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Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets (Course + Book) $ 335.00 AI Price  
$ 370.00 Full Price  
Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets Course
Details
[Oth]   15  May 17 - 18, 2018 Chicago, IL Chicago Chapter Call          
Book: A Business Enterprise Value Anthology, Second Edition                   

Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets

CALL   Date: May 17 - 18, 2018   Location: Chicago, IL
 
  Course  
Category  Other [Oth]  
Attendance Hours  14.0  
Exam Hours  1.0  
Current Price  $ 290.00 AI Price  
$ 325.00 Full Price  
 
  Instructor  
Kerry M. Jorgensen, MAI  
    
 
  Location  
Name  CCAI  
Address  205 W. Wacker Drive, #202  
City  Chicago  
State  IL  
Zip  60606  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Chicago
Website  www.ccai.org  
Contact Name  L.A. Anderson  
Email  LA@ccai.org  
Phone  (312) 616-9406  
Fax  (312) 616-9404  
 
  Description  

Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets provides the theoretical and analytical framework for separating the tangible and intangible assets of real estate centric businesses. Through discussion, lecture, readings, and case studies, participants will apply the theory of the firm and the concept of economic profit to the solution of problems and case studies related to ad valorem taxation, eminent domain, loan underwriting, and transaction price allocation.

An overview of business valuation procedures and clarification of real estate and business valuation terminology will be provided so participants become familiar with the terminology relevant to separating asset values. The class will review the legal foundations for property rights, be introduced to the methodologies, and become aware of the controversial and unresolved issues in this field. Finally, participants will learn about allocating real estate, personal property, and intangible asset values.

Note. Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets contains diverse opinions regarding appraisal theory and applications. Neither this course nor the Appraisal Institute advocates a particular theory or method. Rather, each appraiser must come to his or her own conclusion based on the property type, local market customs, and scope of work.

Upon completion of the course, participants should be able to:
• Recognize operating properties as distinct from pure space properties
• Recognize when the scope of work requires the separation of various kinds of assets to produce a credible appraisal
• Understand the concepts, terminologies, and economic principles that underlie the asset claims to the revenue stream
• Understand the terminology relevant to separating asset values and the roots of that terminology in accounting, business valuation, and valuation for financial reporting
• Understand the complexity of valuing a property as it relates to appraisal problems, separating asset values, valuation for financial reporting
• Understand the legal foundations for property rights
• Identify when there is a need to work with a professional in another field, such as a business or tangible personal property valuers
• Recognize the methodology
• Objectively articulate the various issues that are considered controversial and unresolved
• Understand the parallels between the business valuation methodologies and real property valuations

Required text
A Business Enterprise Value Anthology, 2nd ed. 

Note. This course is in the Valuation of the Components of a Business Enterprise Professional Development Program. Click here for a FAQ that includes information regarding the courses you'll need to successfully complete the program.


Recommended Texts
Intellectual Property: Valuation, Exploitation, and Infringement Damages by Gordon V. Smith and Russel L. Parr, Wiley & Sons
A Business Enterprise Value Anthology, 2001 edition

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

• Tax representatives

• Attorneys

• Property owners who deal with separating the value of real property from tangible and intangible personal property
 
  Equipment  
A calculator is required. Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
 
  Prerequisites  
None.

Required
  • A Business Enterprise Value Anthology, 2nd ed.
  •  
      Disclaimer  
    Cancellation Policy
    • $50.00 cancellation fee.
    • Less than 2 days prior to program start date, forfeit of payment.
      Transfer Policy
    • $50.00 transfer fee.
    • Less than 2 days prior to program start date, no transfer allowed.
       
    The State and the AQB requires that you be in class 100% of the time. You will not receive credit if you don't fulfill this requirement



    Program materials can be downloaded by the student.
     
      Additional Information  
    Class Schedule

    Registration May 17 - 8:00am

    class May 17 & 18 8:30-5:00pm


    Please contact LA .. if you have questions or need assistance.
    la@ccai.org or 312.616.9400




     

     
















     
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