Skip to Content (custom)

    Review Theory - General

    Register
    Date
    July 22-26, 2024
    Location
    Ontario, CA
    Sponsor
    Southern California Chapter
    Instructor
    Jacinto A. Munoz, Jr., MAI, SRA, AI-GRS, AI-RRS
    Class Time
    30 hours
    Exam Time
    3 Hours
    Full Price
    $1,200.00
    AI Price
    $900.00
    Enroll by July 22!
    View Pricing Options
    Course Description

    This fundamental review course that all reviewers of assignments involving income-producing and other nonresidential properties should have in their educational background. It is a required course for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS, Appraisal Institute General Review Specialist). At the core of this course is the review process. Participants explore the seven steps outlined in this process as they apply to nonresidential properties. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness to develop reconciled opinions of appropriateness and credibility. The material provides a refresher on key valuation skills often required of reviewers, such as measuring financial feasibility in highest and best use analysis and various applications of the income capitalization approach. In addition, the course covers reporting reviews for income-producing property and the use of commercial review report forms, narrative reports, and oral review reports. Participants will gain practice in writing a scope of work statement for three types of assignments. They will also develop a template for a narrative review report on a property type of their choice (office, retail, apartment, etc.). By taking this course, participants will gain invaluable confidence in the fundamentals of review through the review process, which is the core of this course. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness in order to develop opinions of appropriateness and credibility. By taking this course, participants may gain invaluable confidence on the fundamentals of review.


    Who Should Enroll
    • Certified general real property appraisers
    • Attorneys
    • Accountants
    • Government agency reviewers
    • Users of appraisal services
    AI CE Points
    Attend:
    275
    Attend & Pass Exam:
    375
    Pass Only:
    100
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 19383
    AK QE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 19383
    AL CE 30 30 Classroom Classroom 10/01/2022 09/30/2024 C02641
    AL QE 33 30 3 Classroom Classroom 10/01/2020 09/30/2024 C02869
    AR CE 33 30 3 Classroom Classroom 06/01/2022 02/20/2024 AI026
    AR CE 30 30 Classroom Classroom 06/01/2022 02/20/2024 AI026
    AR QE 33 30 3 Classroom Classroom 06/01/2022 02/20/2024 AI026
    AZ CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    AZ QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    CA CE 30 30 Classroom Classroom 09/20/2021 08/04/2025 13CP754601061
    CA QE 33 30 3 Classroom Classroom 09/20/2021 08/04/2025 13CP754601061
    CO CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 2465
    CO CE 30 30 Classroom Classroom 05/08/2023 02/20/2024 2465
    CO QE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 2465
    CT CE 30 30 Classroom Classroom 05/08/2023 02/20/2024 AAL.001049
    CT QE 33 30 3 Classroom Classroom 02/21/2021 02/20/2024
    DC CE 32 30 2 Classroom Classroom 03/01/2020 02/28/2024 4053
    DC CE 30 30 Classroom Classroom 03/01/2020 02/28/2024 4053
    DC QE 33 30 3 Classroom Classroom 07/19/2023 02/28/2024 6093
    DE CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    DE QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    GA CE 33 30 3 Classroom Classroom 07/20/2013 64070
    GA CE 30 30 Classroom Classroom 07/21/2013 64071
    GA QE 33 30 3 Classroom Classroom 11/12/2020 02/20/2024
    HI CE 30 30 Classroom Classroom 05/08/2023 12/31/2023 22-217
    HI CE 33 30 3 Classroom Classroom 05/08/2023 12/31/2023 22-217
    HI CE 30 30 Classroom Classroom 01/01/2024 02/20/2024 23-372
    HI CE 33 30 3 Classroom Classroom 01/01/2024 02/20/2024 23-372
    HI QE 33 30 3 Classroom Classroom 05/08/2023 12/31/2023 22-217
    HI QE 33 30 3 Classroom Classroom 01/01/2024 02/20/2024 23-372
    IA CE 30 30 Classroom Classroom 05/08/2023 02/20/2024 A518-1189
    IA CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 A518-1190
    IA QE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 A518-1191
    ID CE 33 30 3 Classroom Classroom 08/17/2017 02/20/2024 8362
    ID CE 30 30 Classroom Classroom 08/17/2017 02/20/2024 8362
    ID QE 33 30 3 Classroom Classroom 08/17/2021 02/20/2024
    IL CE 30 30 Classroom Classroom 01/01/2023 12/31/2024 575.001838
    IL QE 33 30 3 Classroom Classroom 11/29/2022 12/31/2024
    IN CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    IN QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    KS CE 30 30 Classroom Classroom 01/01/2023 12/31/2023 238.C22.R
    KS QE 33 30 3 Classroom Classroom 07/07/2023 12/31/2023 467.P23.N
    KY CE 33 30 3 Classroom Classroom 07/01/2023 06/30/2024
    KY QE 33 30 3 Classroom Classroom 07/01/2023 06/30/2024
    LA CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 A0226
    LA CE 30 30 Classroom Classroom 05/08/2023 02/20/2024 A0226
    LA QE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 A0226
    MA CE 30 30 Classroom Classroom 02/01/2023 02/20/2024 10051249
    MA QE 33 30 3 Classroom Classroom 07/13/2023 02/20/2024 120162
    MD CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    MD QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    ME CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    ME QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    MI CE 30 30 Classroom Classroom 05/07/2023 09/05/2026 20-1103324
    MI QE 33 30 3 Classroom Classroom 11/20/2023 11/20/2026 20 - 1111068
    MN CE 33 30 3 Classroom Classroom 09/01/2023 06/30/2024
    MN CE 30 30 Classroom Classroom 09/01/2023 08/31/2025
    MN QE 33 30 3 Classroom Classroom 08/23/2023 08/31/2025 1035764
    MO CE 27 27 Classroom Classroom 05/08/2023 02/20/2024
    MO QE 30 27 3 Classroom Classroom 05/08/2023 02/20/2024
    MS CE 30 30 Classroom Classroom 04/01/2023 02/24/2024 MAB #50492
    MS QE 33 30 3 Classroom Classroom 03/23/2023 02/24/2024 MAB #50492
    MT CE 30 30 Classroom Classroom 05/08/2023 02/20/2024 REA-CEC-REC-16696
    MT QE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 REA-CEC-REC-16696
    NC CE 30 30 Classroom Classroom 01/01/2023 12/31/2023 2091
    NC CE 30 30 Classroom Classroom 01/01/2023 12/31/2023 2091
    ND CE 30 30 Classroom Classroom 05/12/2023 02/20/2024 CE-223020
    ND CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 CE-223030
    ND CE 30 30 Classroom Classroom 05/08/2023 02/20/2024 CE-223030
    ND QE 33 30 3 Classroom Classroom 07/13/2023 02/20/2024 QE-223020
    NE CE 30 30 Classroom Classroom 02/20/2014 02/20/2024 2141406.02
    NE QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    NH CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024
    NH CE 30 30 Classroom Classroom 05/08/2023 02/20/2024
    NH QE 33 30 3 Classroom Classroom 09/06/2023 02/20/2024
    NJ CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    NJ QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    NM CE 30 30 Classroom Classroom 07/19/2023 02/20/2026 4266
    NM CE 33 30 3 Classroom Classroom 07/19/2023 02/20/2026 4266
    NM QE 33 30 3 Classroom Classroom 06/15/2023 02/20/2026 4266
    NV CE 33 30 3 Classroom Classroom 10/01/2020 07/31/2024 CE.0009737-A
    NV QE 33 30 3 Classroom Classroom 07/27/2023 07/31/2024 PL.0009582-A
    NY CE 28 28 Classroom Classroom 01/01/2023 12/31/2023 A4131-30
    NY CE 28 28 Classroom Classroom 01/01/2024 12/31/2024 A4862-28
    OH CE 30 30 Classroom Classroom 01/01/2023 12/31/2023 084303204A 22
    OH CE 30 30 Classroom Classroom 01/01/2024 12/31/2024 084402804A 22
    OH QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    OK CE 30 30 Classroom Classroom 05/08/2023 02/20/2024 850
    OK CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 842
    OK QE 33 30 3 Classroom Classroom 08/09/2023 02/20/2024 676
    OR CE 30 30 Classroom Classroom 05/08/2023 04/04/2026 APIN-C-0423-8983
    OR QE 33 30 3 Classroom Classroom 07/15/2023 04/04/2026 APIN-Q-
    PA CE 30 30 Classroom Classroom 05/08/2023 02/20/2024
    PA QE 33 30 3 Classroom Classroom 08/31/2022 02/20/2024
    PR CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    PR QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    RI CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024 REA.0002082-CE
    RI QE 33 30 3 Classroom Classroom 05/07/2023 02/20/2024
    SC CE 30 30 Classroom Classroom 09/01/2022 08/31/2024 CE1346
    SC QE 33 30 3 Classroom Classroom 09/01/2022 08/31/2024 QEE1364
    SD CE 30 30 Classroom Classroom 05/13/2022 05/13/2025 SD 991 CE
    SD QE 33 30 3 Classroom Classroom 07/18/2023 07/18/2026 SD 697
    TN CE 33 30 3 Classroom Classroom 10/01/2023 09/30/2025 1687
    TN CE 30 30 Classroom Classroom 10/01/2023 09/30/2025 1687
    TN QE 33 30 3 Classroom Classroom 04/05/2023 02/20/2024 REA.0002012-CE
    TX CE 30 30 Classroom Classroom 05/06/2023 02/20/2024 TX Provider #:10 Course #: 46278
    TX CE 33 30 3 Classroom Classroom 05/08/2023 05/16/2024 TX Provider #:10 Course #: 43311
    TX QE 33 30 3 Classroom Classroom 08/11/2023 02/20/2024 TX Provider #: 8038 Course #: 47192
    UT CE 33 30 3 Classroom Classroom 10/01/2020 07/31/2025 AC230709
    UT CE 30 30 Classroom Classroom 06/01/2022 06/30/2024 AC220602
    UT QE 33 30 3 Classroom Classroom 07/06/2023 07/31/2025 AQ230701
    VA CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    VA QE 33 30 3 Classroom Classroom 01/01/2022 09/30/2025 4006000910
    VT CE 30 30 Classroom Classroom 02/08/2021 02/08/2025
    VT QE 33 30 3 Classroom Classroom 07/10/2023 07/10/2027
    WA CE 33 30 3 Classroom Classroom 05/18/2023 02/20/2024 AP3090
    WA QE 33 30 3 Classroom Classroom 05/18/2023 02/20/2024 AP3090
    WI CE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    WI QE 33 30 3 Classroom Classroom 01/01/2022 02/20/2024 47905
    WV CE 30 30 Classroom Classroom 05/08/2023 02/20/2024
    WV CE 33 30 3 Classroom Classroom 05/08/2023 02/20/2024
    WY CE 33 30 3 Classroom Classroom 05/08/2023 05/07/2026 97
    WY QE 33 30 3 Classroom Classroom 01/01/2023 05/07/2026
    Course Objectives
    • Distinguish between appraisal and review.
    • Evaluate the necessary knowledge and skills required to complete reviews.
    • Distinguish between trivial and material errors.
    • Identify types of review assignments and the process employed in the reviewer’s scope of work.
    • Recognize regulatory compliance issues for review appraisers.
    • Identify the steps necessary to communicate the review effectively.

     

    Course Details
    Prerequisites
    None. However, please note that this course was written for appraisers at the certified general level.
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 07/22/2024
    $1,200.00 $900.00
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute January 30 - February 9, 2024 Synchronous View Details Register
    Appraisal Institute October 28 - November 7, 2024 Synchronous View Details Register
    Disclaimer Information

    ENROLLMENT

    Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The Southern California Chapter reserves the rights to cancel, limit, or reschedule this event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. There are NO transfers; you must cancel out of the offering.

     

    ATTENDANCE

    The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

     

    PREREQUISITES

    Some classes have prerequisites. Be sure to read the course description to find out if there are any prerequisites for this course.

     

    REQUIRED TEXTBOOKS

    Some classes have required textbooks. Be sure to read the class description to find out if there are any required textbooks for this course. There will not be any textbooks for purchase at the class. You must buy them ahead of time. If you arrive for a class without the required textbook credit for the class cannot be given and there will be no refund.

     

    REQUIRED EQUIPMENT

    Some classes require you bring a laptop and or other equipment. Be sure to read the class description to determine if any equipment is required. You are responsible for bringing your own extension cord(s). None will be provided. Please safeguard your equipment and personal belongings at all times. The Appraisal Institute, the Southern California Chapter, the Instructor or the facility will not be responsible for any loss of your personal belongings.

     

    CLASS MATERIALS TO DOWNLOAD

    Some classes are now available with downloadable materials. If you opted to download class materials instead of having them shipped to you, you will be required to bring the materials with you on a laptop or as a hard copy. If you do not have the materials with you credit for the class cannot be given and there will be no refund. Copies will not be available to you in the class. You are responsible for bringing your own extension cord(s). None will be provided.

     

    ADA COMPLIANCE

    It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute educational programs. If you need accommodations to participate because of a disability, please notify us in writing at least two weeks in advance of the program and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available.

     

    ATTENDANCE CERTIFICATE:

    With the recent transition to the Appraisal Institute’s NetForum registration system, attendance certificates will be available for download directly through the AI’s national website. The procedure to obtain your certificate is:

    Go to www.appraisalinstitute.org

    Log into Your AI Account

    Select Education/Events on the right sidebar

    See List of All Offerings

    Scroll to the specific offering which shows Registered and click

    At the very bottom of the screen, click Retrieve Certificate

    NOTE: Allow a minimum of ten business days for certificates to be available. The Chapter office cannot view, nor can we retrieve copies of your attendance certificate. Anyone having difficulty accessing their certificate should contact the Education Delivery Services Dept. directly at education@appraisalinstitute.org.

    Program materials can be downloaded by the student.