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    Appraising Condos, Co-ops, and PUDs

    More Info Register
    On Demand
    Date
    On Demand
    Sponsor
    Appraisal Institute
    Location
    Instructor
    Maureen B. Sweeney, SRA, AI-RRS
    Class Time
    7 hours
    Full Price
    $145.00
    AI Price
    $120.00
    Course Description
    Single-family attached homes like condominiums, cooperatives, and townhouses are the primary housing option in many urban markets. New construction detached houses are typically in subdivisions and master plan communities. Age-restricted communities are popular with retirees. Most of these developments have one thing in common: they all have associations which are governed by condominium declarations, bylaws, and/or covenants, conditions, and restrictions which affect the bundle of rights. The first part of this seminar builds the foundation for the discussion on appraising residential properties in community associations. You’ll learn why it is necessary to know how to identify the property type, why it is important to have a full understanding of the governing documents, why you need to understand where it is located, and why it’s critical to analyze the market. From there, you’ll examine the four specific groups of community organizations: condominiums, cooperatives, planned unit developments (PUDs), and condominium hotels.  
     
    Who Should Enroll
    • Residential appraisers
    AI CE Points
    Attend:
    35
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 7 7 Online Online 10/27/2023 07/26/2026 19485
    AL CE 7 7 Online Online 10/01/2022 09/30/2024 C02837
    AR CE 7 7 Online Online 12/15/2022 12/01/2024
    AR CE 7 7 Online Online 07/28/2023 12/01/2024 AI033
    AZ CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    CA CE 7 7 Online Online 08/25/2020 08/24/2024 20CP754601437
    CO CE 7 7 Online Online 08/06/2023 08/05/2026 2428
    CT CE 7 7 Online Online 07/28/2023 06/14/2026 AAL.001068
    DC CE 7 7 Online Online 02/29/2024 02/28/2026 6091
    DE CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    FL CE 7 7 Online Online 11/21/2023 11/20/2025 0010635
    GA CE 7 7 Online Online 07/13/2023 07/27/2026
    HI CE 7 7 Online Online 11/07/2023 12/31/2024 23-336
    IA CE 7 7 Online Online 07/28/2023 07/27/2026 A518-1118
    ID CE 7 7 Online Online 08/06/2023 08/05/2026
    IL CE 7 7 Online Online 01/01/2023 12/31/2024 575.010457
    IN CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    KS CE 7 7 Online Online 01/01/2024 12/31/2024 203.C24.R
    KY CE 7 7 Online Online 07/01/2023 06/30/2024
    LA CE 7 7 Online Online 08/06/2023 07/27/2026 A0326
    MA CE 7 7 Online Online 08/06/2023 08/05/2026 120116
    MD CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    ME CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    MI CE 7 7 Online Online 09/13/2023 09/13/2026 20 - 1107030
    MN CE 7 7 Online Online 07/17/2023 07/31/2025 1035563
    MO CE 7 7 Online Online 06/05/2023 07/27/2026
    MS CE 7 7 Online Online 07/28/2023 07/27/2025 MAB #50245
    MT CE 7 7 Online Online 09/04/2023 08/05/2026 REA-CEC-REC-16890
    NC CE 7 7 Online Online 01/01/2024 12/31/2024 4379
    ND CE 7 7 Online Online 08/06/2023 08/05/2024 CE-223050
    NE CE 7 7 Online Online 08/31/2020 08/31/2025 2202439.02
    NH CE 7 7 Online Online 07/28/2023 08/05/2026
    NJ CE 7 7 Online Online 10/21/2020 2008-3002
    NM CE 7 7 Online Online 07/28/2023 07/27/2026 4292
    NV CE 7 7 Online Online 07/01/2023 06/30/2024 CE.0009375-A
    NY CE 7 7 Online Online 01/01/2024 12/31/2024 A5202-07
    OH CE 7 7 Online Online 01/01/2024 12/31/2024 923402405A 23
    OK CE 7 7 Online Online 08/06/2023 08/05/2026 929
    OR CE 7 7 Online Online 07/28/2023 08/05/2026 APIN-C-0523-8992
    PA CE 7 7 Online Online 07/28/2023 08/05/2026
    PR CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    RI CE 7 7 Online Online 08/06/2023 08/05/2026 REA.0002038-CE
    SC CE 7 7 Online Online 09/01/2022 08/31/2024 DE1907
    SD CE 7 7 Online Online 12/08/2023 09/25/2026 SD 1434 CE
    TN CE 7 7 Online Online 10/01/2022 09/30/2024 2421
    TX CE 7 7 Online Online 08/06/2023 08/31/2025 TX Provider #:10 Course #:44077
    UT CE 7 7 Online Online 08/29/2022 08/31/2024 AC220808
    VA CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    VT CE 7 7 Online Online 08/13/2020 08/13/2024 CA-6497
    WA CE 7 7 Online Online 07/28/2023 07/27/2026 A20109502
    WI CE 7 7 Online Online 08/04/2023 08/05/2026 74806
    WV CE 7 7 Online Online 08/06/2023 08/05/2026
    WY CE 7 7 Online Online 08/06/2023 08/05/2026
    Course Objectives
    • Identify the differences between condominiums, cooperatives, and planned unit developments.
    • Understand how the bundle of rights is affected by the ownership rights associated with these property types.
    • Understand how condominiums, cooperatives, and planned unit developments fit in the valuation process.
    • Discover which questions to ask when collecting data for condominiums, cooperatives, and planned unit developments.
    • Provide credible assignment results to your client and intended users.
    Course Details

    Program Overview:
    Online Syllabus

    Assignments:

    Yes.
     
    Online Program: Please note that participants must complete mandatory assignments and exercises in the program. Feedback will be at the discretion of the instructor. If you have questions or would like to request specific comments on your submitted assignment or exercise, please contact the instructor. Please allow up to 5 days for the instructor to reply to your review request.

    Additional Information:
    Online Course Access
    Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
    1. Click "Education and Events" on the right navigation menu.
    2. Find the course under the “Online Courses” heading and click the “Begin” button.
    IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

    Other Details:
    For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.

    Requirements:
    Online Education FAQ

    Event Information
    Students should confirm state approvals prior to registering for any Appraisal Institute program.