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Welcome. If you are a returning student or member of the Appraisal Institute, please log in. Back to Schedule  |  Select an Offering  |  View Cart  |  Forgot Password?  |  Create Login       Commercial Appraisal Engagement and Review Seminar     Date: February 24, 2010   Location: Orlando, FL     Seminar     Category   General [Gen]   Level   Basic/Intermediate   Attendance Hours   7.0   Current Price   $ 195.00 Member $ 225.00 Regular     Instructor     George R. Mann, MAI, SRA            Location     Name   Marriott Orlando World Center Resort   Address   8701 World Center Drive   City   Orlando   State   FL   Zip   32821     Click Here to check state approvals          Sponsor / Contact     Chapter   East Florida Website   www.eflai.org   Contact Name   lauren Dowling   Email   lauren@eflai.org   Phone   (407) 888-9480   Fax   (813) 654-9814       Description     Learn how appraisal work fits into financial institutions’ regulatory scheme and what happens to an appraisal once it leaves the appraiser’s hands. Become familiar with the current regulatory environment within which financial institutions are currently working and find out how to effectively review commercial appraisal reports using guidelines. Learn to understand the elements of an assignment necessary to order an appraisal and how an appraisal is used in the underwriting process while you consider the strengths and shortcomings of the three approaches to value. Discuss current changes in the financial industry and obtain a thorough and complete foundation for accurate procedures and a means of becoming current with the latest terminology, the changing regulations, and the approaches to value. At the end of this seminar participants will be able to Define a federally related transaction and recognize the regulatory environment within which financial institutions are currently working Identify the regulations that govern real estate appraisals prepared for financial institutions Recognize current issues in appraisal regulatory compliance Recognize Uniform Standards of Professional Appraisal Practice (USPAP) rules and standards that impact federally related transactions Determine options relative to scope of work and recognize how to establish an assignment and identify a client’s needs Recognize the usefulness and the rationale of the sales comparison approach for most residential and some commercial appraisal assignments Recognize the strengths and weaknesses of the sale comparison approach and when a value conclusion is understandable and convincing Recognize the type of cost approach data important to bankers and the support needed to justify the cost estimate Recognize the type of income capitalization approach data important to bankers Recognize the differences between a well-organized, coherent income capitalization approach and a weak approach     Equipment     HP-12C calculator     Disclaimer     Cancellation Policy Up To 15 days prior to program start date, refund in full. 7 - 14 days prior to program start date, $50.00 cancellation fee. Less than 7 days prior to program start date, forfeit of payment.   Transfer Policy Up To 15 days prior to program start date, no transfer fee. 7 - 14 days prior to program start date, $25.00 transfer fee. Less than 7 days prior to program start date, no transfer allowed.   Program Material Policy Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, a call tag will be issued for the return of this material. A registration refund will not be issued until the material has been returned. A few seminars allow for the purchase of program material. Contact the offering sponsor for more information. Cancel Offering, $75.00 material fee (if keeping program material). In order that we may comply with ADA, we need advance notice of any special needs you may have. Please provide written details of any special needs you may have under ADA on a separate page and send it in at least two weeks in advance in order that reasonable accommodations may be arranged. We reserve the rights to cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. Attendance: The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification or state continuing education credit that verify successful completion and attendance of 100% with your course grade notification letter; 100% attendance is required at seminars to receive continuing education credit. IF YOUR SEMINAR MATERIALS WERE SENT DIRECTLY TO YOU, PLEASE MAKE SURE YOU BRING IT WITH YOU TO CLASS EACH DAY. ADDITIONAL MATERIALS WILL NOT BE AVAILABLE TO YOU AT THE CLASS. Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.     Additional Information     Wednesday, February 24, 2010 Registration & Continental Breakfast, 8:00AM Seminar 8:30 AM - 4:30 PM LOCATION: Marriott Orlando World Center Resort 8701 World Center Drive, Orlando, FL Parking will be validated! HOTEL ROOM RESERVATIONS: 1-800-228-9290, Mention Appraisal Institute for a room rate of $150. This rate is available until January 29, 2010. This is a desination resort. Please see the website below for what this resort has to offer. •  www.marriottworldcenter.com

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