This course demonstrates techniques used in preparing value estimates on properties subject to acquisition under Eminent Domain law. The appraiser will learn how condemnation appraising is different than other types of appraising and explore complications which may be encountered, including severance damages, consequential damages, special and general benefits, condemnation blight, project enhancement and inverse condemnation. Case studies and short examples are used to learn:
- Just compensation Federal Rules and State Rules
- Highest and best use
- Approaches to value
- Damages and benefits
- Easements
- Appraiser relationships with attorneys, judges and juries
- Trial preparation and participation
- Trends in eminent domain law
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 & Textbooks: HP-12c, HP-17bII or HP-19bII (Click here for basic information how to use an HP-12c)
Suggested Textbook: Valuing Rural America: Foundations of Data Analysis, Real Estate Valuation in Litigation, Second Edition
Contact Hours: 14 hours + 2 hour exam
Course Timetable: Days 1-2: 8 AM - 5 PM
Accreditation: This course is required for the ARA
List of approvals