- Date
- April 20-23, 2026
- Time
- 8:30AM - 4:30PM (EST)
- Sponsor
- Bluegrass Chapter
- Location
- Country Inn & Suites
1241 Kentucky Mills Dr.
Louisville, KY 40299
- Instructor
- Rick L. Carlile, MAI, SRA
- Class Time
- 27 hours
- Exam Time
- 3 Hours
- Full Price
- $550.00
- AI Price
- $525.00
Course Description
Who Should Enroll
- Those seeking general real property appraiser certification
- Underwriters
- Lenders
- Assessors
AI CE Points
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|
| AK | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 19926 |
| AK | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 19926 |
| AL | CE | 27 | 27 | Classroom | 11/14/2024 | 09/30/2026 | C02673 | |
| AL | QE | 30 | 27 | 3 | Classroom | 11/14/2024 | 09/30/2026 | C02673 |
| AR | CE | 27 | 27 | Classroom | 05/07/2024 | 04/16/2026 | AI013 | |
| AR | QE | 30 | 27 | 3 | Classroom | 05/07/2024 | 04/16/2026 | AI013 |
| AZ | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| AZ | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| CA | CE | 27 | 27 | Classroom | 02/18/2025 | 01/28/2029 | 09754130 | |
| CA | CE | 30 | 27 | 3 | Classroom | 02/18/2025 | 01/28/2029 | 09754130 |
| CA | QE | 30 | 27 | 3 | Classroom | 02/18/2025 | 01/28/2029 | 09754130 |
| CO | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/16/2027 | 2618 |
| CO | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/16/2027 | 2618 |
| CT | CE | 18 | 18 | Classroom | 11/13/2024 | 04/11/2027 | AAL.001310 | |
| CT | QE | 30 | 27 | 3 | Classroom | 05/08/2024 | 04/11/2027 | APR.000342 |
| DC | CE | 30 | 27 | 3 | Classroom | 04/19/2023 | 02/28/2026 | 6113 |
| DC | CE | 27 | 27 | Classroom | 02/29/2024 | 02/28/2026 | 6113 | |
| DC | QE | 30 | 27 | 3 | Classroom | 04/19/2023 | 02/28/2026 | 3004 |
| DE | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| DE | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| FL | CE | 20 | 20 | Classroom | 03/31/2023 | 04/27/2027 | 0008627 | |
| FL | QE | 30 | 27 | 3 | Classroom | 10/30/2025 | 10/29/2027 | 0010965 |
| GA | CE | 27 | 27 | Classroom | 04/23/2009 | 04/11/2027 | 51430 | |
| GA | CE | 30 | 27 | 3 | Classroom | 04/22/2009 | 04/11/2027 | 58530 |
| GA | QE | 30 | 27 | 3 | Classroom | 04/22/2009 | 04/11/2027 | 58530 |
| HI | CE | 27 | 27 | Classroom | 02/01/2025 | 04/11/2027 | 24-205 | |
| HI | QE | 30 | 27 | 3 | Classroom | 02/01/2025 | 04/11/2027 | 24-205 |
| IA | CE | 27 | 27 | Classroom | 06/13/2024 | 04/11/2027 | A518-2229 | |
| IA | CE | 30 | 27 | 3 | Classroom | 06/13/2024 | 04/11/2027 | A518-2230 |
| IA | QE | 30 | 27 | 3 | Classroom | 06/13/2024 | 04/11/2027 | A518-2231 |
| IL | CE | 27 | 27 | Classroom | 01/01/2023 | 12/31/2026 | 575.001432 | |
| IL | QE | 30 | 27 | 3 | Classroom | 01/01/2023 | 12/31/2026 | 573.000529 |
| IN | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| IN | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| KS | CE | 27 | 27 | Classroom | 01/01/2025 | 12/31/2025 | 190.C25.R | |
| KS | QE | 30 | 27 | 3 | Classroom | 01/01/2025 | 12/31/2025 | 309.P25.R |
| KY | CE | 27 | 27 | Classroom | 05/31/2025 | 06/30/2026 | ||
| KY | CE | 30 | 27 | 3 | Classroom | 05/31/2025 | 06/30/2026 | |
| KY | QE | 30 | 27 | 3 | Classroom | 05/31/2025 | 06/30/2026 | |
| LA | CE | 27 | 27 | Classroom | 11/05/2025 | 04/11/2027 | A0428 | |
| LA | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | A0111 |
| MA | CE | 27 | 27 | Classroom | 04/25/2024 | 04/11/2027 | 10051186 | |
| MA | QE | 30 | 27 | 3 | Classroom | 04/25/2024 | 04/11/2027 | 10051171 |
| MD | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| MD | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| ME | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| ME | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| MI | CE | 27 | 27 | Classroom | 04/23/2024 | 04/16/2027 | 20-1197134 | |
| MI | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/16/2027 | 20-1197068 |
| MO | CE | 27 | 27 | Classroom | 04/23/2024 | 04/11/2027 | ||
| MO | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | |
| MS | CE | 27 | 27 | Classroom | 04/23/2024 | 04/26/2026 | MAB #49216 | |
| MS | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/26/2026 | MAB #49216 |
| MT | CE | 27 | 27 | Classroom | 04/23/2024 | 04/11/2027 | REA-CEC-REC-17971 | |
| MT | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | REA-CEC-REC-17971 |
| NC | QE | 30 | 27 | 3 | Classroom | 01/01/2025 | 12/31/2025 | |
| ND | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| ND | QE | 30 | 27 | 3 | Classroom | 08/25/2014 | 04/11/2027 | QE-214007S, 46456 |
| NE | QE | 30 | 27 | 3 | Classroom | 01/22/2015 | 04/11/2027 | 1151402.02 |
| NH | CE | 27 | 27 | Classroom | 04/23/2024 | 04/22/2026 | ||
| NH | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/22/2026 | |
| NJ | CE | 27 | 27 | Classroom | 04/23/2024 | 04/11/2027 | 2024-3016 | |
| NJ | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 2024-3016 |
| NM | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 4024 |
| NM | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 4024 |
| NV | CE | 27 | 27 | Classroom | 10/10/2025 | 10/31/2026 | CE.0009597-A | |
| NY | QE | 30 | 27 | 3 | Classroom | 10/01/2025 | 09/30/2026 | Q0214-G7 |
| OH | CE | 27 | 27 | Classroom | 01/01/2025 | 12/31/2025 | 084504403A 25 | |
| OH | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| OK | CE | 27 | 27 | Classroom | 04/23/2024 | 04/11/2027 | 719 | |
| OK | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 661 |
| OR | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | APIN-Q-0424-9028 |
| PA | CE | 27 | 27 | Classroom | 05/30/2024 | 05/30/2027 | ||
| PA | QE | 30 | 27 | 3 | Classroom | 05/30/2024 | 05/30/2027 | |
| PR | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| PR | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| RI | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | REA.0002188-CE |
| RI | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | REA.0002188-CE |
| SC | CE | 30 | 27 | 3 | Classroom | 09/01/2024 | 08/31/2026 | AC . 768 |
| SC | QE | 30 | 27 | 3 | Classroom | 09/01/2024 | 08/31/2026 | AC . 768, QE13768 |
| SD | CE | 30 | 27 | 3 | Classroom | 03/26/2025 | 04/11/2027 | SD 717 |
| SD | QE | 30 | 27 | 3 | Classroom | 03/26/2025 | 04/11/2027 | SD 717 |
| TN | CE | 27 | 27 | Classroom | 05/01/2025 | 04/30/2027 | 1284 | |
| TN | QE | 30 | 27 | 3 | Classroom | 05/01/2025 | 04/30/2027 | 1284 |
| TX | CE | 27 | 27 | Classroom | 04/24/2024 | 03/31/2026 | TX Provider #:10 Course #:48435 | |
| TX | QE | 30 | 27 | 3 | Classroom | 04/24/2024 | 04/11/2027 | TX Provider #: 8038 Course #:49510 |
| UT | CE | 27 | 27 | Classroom | 12/01/2023 | 11/30/2025 | AC231117 | |
| UT | QE | 30 | 27 | 3 | Classroom | 12/01/2023 | 11/30/2025 | AQ231129 |
| VA | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| VA | QE | 30 | 27 | 3 | Classroom | 08/06/2025 | 08/31/2027 | 4006000941 |
| VT | CE | 27 | 27 | Classroom | 05/23/2024 | 05/23/2028 | CA-245779 | |
| VT | QE | 30 | 27 | 3 | Classroom | 05/23/2024 | 05/23/2028 | CA-245780 |
| WA | CE | 27 | 27 | Classroom | 09/12/2025 | 04/11/2027 | A25027039 | |
| WA | QE | 30 | 27 | 3 | Classroom | 09/12/2025 | 04/11/2027 | A25027039 |
| WI | CE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| WI | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | 46456 |
| WV | CE | 27 | 27 | Classroom | 04/23/2024 | 04/11/2027 | ||
| WV | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/11/2027 | |
| WY | CE | 27 | 27 | Classroom | 04/23/2024 | 04/17/2027 | 62 | |
| WY | QE | 30 | 27 | 3 | Classroom | 04/23/2024 | 04/17/2027 | 62 |
Course Objectives
- Forecast incomes and expenses for a multiyear holding period.
- Forecast reversions for a multiyear holding period.
- Discount overall mortgage and equity cash flows to present value.
- Use yield capitalization formulas to calculate present value.
- Use data and sources to select and support risk-adjusted discount rates.
- Solve problems in lease analysis, risk and investment analysis, leverage, and subdivision analysis.
- Value partial interests.
Course Details
Program Overview:
Table of Contents and Overview
Course Schedule
Assignments:
No
Equipment:
- A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
- You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
- For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
- HP-12C calculator User’s Manual.
Additional Information:
Course Materials Include:
- Course Handbook (489 pp.)
- Solutions Booklet and Self-Study Problems (396 pp.)
- Case Study Solutions (48 pp.)
- Symbols & Formulas (18 pp.)
You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.
Requirements:
None specified
Prerequisites
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 04/14/2026 |
$550.00 | $525.00 |
| Late
After 04/15/2026 |
$570.00 | $545.00 |
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Houston Chapter | November 10-14, 2025 | Houston, TX | Classroom | View Details | Register |
| Appraisal Institute | On Demand | Online | View Details | Register | |
| Chicago Chapter | September 8-11, 2026 | Chicago, IL | Classroom | View Details | Register |
Event Information
Class Materials: Tuition fee includes the
pdf downloadable copy of class materials. Students may purchase a print
copy of class materials for an additional fee at time of registration. No class materials will be available
at class.
Tips on Downloading the class materials:
- Log in to My
Account (https://www.appraisalinstitute.org/)
- Select Education
& Events (right sidebar)
- See list of your registered offerings, scroll to class name and select View
You will now see a box that contains downloadable program materials
Course Schedule: Sign-in
8:15 a.m. Class 8:30 a.m. – 4:30 p.m. Exam is in the afternoon of last day of
class. 100% Attendance is required for all Appraisal Institute education
programs. Students should not be late or leave early. Those missing class times
may not receive credit.
Class Location: Country Inn & Suites,
1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434. Ask for Bluegrass Chapter rate
Hotels in area:
Fairfield
Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171
Microtel, 1221 Kentucky Mills Dr, Louisville, KY (502) 266-6590
Tru By Hilton Louisville East, 11505 Bluegrass Parkway, Louisville, KY (502)
208-2900
Holiday Inn Express, 1620 Alliant Ave., Louisville, KY (502) 240-0035
Hilton Garden Inn, 1530 Alliant Ave, Louisville, KY (502) 297-8066
Hampton Inn, 1451 Alliant Ave. Louisville, KY (502)809-9901
LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889
Quality Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100
***Discount link for the Clarion Pointe: http://www.choicehotels.com/ires/en-US/html/ArrivalInfo?hotel=KY264&srp=LBLUEG&pu=no