Specialized Nonresidential Payments (Online)


507 – Specialized Nonresidential Payments
 

Course Number:

C507 Online

Course Title:

Specialized Nonresidential Payments

Course Level:

Intermediate

IRWA Credits: 

8 QEU / CEU

 

 

Course Description

This course is designed to demonstrate the benefits of certain nonresidential relocation payments, such as actual direct loss and substitute personal property, and how relocation agents can apply these specialized payments to facilitate a successful business relocation.
Students will practice concepts through interactive exercises and case study scenarios. Progress quizzes at the end of each lesson will gauge knowledge transfer. There will also be an exam at the end of the course.
 
 
Course Objectives
 
Upon completion of this course, students will be able to:
  • Describe the benefits of specialized or alternative nonresidential payments
  • Compute an actual direct loss of tangible personal property payment
  • Compute a substitute personal property payment
  • Determine the reasonable cost incurred in selling an item that is not to be relocated
  • Explain the low value/high bulk payment
  • Describe related nonresidential expenses 
Credentialing 
  • New SR/WA: An intermediate elective course that can be applied towards the SR/WA designation.
  • Specialist: This course is also applicable as an elective toward the R/W-RAC program.
 
 

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