Appraisal Institute

Valuation of Conservation Easements is an advanced course designed for the appraiser who understands the methodology in the approaches to value and is ready to embark on understanding the intricacies involved in one of the most misunderstood and difficult types of appraisals.

Over 4 days, this intensive program will familiarize participants with conservation easement valuations in a variety of situations, including conventional appraisals, appraisals that are required to comply with the Uniform Appraisal Standards of Federal Land Acquisitions, and appraisals involving non-cash charitable contributions that are required to comply with IRS standards. Learning objectives will be accomplished through a series of lectures, in-class discussions, problem solving, homework assignments, and case-law analysis.

Upon successful completion of the course, participants should be able to:
• Understand the methodologies and techniques commonly used in valuing conservation easements
• Grasp state, federal, and IRS regulations and requirements relating to conservation easements
• Understand the range of assignments that are common in valuing conservation easements
• Develop an effective scope of work for a conservation easement valuation assignment, apply concepts of highest and best use analysis to that assignment
• Utilize a range of techniques to effectively carry out a conservation easement valuation
• Identify the unique issues that may apply to conservation easements and complete the assignment(s) in accordance with the various state and federal agency requirements

Note. This course is in the Valuation of Conservation Easements Professional Development Program. For more information, click here.

This course is approved for GBCI CE Hours by the USGBC.

Recommended Text

• Real Estate Valuation in Litigation, 2nd edition
• Uniform Appraisal Standards for Federal Land Acquisitions, 6th edition
• Historic Properties: Preservation and the Valuation Process, 3rd edition
• Appraising Conservation and Historic Preservation Easements
• The Dictionary of Real Estate Appraisal, 6th edition

Program Overview
• Table of Contents and Overview (PDF)
• Course Schedule (PDF)

Ordering Information
To order books and other materials go to
our store

Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.

Required
A financial or regular-function calculator is allowed. 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.

Prerequisites
Recommended: certified general appraisers

Who Should Enroll
Certified general appraisers; certified residential appraisers with conservation easement valuation experience

Click Here for State Approvals