studies featuring common circumstances involving effective rent. Strengthen your analyses by evaluating the way effective rent impacts property value. Recognize how the integration of the effective rent measurement is used by market participants (landlords and tenants) for leases involving landlord concessions and non-market-based provisions in all three approaches to value. At the end of the seminar, you will have a take-away model to use immediately when incorporating effective rent into your valuation or consulting work.

Objectives


    Define effective rent and distinguish between nominal rent and effective rent.

    Identify how calculating effective rent impacts property value.

    Recognize how familiarity with effective rent implications helps appraisers consult with landlords and tenants in lease negotiations.

    Identify how integration of the effective rent measurement impacts all three approaches to value.

    Evaluate proper methods of calculating effective rent and apply the conclusions in each approach to value.


Prerequisites

Participants should be familiar with discounted cash flow concepts and have a working knowledge of Excel prior to attending the seminar.



About Live / Virtual Classroom


 Participation Guidelines


·    Students will be required to use a laptop, hand held device or phone that has a camera feature, so that the instructor can see and interact with the student for the duration of the program. The platform will be live and interactive. We recommend that you test your camera and audio connections.prior to the day of the class.


 

·    You do not need a paid account from ZOOM to participate. Those using an Ipad/Iphone/smartphone will need to download the ZOOM app prior to offering.


 

·    Students will be required to provide via email a copy of their photo identification to the Chapter office no later than noon two days before the offering.


 

·    Only those students who provide the photo identification and “attend” the program in its entirety will receive a certificate of completion. Attendance will be taken at various times throughout the day.


 

·    Once registered, students will be emailed log-in/access information two days prior to offering.

 

 

Virtual Education Exception


Please note that not all states have approved Virtual education, therefore, 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.

Experiences

Seminar Materials Include:
  • Seminar Handbook (95 pp.)
  • Pre-Class Downloads (52 KB)
  • Pre-Class Memo (1 p.)

Cancellation Policy

$50 Cancellation fee before March 2, 2022

No cancellation/refunds/credits after March 2, 2022

Additional Information

Log-in:  12:30 pm - 1:00 pm

CE Session:  1:00 pm - 5:00 pm

National Disclaimer

Virtual Education Exception

Please note that not all states have approved Virtual education, therefore, 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.

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.