Appraising Residential Property on Tribal Lands in Closed Market Areas

There has been increased focus on mortgage lending in underserved areas, including residences in rural areas and properties on tribal land with leasehold interests. Appraising Residential Property on Tribal Lands in Closed Market Areas was developed to educate appraisers on the issues, realities, principles, and procedures of appraising residential property within Native American reservations, also referred to as tribal lands.

This 4-hour program is designed to increase appraisers’ understanding of best practices for appraising tribal land properties, thereby increasing confidence in lending and valuations. The issues herein are not unique to tribal land; variations of the issues are found in many real estate markets throughout the United States.

The topics presented in this seminar will give appraisers a new perspective that will enhance their understanding of other appraisal types beyond fee simple.