Skip to Content (custom)

    Community Land Trust (CLT) Appraisal Training

    Register
    Date
    April 11, 2024
    Location
    Sponsor
    Florida Gulf Coast Chapter
    Instructor
    John R. Underwood, Jr., MAI, SRA
    Class Time
    4
    Full Price
    $130.00
    AI Price
    $110.00
    Enroll by April 10!
    View Pricing Options
    Course Description

    There is an approximate housing supply shortage of 3.8 million units in the U.S. – but community land trusts (CLTs) can help keep more homes affordable. CLTs are typically managed by public or nonprofit organizations and use a self-sustaining model for lasting affordability. CLTs sell a home at below-market value to an eligible homebuyer who secured financing from a lender. In exchange for getting an affordable home, the homeowner agrees to certain restrictions on home resale. To meet the growing demand for CLTs, Freddie Mac and the Appraisal Institute are offering comprehensive training to provide appraisers with the tools and knowledge they need to accept and complete more CLT appraisal assignments. Enroll today to grow your business and increase affordable homeownership opportunities.
     

    Enroll today to grow your business and increase affordable homeownership opportunities.

     
     
     
    Who Should Enroll
    Residential appraisers, Lenders
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 4 4 Synchronous Livestream 11/14/2022 10/27/2025 19106
    AK CE 4 4 Synchronous Synchronous 11/14/2022 10/27/2025 19106
    AL CE 4 4 Synchronous Livestream 11/17/2022 09/30/2024 C02801
    AL CE 4 4 Synchronous Livestream 11/17/2022 09/30/2024 C02801
    AL CE 4 4 Synchronous Synchronous 11/17/2022 09/30/2024
    AR CE 4 4 Synchronous Livestream 11/03/2022 11/03/2024
    AR CE 4 4 Synchronous Synchronous 11/01/2022 10/27/2025 19106
    AR CE 4 4 Synchronous Synchronous 11/09/2022 11/09/2024 45957
    AZ CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    AZ CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    AZ CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    CA CE 4 4 Synchronous Livestream 11/23/2022 11/22/2026 22CP754601523
    CA CE 4 4 Synchronous Livestream 11/23/2022 11/22/2026 22CP754601523
    CA CE 4 4 Synchronous Synchronous 11/23/2022 11/22/2026 22CP754601524
    CO CE 4 4 Synchronous Livestream 12/30/2022 10/27/2025 2298
    CO CE 4 4 Synchronous Livestream 12/30/2022 10/27/2025 2298
    CO CE 4 4 Synchronous Synchronous 10/31/2022 10/27/2025 2298
    CT CE 4 4 Synchronous Livestream 12/09/2022 12/31/2023 AAL.000999
    CT CE 4 4 Synchronous Synchronous 12/09/2022 10/19/2025 AAL.001000
    CT CE 4 4 Synchronous Livestream 10/11/2023 10/27/2025 AAL.001130
    DC CE 4 4 Synchronous Livestream 07/19/2023 02/28/2024 6098
    DC CE 4 4 Synchronous Synchronous 07/19/2023 02/28/2024 6098
    DE CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    DE CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    FL CE 4 4 Synchronous Livestream 03/16/2023 09/19/2025 0010631
    FL CE 4 4 Synchronous Synchronous 07/12/2023 01/22/2025
    GA CE 4 4 Synchronous Livestream 10/31/2022 75819
    GA CE 4 4 Synchronous Synchronous 11/10/2022 75819
    HI CE 4 4 Synchronous Livestream 11/07/2023 12/31/2024 23-474
    HI CE 4 4 Synchronous Synchronous 11/07/2023 12/31/2024 23-398
    IA CE 4 4 Synchronous Livestream 07/12/2023 10/27/2025
    IA CE 4 4 Synchronous Synchronous 11/09/2022 10/19/2025 A518-1054
    ID CE 4 4 Synchronous Livestream 11/10/2022 11/14/2024
    ID CE 4 4 Synchronous Synchronous 11/10/2022 11/14/2024
    IL CE 4 4 Synchronous Livestream 01/10/2023 12/31/2024 575.010616
    IL CE 4 4 Synchronous Synchronous 01/10/2023 12/31/2024 575.010615
    IN CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195-DUPLICATE
    IN CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    IN CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    KS CE 4 4 Synchronous Livestream 01/01/2023 12/31/2023 385.C23.R
    KS CE 4 4 Synchronous Synchronous 01/01/2023 12/31/2023 385.C22.N
    KY CE 4 4 Synchronous Livestream 07/01/2023 06/30/2024
    KY CE 4 4 Synchronous Synchronous 07/01/2023 06/30/2024
    LA CE 0 0 Synchronous Livestream 10/31/2022 12/31/2025 A0357
    LA CE 4 4 Synchronous Synchronous 11/30/2022 12/31/2023
    MA CE 4 4 Synchronous Livestream 07/13/2023 07/13/2025 120163
    MA CE 4 4 Synchronous Synchronous 07/13/2023 07/13/2025 120163
    MD CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    MD CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    MD CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    ME CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    ME CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    ME CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    MI CE 4 4 Synchronous Livestream 11/07/2022 10/27/2025 2379
    MI CE 4 4 Synchronous Synchronous 11/14/2022 10/27/2025 3531
    MN CE 4 4 Synchronous Livestream 11/15/2022 11/30/2024
    MN CE 4 4 Synchronous Synchronous 11/15/2022 11/30/2024 1034421
    MO CE 4 4 Synchronous Livestream 11/21/2022 10/19/2025
    MO CE 4 4 Synchronous Synchronous 11/21/2022 10/19/2025
    MS CE 4 4 Synchronous Livestream 11/17/2022 11/17/2024 MAB #50455
    MS CE 4 4 Synchronous Synchronous 11/17/2022 11/17/2024 MAB 50456
    MT CE 4 4 Synchronous Livestream 07/11/2023 10/27/2025 REA-CEC-REC-16833
    MT CE 4 4 Synchronous Synchronous 11/15/2022 10/19/2025 REA-CEC-REC-15856
    NC CE 4 4 Synchronous Livestream 01/01/2023 12/31/2023 4526
    NC CE 4 4 Synchronous Synchronous 01/01/2023 12/31/2023 4526
    NC CE 4 4 Synchronous Synchronous 01/01/2023 12/31/2023 4526
    ND CE 4 4 Synchronous Livestream 07/13/2023 10/27/2025 CE-223057
    ND CE 4 4 Synchronous Synchronous 07/13/2023 10/27/2025 CE-223057
    NE CE 4 4 Synchronous Synchronous 09/06/2023 09/06/2028 2233486.02
    NE CE 4 4 Synchronous Livestream 09/06/2023 09/06/2028 2233486.02
    NH CE 4 4 Synchronous Livestream 12/15/2022 10/27/2025
    NH CE 4 4 Synchronous Synchronous 12/15/2022 10/19/2025
    NJ CE 4 4 Synchronous Livestream 11/16/2022 10/27/2025 2022-3473
    NJ CE 4 4 Synchronous Synchronous 11/17/2022 10/27/2025 2022-3474
    NM CE 4 4 Synchronous Livestream 12/23/2022 10/19/2025 4166
    NM CE 4 4 Synchronous Synchronous 12/23/2022 10/29/2025
    NV CE 4 4 Synchronous Livestream 11/03/2022 11/03/2024 CE.0009618-A
    NV CE 4 4 Synchronous Synchronous 12/01/2023 11/03/2024 CE.0009618-A
    NY CE 4 4 Synchronous Livestream 01/01/2023 12/31/2023 A5579-04
    NY CE 4 4 Synchronous Synchronous 01/01/2023 12/31/2023 A5579-04
    NY CE 4 4 Synchronous Synchronous 01/01/2024 12/31/2024 A5579-04
    NY CE 4 4 Synchronous Livestream 01/01/2024 12/31/2024 A5579-04
    OH CE 4 4 Synchronous Livestream 01/01/2023 12/31/2023 084304710A 22
    OH CE 4 4 Synchronous Synchronous 01/01/2023 12/31/2023 084304710A 22
    OK CE 4 4 Synchronous Synchronous 11/14/2022 10/27/2025 909
    OK CE 4 4 Synchronous Livestream 08/11/2023 10/27/2025 710
    OR CE 4 4 Synchronous Livestream 11/09/2022 10/19/2025 APIN-C-1122-8952
    OR CE 4 4 Synchronous Synchronous 11/09/2022 10/19/2025 APIN-C-1122-8952
    PA CE 4 4 Synchronous Livestream 11/09/2022 10/27/2025
    PA CE 4 4 Synchronous Synchronous 11/21/2022 10/27/2025 000002
    PR CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    PR CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    PR CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    RI CE 4 4 Synchronous Livestream 11/02/2022 10/27/2025 REA.0001936-CE
    RI CE 4 4 Synchronous Synchronous 11/16/2022 10/27/2025 REA.0001937-CE
    SC CE 4 4 Synchronous Livestream 11/02/2022 08/31/2024 2063
    SC CE 4 4 Synchronous Synchronous 11/02/2022 08/31/2024 2063
    SD CE 4 4 Synchronous Livestream 11/07/2022 11/07/2025 SD 1562 CE
    SD CE 4 4 Synchronous Synchronous 11/07/2022 11/07/2025 SD 1561 CE
    TN CE 4 4 Synchronous Livestream 11/01/2022 11/30/2024 2632
    TN CE 4 4 Synchronous Synchronous 11/01/2022 11/30/2024 2623
    TX CE 4 4 Synchronous Livestream 11/04/2022 10/27/2024 TX Provider #:10 Course #: 44721
    TX CE 4 4 Synchronous Synchronous 11/04/2022 10/27/2024 TX Provider #:10 Course #:44903
    UT CE 4 4 Synchronous Livestream 11/16/2022 11/30/2024 AC221120
    UT CE 4 4 Synchronous Synchronous 11/16/2022 11/30/2024 AC221120
    VA CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    VA CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    VT CE 4 4 Synchronous Livestream 07/10/2023 07/10/2027
    VT CE 4 4 Synchronous Synchronous 07/10/2023 07/10/2027
    WA CE 4 4 Synchronous Livestream 11/02/2022 10/27/2025 A22030734
    WA CE 4 4 Synchronous Synchronous 11/10/2022 10/19/2025 A22033154
    WI CE 4 4 Synchronous Livestream 10/27/2022 10/27/2025 83195
    WI CE 4 4 Synchronous Synchronous 10/27/2022 10/27/2025 83195
    WV CE 4 4 Synchronous Livestream 02/02/2023 10/27/2025
    WV CE 4 4 Synchronous Synchronous 02/02/2023 10/27/2025
    WY CE 4 4 Synchronous Livestream 12/09/2022 12/09/2025 1904
    WY CE 4 4 Synchronous Synchronous 12/30/2022 10/27/2025
    Course Objectives
    • Define community land trusts (CLTs) and their purpose.
    • Understand the CLT shared equity ownership model—residential home ownership on CLT-owned land.
    • Identify fee simple, leased fee, and leasehold interests.
    • Review the ground lease purpose, restrictions, and provisions.
    • Recognize primary and secondary lending sources.
    • Identify CLT resale formulas.
    • Select appropriate comparable sales.
    • Identify supplemental assignments conditions for each of the secondary lenders that purchase CLT mortgage loans.
    • Understand appropriate methodology for supporting an appropriate leased fee value opinion.
    • Understand appropriate methodology for developing and reporting a credible opinion of leasehold value.
    • Identify required data/fields for CLT valuations that meet supplemental assignment requirements for secondary market lenders.
    • Review a sample report for compliance with applicable standards and supplemental assignment requirements.
    Course Details
    Prerequisites
    None
    Course Materials & Recommended Books
    None specified
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 04/10/2024
    $130.00 $110.00
    Additional Course Offerings
    Sponsor Date Location Format
    South Florida Chapter April 11, 2024 Synchronous View Details Register
    Northeast Florida Chapter April 11, 2024 Synchronous View Details Register
    East Florida Chapter April 11, 2024 Synchronous View Details Register
    Disclaimer Information

    State CE Credit:  This is a live stream/synchronous class and classroom offering it is approved for Florida Real Estate Appraisal Board and Appraisal Institute continuing education credit.  This class is also approved in other states live stream/synchronous and classroom.  You should determine current education approval and requirements.

     

    Continuing Education Credit:

    Appraisal Institute: 20 points

    Florida Real Estate Appraisal Board:  4-Hours, 0010513 Live stream/Synchronous – Appraisal Institute - National