Purpose of the Course
The seminar is designed to assist attorneys, appraisers and real estate professionals with valuation and other real estate appraisal questions in the context of litigation. The seminar is two days and offers the professional models to testify, procedural and evidentiary basics, Uniform Standards of Professional Appraisal Practices, and appraisal theory that is often misunderstood or misapplied.
Relevance of the Course
After years of experience and discussions with past students and attorneys that have been involved in cases, it is evident that there are common mistakes and misunderstandings concerning appraisal and consulting roles and applications of law and practice in the courts. There are literally billions of dollars in real estate cases in the country involving condemnation, property tax, leases, divorce, insurance claims and other settings where value and real estate consulting is an issue. However, there are very few quality seminars that help the attorney and real estate professional be a professional in a case. This seminar gives timely advice on how to be ethical and make sure the attorney is ethical. It also helps the participant keep the theory accurate in application and not fall for tricks that, until this seminar, have been learned largely by experience only after causing significant loss to a client.
1. To understand models of testifying
2. To understand commonly misapplied ethics within USPAP and conflicts with attorney ethics
3. To understand commonly misapplied standards within USPAP
4. To understand commonly misapplied Jurisdictional Exception considerations within USPAP and when they are at odds with attorney ethics and considerations
5. To understand common errors within the Cost Approach
6. To understand common errors within the Income Approach
7. To understand common errors within the Sales Comparison Approach
8. To understand the division between a legal and appraisal (fact) question
9. To understand the need for being objective, but adversarial (the attorney) throughout the litigation process
10. Understanding the legal & practical qualifying of an expert as well as when a potential job should be turned down
11. To understand Evidence rules that may apply to an attorney and appraiser
12. To know the difference between testifying & consulting witnesses
13. To be able to apply checklists in the process of providing appraisal or consulting services
14. To be able to offer better reporting and file contents
15. To understand when an “appraisal”, “review”, or “consulting service” is being offered
Registration: 8:00am, Seminar: 8:30am-5:00pm
Instructor: Ted Whitmer, MAI AI-GRS CRE CCIM AQB Certified USPAP Instructor served on the TALCB and was vice chairman of the Board. Ted is a Certified General Appraiser, licensed as a lawyer with the State of Texas and as a Real Estate Broker. Education includes a B.A. from Stephen F. Austin State University, an M.B.A. from Texas A&M University and a J.D. from the University of Houston Law Center.
AI Price: $495, Standard Price: $595
Approved for 16 Hrs CE Credit Alabama Real Estate Appraisers Board
Approved for 9 Hrs CE Credit Alabama Real Estate Commission
Approved for 16 Hrs CE Credit Mississippi Real Estate Appraisers Board
Approved for 16 Hrs CE Credit Georgia Real Estate Appraisers Board
Approved for 16 Hrs CE Credit Georgia Real Estate Commission
Approved for 16 Hrs CE Credit Tennessee Real Estate Appraisers Board
Approved for 16 Hrs CE Credit Florida Real Estate Appraisers Board
Approved for Attorneys: This course or a portion thereof has been approved by the Mandatory Continuing Legal Education Commission of Alabama for a maximum of 16 hours’ credit, including 0 hours of ethics.