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Welcome. If you are a returning student or previously created an AI website account, please log in. Back to Schedule  |  Select an Offering  |  Forgot Password?  |  Create Login       Analyzing the Effects of Environmental Contamination on Real Property EMAIL   Date: May 15, 2012, Registration at 8 a.m. on first day of class. Class time is 8:30 a.m. to 5 p.m.   Location: Richmond, VA     Seminar     Category   Other [Oth]   Attendance Hours   7.0   Current Price   $ 175.00 AI $ 185.00 Full     Instructor     Nick A. Tillema, MAI, SRA            Location     Name   Sheraton Park South   Address   9901 Midlothian Turnpike   City   Richmond   State   VA   Zip   23235   Phone   (804) 521-2210     Click Here to check state approvals          Sponsor / Contact     Chapter   Virginia Commonwealth Website   www.vccai.org   Contact Name   William Austin   Email   vtdubb@gmail.com   Phone   (434) 294-6093       Description     Gain an excellent foundation into a complex area of appraisal valuation! In this new seminar, participants will obtain an overview of federal, state, and Brownfield programs. They’ll understand when the use of a hypothetical condition or extraordinary assumption is called for in an appraisal report, as well as when the assignment requires an appraisal of the “as-is” condition of the property. Also discussed will be applicable USPAP provisions and the critical nature of the Competency Rule to any assignment. At the end of this seminar participants will be able to Understand the methodologies used to value properties that may be impacted by environmental contamination. Define the requirements of Advisory Opinion 9: The Appraisal of Real Property That may Be Impacted by Environmental Contamination. Identify the three potential effects that contamination can have on real property: cost effects, use effects, and risk (stigma) effects. Recognize the generally accepted methods for valuing contaminated properties – paired sales analysis, environmental case studies analysis, multiple-regression analysis. Use these methods and techniques in the analysis of other adverse conditions.     Equipment     HP-12C Calculator     Disclaimer     Cancellation Policy Up To 30 days prior to program start date, $25.00 cancellation fee. 10 - 29 days prior to program start date, $50.00 cancellation fee. Less than 10 days prior to program start date, forfeit of payment.   Transfer Policy Up To 15 days prior to program start date, $5.00 transfer fee. 1 - 14 days prior to program start date, $25.00 transfer fee. Less than 1 day prior to program start date, no transfer allowed.     Program materials can be downloaded by the student or can be picked up at the site.