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Review Theory - General

CALL   Date: March 6 - 10, 2018   Location: Addison, TX
 
  Course  
Category  General [Gen]  
Attendance Hours  30.0  
Exam Hours  3.0  
Current Price  $ 800.00 AI Price  
$ 1,100.00 Full Price  
 
  Instructor  
Jay M. Massey, MAI, SRA, AI-GRS  
    
 
  Location  
Name  Radisson Hotel Dallas North-Addison  
Address  4960 Arapaho Road  
City  Addison  
State  TX  
Zip  75001  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  North Texas
Website  www.ainorthtexas.org  
Contact Name  Ruth A. Kelton  
Email  ainorthtexas@sbcglobal.net  
Phone  (972) 233-2244  
Fax  (000) 000-0000  
 
  Description  

Review Theory—General is the fundamental review course that all reviewers should have in their education background. It is a required course for individuals pursuing the Appraisal Institute General Review Designation.* Participants embark on an in-depth journey of the seven steps that are outlined through the review process, which is at 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.

Please note: Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Review Theory-General and Review Case Studies-General. All others will receive the Full Price.

Upon completion of the course, participants should be able to:
• Define review
• 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 effectively communicate the review

The Review Theory—General course is required for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS – Appraisal Institute General Review Specialist). For more information regarding the requirements for the review designation, please click here.

If you are currently designated, click here for more information on the alternative path.

If you are currently a candidate for designation, or wish to become a candidate, click here for the specific designation requirements.


Required Texts
• Current edition of USPAP
• Current edition of Standards of Valuation Practice

Recommended Texts
The Dictionary of Real Estate Appraisal, 6th ed.
The Appraisal of Real Estate, 14th ed.
Appraising the Appraisal: The Art of Appraisal Review, 2nd ed.
Capitalization Theory and Techniques Study Guide
Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use
Subdivision Valuation
Scope of Work, 2nd ed.
Review Theory and Procedures: A Systematic Approach to Review in Real Property Valuation

Downloads
Table of Contents and Overview (PDF)
Schedule (PDF)
 
  Audience  
• General Certified Appraisers

• Attorneys

• Accountants

• Government agency members

• Users of appraisal services
 
  Equipment  
• Laptop. This course includes writing exercises. Each participant will need his or her own laptop with word processing software.
• 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.
• You must be familiar with basic calculator operations when the course begins. Answers to problems in the course material are shown using the HP-12C.
• 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.
 
  Prerequisites  
None. However, please note that this course was written for appraisers at the General Certified level.

Participants 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.

 
  Disclaimer  
Cancellation Policy
  • $150.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
       

CANCELLATION POLICY:
Requests for cancellation must be received in writing at the Chapter Office. The Chapter reserves the right to cancel, limit, or reschedule the course and to change faculty assignments and facility location at any time; therefore, prospective students should confirm their registration prior to making any non-refundable airline reservations. The Appraisal Institute, North Texas Chapter is not responsible for students’ non-refundable airline reservations or other travel costs.

There are NO transfers; you must cancel out of the course.

COURSE MATERIAL POLICY:
Course material will be distributed to students during registration on the first day of class. Materials will not be shipped to students. If students would like to view the material prior to class, it can be accessed online in the Appraisal Institute Knowledge Center. To access the Knowledge Center, click on the link provided in the course confirmation you receive immediately after registering for the class.


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


ATTENDANCE POLICY:
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. Attendance at course orientation is mandatory. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualifications Board minimum criteria requirements.


ADA COMPLIANCE:
If you are disabled and/or have special needs, a prompt reply is required to allow sufficient time to arrange for reasonable accommodations. If notification is not requested in advance, we cannot guarantee the availability of accommodation on site. For additional information, please call the Chapter office at 972-233-2244.



Program materials can be downloaded by the student.
 
  Additional Information  
REMINDER TO BRING COURSE MATERIAL TO CLASS:
During the registration process, if you selected the option to receive the course material via download, please be reminded to load the materials on a laptop or tablet and bring it to class with you. For the students that did not select the download option, materials will be distributed at course registration on the first day of class. Materials will not be shipped directly to the students.

COURSE LOCATION:
Radisson Hotel Dallas North-Addison
4960 Arapaho Road
Addison, TX 75001
972-490-1212
The Radisson Hotel is conveniently located west of the Dallas North Tollroad at the southwest corner of Arapaho Road and Quorum Drive.

COURSE SCHEDULE:
Registration – March 6 (8:00 to 8:30am)
Lecture – March 6, 7, 8, & 9 (8:30am to 5:00pm)
Exam – March 10 (8:30 to 11:30am)
All day beverage service. Lunch will not be provided.

CONTINUING EDUCATION CREDITS:
Texas Continuing Education (ACE) – 33 hours

APPRAISAL INSTITUTE CONTINUING EDUCATION POINTS:
Attendance Only = 275 points
Attend and Pass = 375 points
Pass Exam Only = 100 points
33 hours (30 classroom; 3-hour exam)

TUITION INCLUDES:
Course materials. Tuition does not include textbooks or equipment.

STUDENT ROSTERS:
Students that do not wish to have their name, address, phone number and email address published to other students in the class must notify the Chapter five (5) days prior to the beginning of the course.

EXAMINATION GRADING POLICY - 5-7 Business Days:
The Appraisal Institute's National office will email examination results and certificates of attendance to the students within 5-7 business days from the date the examinations are received at the National Appraisal Institute office.

ACCOMMODATIONS:
The Radisson Hotel Dallas North-Addison, 4960 Arapaho Road, Addison, TX, 75001, 972-490-1212, (www.radisson.com/addison-hotel-tx-75001/usadntx). A special guest room rate of $89.00++ per night is available for a room with a king bed and sofa sleeper or a room with two queen beds. Guest rooms include a microwave, mini-refrigerator, coffee maker, television and desk. Hotel amenities include complimentary Wifi, 24-hour business center, outdoor swimming pool, fitness center, snack and sundry shop, room service and an on-site restaurant (serving breakfast and dinner) and bar.

To Book A Reservation:
24/7 Telephone Reservations: 972-490-1212, option 1. Ask for the Appraisal Institute $89.00 Corporate Rate.
24/7 Online Reservations: https://www.radisson.com/addison-hotel-tx-75001/usadntx -> CLICK More Search Options -> Rate Type: Corporate Account ID -> Enter Code: 19385 -> Search -> Screen will reflect the discounted rates.

TRANSPORTATION:
Transportation is available via Supershuttle to and from Dallas Love Field Airport and DFW International Airport. SuperShuttle fares are subject to change, so verify pricing at www.supershuttle.com.



 

 
















 
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