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    General Appraiser Income Approach/Part 1

    Register
    Date
    November 2 - December 12, 2023
    Location
    San Juan, PR
    Sponsor
    Puerto Rico and Caribbean Chapter
    Instructor
    J. Javier Ortiz del Valle, MAI
    Rafael E. Bonnin-Suris, MAI
    Class Time
    27 hours
    Exam Time
    3 Hours
    No Longer Available
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    Classroom
    Topics:
    Valuation Approaches
    Upgrade your career
    Commercial
    Course Description
    After a brief review and introduction, General Appraiser Income Approach/Part 1 opens with a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. A thorough, detailed analysis of gross income including leases and the various expenses appropriately deducted from gross income follows, with realistic case studies of several income property types. Direct capitalization is then presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the taught concepts to prepare participants for the exam.

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    Who Should Enroll
    • Those seeking general real property appraiser certification    
    • Underwriters    
    • Lenders    
    • Assessors    
    AI CE Points
    Attend:
    175
    pts
    Attend & Pass Exam:
    225
    pts
    Pass Only:
    200
    pts
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    Course Objectives
    • Expand competencies in performing income and expense analysis.    
    • Gain a foundation in direct capitalization techniques and applications.    
    • Extract and apply rates from the market.    
    • Identify fundamentals of risk and investment analysis.    
    • Expand competency in compound interest theory and calculations.    
    • Forecast revenues.    
    • Estimate expenses.    
    • Value partial interests.
    Course Details
    Classroom & Synchronous

    Table of Contents and Overview
    Course Schedule
    Online


    Online Syllabus
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    Disclaimer Information


    Disclaimer Information

    100% attendance is required

    National Disclaimer

    State Credit

    Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

    Other Information

    If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

    The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.