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This two-day course introduces the basic concepts and strategies needed to engage in litigation valuation. It explores the scope of activities appraisers can expect in a legal action, including assessing the status of a case, developing a USPAP-compliant appraisal without preparing a written report, and understanding legal terminology and jargon. The course addresses how litigation assignments differ from lender assignments and how to market appraisal services to litigation clients. Participants work in small groups to practice effective deposition and direct testimony techniques and a mock trial with a residential case study gives them the opportunity to experience a realistic courtroom environment in which to polish their skills.
Upon completion of the course, participants should be able to:
- Describe the general process of a lawsuit involving real property valuation
- Understand the mechanics and strategies of a deposition and direct testimony
- Understand the requirements to successfully communicate and defend an opinion of value in a courtroom setting
Recommended TextReal Estate Valuation in Litigation, 2nd ed. Applications in Litigation Valuation: A Pragmatist’s Guide
Note. This course is in the Litigation Professional Development Program. For more information, click here.
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Program Overview
Table of Contents and Overview [PDF] 
Course Schedule [PDF]
Recommended Text
Ordering Information
To order books and other materials go to
our store
Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.
Required
HP12C calculator You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator. Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems; and Financial Calculator Practice ExercisesFor additional help with the HP12C calculator, take our online seminar, Using Your HP12C Financial Calculator.
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Appraisal Institute Hours
16 (including 1-hour exam)
To receive credit, participants must attend 100% of the program.
AI CE Credit for Designated Members and Candidates for Designation
Completing this Professional Development Program (ALL of the program’s courses must be completed: The Appraiser as an Expert Witness: Preparation and Testimony, Litigation Appraising: Specialized Topics and Applications, and Condemnation Appraising: Principles & Applications), satisfies the Advanced Continuing Education (ACE) requirement for an MAI, SRPA, SREA, RM, or SRA Designated Member, general or residential Candidate for Designation and general or residential Practicing Affiliates.This program is approved for 1.25 hours of Appraisal Institute CE credit for every hour taken.
This course may not be repeated in any subsequent continuing education cycle unless it has been substantially revised, as determined by the Admissions and Designation Qualifications Committee.
For further information, please visit our Continuing Education Page for all members.
Prerequisites
Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures or equivalent courses is required.
Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.
Who Should Enroll
Experienced residential and general appraisers interested in exploring litigation valuation as a specialty, real estate professionals, users of appraisal services, attorneys
Click Here for State Approvals
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Class Schedule & Locations
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06/24/2013 - 06/25/2013
Location: San Diego, CA
Click here for location details
Sponsor: San Diego
Contact: Patti Kreutzer, (858) 292-7324
Instructor: Roach, Stephen D., MAI, SRA
08/08/2013 - 08/09/2013
Location: Rockford, IL
Click here for location details
Sponsor: Northern Illinois
Contact: James E. Coutts, SRA, (608) 362-5166
Instructor: Magdziarz, Joseph C., MAI, SRA
08/13/2013 - 08/14/2013
Location: Ontario, CA
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Sponsor: Southern California
Contact: Lianna Chaparyan / Linda Zimmer, (818) 957-5111x20
Instructor: Magdziarz, Joseph C., MAI, SRA & Pending, Instructor
12/05/2013 - 12/06/2013
Location: Orlando, FL
Click here for location details
Sponsor: East Florida
Contact: Lauren Dowling, (813) 651-5904
Instructor: Underwood Jr., John R., MAI, SRA
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