Course A430 is an introduction to eminent domain appraisal. The course is designed to familiarize experienced appraisers with the language, parameters, and methodologies applicable to eminent domain appraising. The concept of the Larger Parcel, peculiar to partial takings, will be presented. The states various eminent domain rules of appraisal will be discussed with emphasis on understanding State Rule No. 2 and State Rule No. 4 (the Federal Rule). The appropriate accounting for what is the “take”, what damages are and what are benefits and the appropriate offsets, if any, are presented. The course explores the legal implications of eminent domain appraising and will familiarize the student to the legal process.
Course problems are designed to instill an understanding of the appraisal decisions and methodologies necessary to complete an eminent domain partial taking assignment. The case study is the acquisition of land for widening of an existing two-lane highway to a four-lane highway. The case study is a State Department of Transportation project submitted for bid. The case study incorporates real life problems and situations that face the eminent domain appraiser. The case study offers the work groups, or individuals, a chance to apply what they have learned in the class to a real life situation. The students are initially asked to approach the case study as if they were preparing a bid analysis determining the larger parcels, highest and best uses, potential damages and benefits. If there is sufficient class time the students may be asked to apply their bid analysis to a valuation analysis.
Please Note: This is an intermediate skill level course. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level courses.
Required Equipment: HP-12c, HP-17bII or HP-19bII (Click here for basic information how to use an HP-12c), and laptop.
Starting January 2024, all in-person participants will be required to bring their laptops as we transition to all exams being taken digitally through ProProfs. If you have any questions, please contact Katelyn Johnson at 303-692-1224 or KJohnson@asfmra.org.
Suggested Textbook: Valuing Rural America: Foundations of Data Analysis; Real Estate Valuation in Litigation, Second Edition
Contact Hours: 20 hours + 2 hour exam
Course Timetable: Days 1-3: 8 AM - 5 PM
Accreditation: This course is required for the ARA and RPRA
For questions about approvals, contact Deanna Ilk at firstname.lastname@example.org or 303-692-1222
- Dates: April 2-4, 2024
- Instructors: Ben Slaughter, ARA & Brent Stanger, ARA
- In-Person Pricing: $699/Member, $899/Nonmember
- Virtual Pricing: $779/Member, $979/Nonmember
- Format: Hybrid
Registration will close the Friday before at 12:00pm MST. If you have questions or would like to register late, please contact Katelyn Johnson at 303-692-1224 or KJohnson@asfmra.org
Click here to view the Recommended Education Path that the ASFMRA Appraisal Education/Accreditation Committee has put together; it is highly recommended that you review the pathway prior to registration.
This course will be held in a hybrid format (some students in person, some online). Upon registering, you will either select In Person Registration or Virtual Registration. If you select the Virtual Registration, you will be sent a Zoom link to access this course one week before the course start date. If you select the In Person Registration, you will be expected to attend the offering in person in Glendale, CO, throughout the duration of the offering.
The ASFMRA reserves the right to move this offering to a livestream format up to three weeks before the first date of the offering. Any in person registrants will be notified at this time. ASFMRA does not reimburse travel costs.
Textbook: The Valuing Rural America textbook is recommended for any students taking education through the ASFMRA. You may purchase a hard copy or digital version by visiting the ASFMRA bookstore.
ASFMRA Education Center
720 S Colorado Boulevard, Suite 350-S
Glendale, CO 80246
The Hilton Garden Inn Denver-Cherry Creek
600 S. Colorado Blvd
Glendale, CO 80246
Booking Link: https://www.hilton.com/en/book/reservation/deeplink/?ctyhocn=DENCKGI&corporateCode=3117120
Booking code: 3117120 - Will include complimentary breakfast.
By registering for this event, I understand that my photograph or video may be taken during participation in any activity (class, social gathering, outing, etc.) sanctioned by the American Society of Farm Managers and Rural Appraisers (ASFMRA). I hereby grant permission to ASFMRA to use my photograph or likeness in any publicity or promotional publications (e.g. website, social media, newspaper ads, newsletters, programs, brochures, public broadcasting releases, email promotions, etc.) and to allow video recordings of myself and/or guests.
In compliance with the Americans with Disabilities Act, the ASFMRA will make every effort to provide reasonable accommodations requested for individuals with disabilities. Requests for accommodations can be responded to more effectively if received at least two weeks in advance of the event.
For More Information: email@example.com | 303-692-1224
*The maximum capacity for this course is 24 in-person participants and 24 online participants.
*Please note that ASFMRA reserves the right to cancel any course 3 weeks in advance.