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Spotlight on USPAP Hypothetical Conditions and Extraordinary Assumptions
August 29, 2012
Local Area Topics
Rio Hondo Country Club
10627 Old River School Road
Sponsor / Contact
This presentation is the same one given on May 31, 2012 at Harry's Plaza Cafe in Santa Barbara. Credit can only be given for attending one of these presentations.
Instructor: Mike Mason, MAI, SRA
Approved: 3 hrs AI and OREA CE
Theory - Discussion and Definition
Overview - Definitions & USPAP Background
Extraordinary Assumptions (Explanation and Examples)
Hypothetical Conditions (Explanation and Examples)
Is It an Extraordinary Assumption or a Hypothetical Conditions?
Application - Discussion and Examples
Applications: New Construction, Prospective Value, Review Appraisal
Applications: Damaged Property, Unfinished Property
Limitations to Use of Assumptions and Conditions
Questions and Answers
Summary and Conclusions
ALL ARE WELCOME
Up To 15 days prior to program start date, $20.00 cancellation fee.
2 - 14 days prior to program start date, $35.00 cancellation fee.
Less than 2 days prior to program start date, forfeit of payment.
Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The Southern California Chapter reserves the rights to cancel, limit, or reschedule this event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. There are NO transfers; you must cancel out of the offering.
The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.
Some classes have prerequisites. Be sure to read the course description to find out if there are any prerequisites for this course.
Some classes have required textbooks. Be sure to read the class description to find out if there are any required textbooks for this course. There will not be any textbooks for purchase at the class. You must buy them ahead of time. If you arrive for a class without the required textbook credit for the class cannot be given and there will be no refund.
Some classes require you bring a laptop and or other equipment. Be sure to read the class description to determine if any equipment is required. You are responsible for bringing your own extension cord(s). None will be provided. Please safeguard your equipment and personal belongings at all times. The Appraisal Institute, the Southern California Chapter, the Instructor or the facility will not be responsible for any loss of your personal belongings.
CLASS MATERIALS TO DOWNLOAD
Some classes are now available with downloadable materials. If you opted to download class materials instead of having them shipped to you, you will be required to bring the materials with you on a laptop or as a hard copy. If you do not have the materials with you credit for the class cannot be given and there will be no refund. Copies will not be available to you in the class. You are responsible for bringing your own extension cord(s). None will be provided.
It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute educational programs. If you need accommodations to participate because of a disability, please notify us in writing at least two weeks in advance of the program and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available.
For scannable exams, written notification of results will be sent to the examinee approximately 15 business days from the date of receipt of the exams at the national office.
Certificates of completion for continuing education will be sent to the student in approximately 15 days from the date of the class. Express Grading is available. For more information contact the national office at (312)335-4207.
Program materials will be picked up at the site.
CHECK-IN AND BREAKFAST AT 8:30 AM
PROGRAM STARTS AT 9:00 AM
TEMPERATURES IN CLASS ROOMS VARY. PLEASE DRESS ACCORDINGLY.
FACILITY INFORMATION AND DIRECTIONS