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The Valuation of Partial Acquisitions – Canadian
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421C – The Valuation of Partial Acquisitions - Canadian:
Addresses special challenges involved in the valuation of partial acquisitions,
both fee and easement. The participant will learn various accepted appraisal
methods in order to best determine the approach that is needed in any particular
situation.
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| Course Number: |
C421C |
| Course Title: |
The Valuation of Partial Acquisitions – Canadian |
| Course Level: |
Advanced |
| IRWA Credits: |
32 QEU/CEU |
| AQB Credits: |
Non Applicable |
| Prerequisites: |
IRWA Course 400C “Principles of Real Estate Appraisal - Canadian” (or
equivalent); a minimum of one year practical appraisal experience and/or
college/university appraisal class (minimum of 9 hours or equivalent) |
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Course Description |
This four-day, advanced-level course deals with the valuation of partial acquisitions. The course includes in-depth discussions, exercises and case studies related to the Federal (Before and After) Rule and the State (Summation) Method. The components of compensation (i.e., value of the part taken, damages to the remainder, benefits to the remainder and cost to cure) and methods to quantify each impact are analyzed. Various easement types and valuation methods are examined. Finally, the appraiser, as expert witness, is discussed.
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Credentialing
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- New SR/WA: An advanced elective course that can be applied towards the SR/WA designation.
- Industry: An advanced required course for the Generalist, Transportation and Electric & Utilities pathways for the SR/WA designation.
- Specialist: An advanced required course for the R/W-AC certification.
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Topics |
- Review of the basic principles and the valuation process
- Utilization of both the Before and After Rule and the Summation Method in the valuation of partial acquisitions
- Allocation of the partial acquisition compensation among its components (i.e., value of the part taken, injurious affection, benefits to the remainder, cost to cure)
- Application of various methods to analyze and quantify the impacts of partial acquisitions on remainder properties
- Analysis of both temporary and permanent easements and valuation techniques
- How to become a better expert witness
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Course Tuition Includes |
- Participant Manual
- Canadian USPAP (the “Standards”)
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Required Material |
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Who Should take this course |
This course is geared toward experienced appraisers who are in the process of
conducting partial acquisitions and deals with the special problems of the
valuation of partial acquisition, both fee/easement.
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