Course Table of Contents
1. Introduction 2. Overview of online appraising and the AOA 3. Terminology 4. Appraisal defined 5. Value definitions 6. scope of work defined 7. Appraisal objectives (i.e., purposes) defined 8. Intended use defined 9. Intended use: buying or selling property 10. Intended use: damage claims 11. Intended use: equitable distribution 12. Intended use: acquiring insurance 13. Intended use: introduction to federal tax liability applications 14. Intended use: federal deduction for non-cash charitable contributions 15. Intended use: federal inheritance & estate taxes 16. Intended use: federal deduction for casualty loss 17. Intended use: federal gift tax liability 18. Intended use: present worth of investment property 19. Intended use: liquidation 20. Intended use: bankruptcy 21. Intended use: state estate tax 22. Intended use: litigation 23. Intended use: ad valorem property taxation 24. Valuing ownership rights, Visual Artist's Rights Act (VARA) of 1990 25. Three types of property - values- approaches First Term Exam (Covers L1-L25) 26. Three approaches to determining value 27. Value creators & characteristics 28. Depreciation — deterioration & obsolescence 29. Types of appraisals: prospective, current, retrospective 30. Fractional appraisals 31. Preliminary appraisals & Contingent appraisals 32. Hypothetical appraisals 33. Limiting conditions 34. Extraordinary assumptions 35. Using photographs & digital images 36. Blockage discounts 37. Valuation principles 38. Identification & authentication 39. Steps in the appraisal process 40. Uniform Standards of Professional Appraisal Practice (USPAP) 41. Appraisal report formats 42. Describing property, sample descriptions 43. Disclaimers & Terms of Use 44. Writing the appraisal report 45. AOA Online Appraisal Report Writing Standard 46. Sample appraisal reports (this Lesson is not testable) 47. Research 48. 100+ Hot web sites for the appraiser (this Lesson is not testable) 49. Personal Property Appraiser Minimum Qualification Criteria (this Lesson is not testable) 50. Endangered/Threatened Species, Heritage Resources/NAGPRA (this Lesson is not testable) 51. Ethics 52. (reserved for future use) 53. The professional appraiser - business & professional development, basic appraiser techniques, office equipment, tools of the appraiser, sample letters & forms (this Lesson is not testable) Second Term Exam (Covers L26-L52)