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How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value

    Date: July 8, 2019   Location: Las Vegas, NV
 
  Seminar  
Category  General [Gen]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 175.00 AI Price *  
$ 205.00 Full Price *  
* SAVE! early registration
 
  Instructor  
Stephen D. Roach, MAI, SRA, AI-GRS  
    
 
  Location  
Name  First American Title Training Room (Northwest)  
Address  7251 W. Lake Mead  
   Suite 100  
City  Las Vegas  
State  NV  
Zip  89128  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Nevada
Website  www.ainevada.org  
Contact Name  Tina Anderson  
Email  tina@ainevada.org  
Phone  (702) 838-8489  
 
  Description  

New Seminar
Now Available!

If you’re involved in the valuation of commercial real estate, it’s crucial to know how the terms of a lease affect value. This NEW seminar goes beyond methodology to explore how to measure a property rights adjustment, the theory underlying the use of a leasehold yield rate (YLH) to value the leasehold, as well as the application of a property rights adjustment in all three approaches to value.

Topics include:
• How the terms of a tenant’s lease impact value—either positively or negatively
• Situations that require a valuation of a leasehold
• Methodologies in valuing a leasehold, including examples and exercises
• The impact of a leasehold in the valuation of property using all applicable approaches
• Challenges facing appraisers performing leasehold valuation assignments

 
  Equipment  
HP-12C calculator, or other financial calculator. Note that keystrokes will be shown using HP-12C.
 
  For Further Reading  
  The Appraisal of Real Estate, 14th ed.  
  The Dictionary of Real Estate Appraisal, 6th ed.   
 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 7 - 14 days prior to program start date, $50.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
  Transfer Policy
  • Up To 15 days prior to program start date, no transfer fee.
  • 7 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 7 days prior to program start date, no transfer allowed.
   
Requests for cancellation must be received in writing at the Chapter Office. The Chapter reserves the right to cancel, limit, or reschedule the seminar 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, Nevada Chapter is not responsible for students’ non-refundable airline reservations or other travel costs.

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

SEMINAR MATERIALS
Seminar materials will be distributed at seminar registration. Materials will not be shipped directly to the students. 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 the laptop or tablet to class with you.

CONTINUING EDUCATION/CERTIFICATES
The How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value seminar is approved by the Nevada Commission of Appraisers for seven (7) hours of continuing education credit, Approval number, CE.0009195-A.

Certificates of attendance will be sent by the Appraisal Institute national office within 5-7 business days.

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. 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 702-838-8489.


Program materials can be downloaded by the student.
 
  Additional Information  
TUITION
$175* - AI Member, Candidate or Affiliates
$205* - Regular
A $50 LATE FEE will be assessed for ALL registrations received after June 28, 2019.

SCHEDULE
Instruction: 8:30 a.m. - 4:30 p.m.
Check-in and registration will begin at 8:00 a.m.
(Lunch on your own)

LOCATION
First American Title Training Room
7251 W. Lake Mead Blvd., Suite 100
Las Vegas, NV 89128

HOTEL INFORMATION
The following hotels are within close proximity to the First American Title (West Side) training room:

Courtyard-Las Vegas Summerlin
1901 N. Rainbow Blvd, Las Vegas, NV
702-646-4400 (0.47 miles away)

La Quinta Inn-Summerlin Tech Center
7101 Cascade Valley Ct., Las Vegas, NV
702-360-1200 (1.09 miles away)

Hampton Inn-Summerlin
7100 Cascade Valley Ct, Las Vegas, NV
702-360-5700 (1.09 miles away)

JW Marriott Las Vegas Resort, Spa & Golf
221 N. Rampart Blvd, Las Vegas, NV
702-869-7777 (2.52 miles away)

Santa Fe Station Hotel/Casino
4949 N. Rancho Dr., Las Vegas, NV
702-658-4900 (3.72 miles away)

There is not a negotiated room rate at these hotels and are only suggestions to properties located near the class site.



  PDF Information & Registration Form  

 

 
















 
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