Choose your path
Find An Appraiser         Online Store         Donate         Lum Library         Join
 View Cart View Cart
0 Registrations in Cart
Appraisal Institute  
AI Resources Education Publications Professional Practice News Advocacy About Us
Select an Offering

General Appraiser Income Approach/Part 1

    Date: June 18 - 21, 2018   Location: Charlotte, NC
Category  General [Gen]  
Attendance Hours  27.0  
Exam Hours  3.0  
Current Price  $ 495.00 AI Price *  
$ 535.00 Full Price *  
* SAVE! early registration
Gary P. Taylor, MAI, SRA  
Name  Hilton Charlotte University Place  
Rep  Rosemary Johnson  
Address  8629 J.M. Keynes Drive  
City  Charlotte  
State  NC  
Zip  28403  
Phone  (704) 547-7444  
Click Here to check state approvals
  Sponsor / Contact  
Chapter  North Carolina
Contact Name  Paola Learoyd  
Phone  (919) 283-9525  

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 participant for the exam.

National Registry of CPE SponsorsThe Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site:

Delivery Method: Group-Live

Table of Contents and Overview (PDF)
Schedule (PDF)
• Those seeking General Appraiser certification

• Underwriters

• Lenders

• Assessors
• A financial calculator is required. The accepted model used in the course is the HP-12C. Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
• HP-12C calculator user's manual
• You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP-12C. Do not come to class expecting to be taught how to use a financial calculator.
• Free Review: Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar, Using Your HP-12C Financial Calculator
Basic Appraisal Principles
Basic Appraisal Procedures

Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

  For Further Reading  
  The Appraisal of Real Estate, 14th ed.  
  The Dictionary of Real Estate Appraisal , 6th ed.  
  Rates and Ratios Used in the Income Capitalization Approach  
  Mathematics for Real Estate Appraisers  
  Capitalization Theory and Techniques Study Guide, 3rd ed.  
Cancellation Policy
  • Up To 14 days prior to program start date, $30.00 cancellation fee.
  • 7 - 13 days prior to program start date, $50.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
      Program Material Policy

Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, you will automatically be charged a $25.00 fee and you may keep the material. Once the fee is charged, your refund will be processed. Material returns are no longer accepted. Contact the offering sponsor for more information.
  • Cancel Offering, $25.00 material fee.

Program materials can be downloaded by the student or can be shipped directly to the student. If you choose to have the material shipped and do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
  Additional Information  
A NCAI room block at the Charlotte Hilton University has been reserved for this course.

The rate is $159 a night; please call 704-547-7444 and mention the group name "NC Appraisal Institute" to reserve a room.



Appraisal Institute
200 W. Madison, Suite 1500, Chicago, IL 60606
888-7JOINAI (756-4624)  |
Contact Us   |   Site Map   |   Terms & Conditions   |   Privacy Policy   |   Advertise
  Copyright © 2017 Appraisal Institute. All rights reserved.