CHICAGO (March 4, 2021) – RealEstateRama – The Appraisal Institute on Feb. 22 debuted a new and improved education offering, “Appraising Condos, Co-ops, and PUDs.”
“Appraising Condos, Co-ops, and PUDs” is a 7-hour education offering that previously premiered online. This seminar builds the foundation for the discussion on appraising residential properties in community associations, and helps examines the four specific groups of community organizations: condominiums, cooperatives, planned unit developments and condominium hotels.
The seminar addresses the following questions:
- Why it is necessary to know how to identify the property type;
- Why it is important to have a full understanding of the governing documents;
- Why the property location must be understood; and
- Why it is critical to analyze the market.
The seminar also examines how condominiums, cooperatives and PUDs fit in the valuation process, and how the bundle of rights is affected by the ownership rights associated with these property types.
The next virtual offering is March 19 and will be hosted by the Appraisal Institute Tennessee Chapter. Learn more and register here.
The Appraisal Institute is a global professional association of real estate appraisers, with nearly 17,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.
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