Community Land Trust (CLT) Appraisal Training
Register
- Date
- April 11, 2024
- Location
- Sponsor
- East Florida Chapter
- Instructor
- John R. Underwood, Jr., MAI, SRA
- Class Time
- 4
- Full Price
- $130.00
- AI Price
- $110.00
Enroll by April 11!
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.
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Who Should Enroll
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
Course Materials & Recommended Books
Pricing Options
Rate | Full Price | AI Price |
---|---|---|
Standard
Today thru 04/11/2024 |
$130.00 | $110.00 |
Additional Course Offerings
Sponsor | Date | Location | Format | ||
---|---|---|---|---|---|
Florida Gulf Coast Chapter | April 11, 2024 | Synchronous | View Details | Register | |
South Florida Chapter | April 11, 2024 | Synchronous | View Details | Register | |
Northeast Florida Chapter | April 11, 2024 | Synchronous | View Details | Register |
Disclaimer Information
Live stream/Synchronous and Classroom Continuing
Education: 4-Hours. Please note this live stream/synchronous class is
approved by the Florida Real Estate Appraisal Board and Appraisal Institute
continuing education credit. This class is also approved in other states
live stream/synchronous. Students licensed in other states should
determine current approval and requirements prior to registering.