Property Rights: Why Haven't I Heard This Before? | Education Week

When:  Jun 24, 2018 from 08:00 AM to 05:00 PM (CT)
For more information about Education Week and to register, click here.

Instructor: 
John Widdoss, ARA, MAI

Are “rights appraised” only fee simple, or is their more to this?  Properties have evolved over the years and it is rare to find a property that doesn’t have restrictions on the title ranging from life estates, utility and access easements, cell tower sites, deed restrictions, mineral rights and more - some of these encumbrances may or may not have an impact on value; however, to report “fee simple” is misstating the facts and could create an issue or liability to the appraiser.  Come and learn more about why you haven’t heard this before and what your approach should be. 

This is an interactive seminar and as such requires some preparation on your part prior to attending. Following are the details:

Bring a deed for a property encumbered by an easement, deed restriction, etc….possibly more than one encumbrance on that same property.   The second requirement is to bring a “non-encumbered” property that would compete in the same market.  The object is to do a “pairing”, i.e., one with an encumbrance and one without to measure the impact of that encumbrance. 

Examples:

  • Power lines
  • Pipelines
  • Conservations easements
  • View-shed easement
  • Wetlands easement
  • Easements to protects duck, pheasants, elk….etc.

Contact Hours: 8 hours

List of approvals

Location

Des Moines Marriott Downtown
700 Grand Ave
Des Moines, IA 50309

Contact

Deanna Ilk
303-692-1222
dilk@asfmra.org