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Valuation of Conservation Easements
Note: You must be a minimally Certified General Appraiser to register
CALL
Date:
January 9 - 13, 2008
Location:
Skokie, IL
Course
Category
Other [Oth]
Attendance Hours
31.0
Exam Hours
2.0
Current Price
$ 895.00
Member
*
$ 1,055.00
Regular
*
* includes late fee
Late Fee
$ 100.00
Instructor
Richard W. Gilmore, ARA, ASA
W. David Snook, FASA
Location
Name
Double Tree Hotel & Conference Center - Chicago North Shore
Address
9599 Skokie Blvd.
City
Skokie
State
IL
Zip
60077
Phone
(847) 679-7000
Fax
(847) 676-2327
Click Here
to check state approvals
Sponsor / Contact
Contact Name
Lynn Cuervo
Address
555 Herndon Parkway, Suite 125
City
Herndon
State
VA
Zip
20170
Email
lcuervo@appraisers.org
Phone
(800) 272-8258x123
Fax
(703) 742-8471
Description
The valuation of conservation easements has come under increasing scrutiny in recent years. The Internal Revenue Service has an obvious concern over its impact on tax receipts and Congress has focused on perceived abuses in the tax treatment of gifts of conservation easements. In addition, many state agencies have raised similar concerns at a state level. Valuation of Conservation Easements is an intense, advanced level educational endeavor dealing with one of the most controversial and scrutinized topics in valuation. It is designed for general certified appraisers who understand the methodology in the approaches to value and are ready to embark on understanding the intricacies involved in an often misunderstood and difficult type of appraisal.
This program will expose the participants to how broad the valuation of conservation easement really is, so the participants will learn that there are different approaches, solutions, and regulations in different areas of the country and for different clients. Participants will need to be exposed to a number of different properties so that they will have the competency knowledge of conservation easements. In particular, this course will focus on the valuation methodologies and techniques used in appraising conservation easements, as well as the regulatory framework within which conservation easements are traded.
Upon successful completion of the course and examination, the participants will have an understanding of the methodologies and techniques commonly used in valuing conservation easements. The participants will have a grasp of state, federal, and IRS regulations and requirements relating to conservation easements, and will have an understanding of the range of assignments that are common in valuing conservation easements.
Successful participants will be able to develop an effective scope of work for a conservation easement valuation assignment, apply concepts of Highest and Best Use Analysis to that assignment, and utilize a range of techniques to effectively carry out a conservation easement valuation. In particular, participants will be able to identify the unique issues that may apply to conservation easements, and will be able to complete the assignment(s) in accordance with the various state and federal agency requirements.
Those participants that successfully pass the examination will be given a Certificate of Completion. This will allow the participants to provide evidence of education in this specialized topic to potential employers.
Important Notice:
Upon successful completion of the Valuation of Conservation Easement program curriculum and passing the program exam, participants will receive a Certificate of Completion. This Certificate of Completion will provide participants with evidence that they have completed education in this topic for potential clients and employers.
THE CERTIFICATE OF COMPLETION DOES NOT PROVIDE CERTIFICATION OF ANY KIND, NOR DOES IT ATTEST TO THE COMPETENCY OF THE PARTICIPANTS.
Recipients of a Certificate of Completion may represent that they have completed the program’s curriculum and passed the examination. However, recipients of a Certificate of Completion may not represent themselves as certified in valuation of conservation easements, as holding a certification in valuation of conservation easements, or as having a specialization, competency, or expertise based solely on the successful completion of the program. The program provider does not assume any duty to the public for the services provided by program participants, or any other person or entity.
Codeveloped by the Appraisal Institute, ASFMRA, and ASA. The Land Trust Alliance also contributed to the success of this program.
Equipment
HP12C calculator
For Further Reading
Book
Dictionary of Real Estate Appraisal
Book
Uniform Appraisal Standards for Federal Land Acquisitions (also known as Yellow Book)
Disclaimer
Cancellation Policy
Up To 15 days prior to program start date, refund in full.
7 - 14 days prior to program start date, $100.00 cancellation fee.
Less than 7 days prior to program start date, forfeit of payment.
Continuing Education Credit
This course is approved for thirty-three (33) hours of ASA continuing education credit. This course might not be approved in all states by the offering date. Please check with your state board for state approval information.
Cancellations
This confirmation will serve as your receipt. All cancellations must be submitted in writing. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.
Other Information
If you have a disability and require accommodation, please notify the national office at least two weeks in advance and we will arrange for reasonable accommodation. The American Society of Appraisers reserves the right to cancel, limit, or reschedule the program and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.
IMPORTANT NOTICE:
Upon successful completion of the Valuation of Conservation Easement program curriculum and passing the program exam, participants will receive a Certificate of Completion. This Certificate of Completion will provide participants with evidence that they have completed education in this topic for potential clients and employers. THE CERTIFICATE OF COMPLETION DOES NOT PROVIDE CERTIFICATION OF ANY KIND, NOR DOES IT ATTEST TO THE COMPETENCY OF THE PARTICIPANTS. Recipients of a Certificate of Completion may represent that they have completed the program’s curriculum and passed the examination. However, recipients of a Certificate of Completion may not represent themselves as certified in valuation of conservation easements, as holding a certification in valuation of conservation easements, or as having a specialization, competency, or expertise based solely on the successful completion of the program. The program provider does not assume any duty to the public for the services provided by program participants, or any other person or entity.
Program materials will be picked up at the site.
Additional Information
Class Schedule:
Registration: 8 a.m. -- 8:30 a.m. First day of class.
Days 1, 2, 3, & 4: 8:30 a.m. -- 4:30 p.m. Lecture Hours
Day 5: 8:30 a.m. -- 12:00 p.m. Lecture Hours
Day 5: 1:10 p.m. -- 3:10 p.m. Examination
Attendance Policy:
The American Society of Appraisers issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100% with your grade notification letter. Please note, if ASA's attendance records indicate attendance of less than 100%, the student certificate will reflect this and state agencies may refuse to award credit.
Guest Room Rate:
DoubleTree Hotel & Conference Center - Chicago North Shore
9599 Skokie Blvd.
Skokie, IL 60077
Reservations: (847) 679-7000
Fax: (847) 679-2327
$129++ single/double occupancy.Deadline: Wednesday, January 2, 2008.
The Doubletree Hotel and Conference Center - Chicago North Shore just off Eden's Exwy. (I-94) is located in the upscale Chicago north suburb of Skokie, only minutes from downtown Chicago and O'Hare International Airport, adjacent to the North Shore Center for the Performing Arts. Guests enjoy first-rate Euro-inspired hotel accommodations and a state-of-the-art, meeting environment in a superior location.
Getting There: ASA has made special arrangements with My Chauffer for transportation from Chicago O'Hare Airport and Midway Airport. Call 800-244-6200 and be sure to mention you are with the American Society of Appraisers group. On Sunday, there will be three shuttle runs back to O'Hare at designated departure times. Taxis are also available, but to get the best fare please use suburban taxis, not city taxis.
The Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and
conducts its activities in accordance with federal, state and local laws.
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