How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value

Date: May 21, 2020

Location: Tampa, FL

Florida Gulf Coast Chapter
Ms. Nancy J. Bachor
Holiday Inn Tampa Airport/Westshore
700 N. Westshore Blvd.
Tampa, FL 33609
Nancy Bachor
Brian J. Flynn, MAI, AI-GRS
Complimentary hotel parking.


Description: If you’re involved in the valuation of commercial real estate, it’s crucial to know how the terms of a lease affect value. This seminar goes beyond methodology to explore how to measure a property rights adjustment, the theory underlying the use of a leasehold yield rate (YLH) to value the leasehold, as well as the application of a property rights adjustment in all three approaches to value. Topics will include how the terms of a tenant’s lease impact value—either positively or negatively; situations that require a valuation of a leasehold; methodologies in valuing a leasehold, including examples and exercises; the impact of a leasehold in the valuation of property using all applicable approaches; and challenges facing appraisers performing leasehold valuation assignments


No additional information

Additional Information

Class Location:

Tampa, FL - Exact location to be confirmed soon.

Schedule: 8:30 AM - 4:30 PM - Lunch will be on your one.

Class Materials-Download: Please bring your download materials with you or have them loaded on your laptop ready for viewing. No additional materials will be available at the class.

Class Materials-Printed: If you opted to purchase a printed material at an additional fee when registering, they will be shipped directly to you, please bring them with you. No additional materials will be available at the class.

CE Credit:

Appraisal Institute - 35 points

State of Florida: 7 Hours CE #0009954

Disclaimer Information

Attendance: One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements. Students should not be late or leave early. If you are late or leave early you will not receive credit.

State Certification: Students should contact their specific state to determine current education approval and requirements. Please follow the link above under locations to verify certification in your state.

IMPORTANT: Bring a copy of the downloaded materials with you or have them loaded on your laptop. You cannot attend the class without materials. No additional materials will be available at the class.

ENROLLMENT CANCELLATION NOTICE All enrollment cancellations must be submitted in writing via email A confirmation of your cancellation will be e-mailed once it is processed. See details regarding cancellation fees. Weather and/or Emergency Procedures for courses and seminars: In the event of bad weather or a state of emergency, call the chapter office at (813) 962-4003 for any message about the status of the class. If there is no message, the class will continue as scheduled. In the event the class needs to be cancelled due to bad weather, you will be notified of new class date.

Cancellation Policy

• Up To 15 days prior to program start date, $20.00 cancellation fee

• 7 - 14 days prior to program start date, $40.00 cancellation fee

• Less than 7 days prior to program start date, forfeit of payment

Cancellations/Refunds: Requests for cancellations must be received in writing at the chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Direct your email requests to:

IMPORTANT CHANGES to our registration processes have recently been implemented.

 These changes affect how you receive your education materials for this program. To be sure you are prepared for class, please review the information below BEFORE registering.

 Electronic Materials:

When you register for this program you automatically receive electronic materials to download for class at no additional charge.

Note:Some files are large and take time to download. Rather than opening a component link in a browser and then saving it to your desktop, it is recommended that you right-click on each download component and select "save target as" from the drop-down menu. Then select a location on your computer. Do NOT attempt to access the file while it is downloading. Some files are large and take time to download properly; this is dependent on your internet connection.

 Print Materials:

IF during the registration process you select the option to receive print materials (additional cost for printing and shipping that will appear in your cart), you will receive in the mail four weeks before the class begins a print copy of the handbook and other components for the class.IF you DO NOT select the option to receive print materials, but would like to have print materials for class, you will need to download and print the electronic components prior to class. Please note that there will not be print materials available at the site.

National Disclaimer

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.