Iowa Chapter of the Appraisal Institute

 Presents

 LOCATIONS

REAL ESTATE DISCLOSURE 

(GENERAL/RESIDENTIAL)

SEMINAR DESCRIPTION

 Real estate disclosure is not an option. You need to know the in and out situations. “What else didn’t they tell me?” Full, up-front real estate disclosure is a critical element in any property transaction. Developed for both residential and commercial appraisers under the sanctions of the Appraisal Institute, this seminar features the RED (Real Estate Disclosure) Report, which covers over 150 disclosures. This report format allows real estate professionals to combine on-site observations with Internet databases.

 Participants will learn how to define, research and report over 150 disclosure issues by using the RED Report. The seminar manual includes a definition of each potential detrimental condition, along with suggestions for investigation and reporting. It is an excellent resource for any appraisal library. Topics include:

 ·    Timesaving and efficient Internet-based data retrieval procedures for key disclosure issues.

 ·    Research and identification of any of 100 detrimental conditions within the subject property’s neighborhood.

 ·    The ethical duty to reporting detrimental conditions to the client.

 ·    Numerous cases that practically illustrate how detriment conditions are addressed.

 ·    Expansion of current appraisal practices into consulting opportunities, offering clients a full RED Report, which outlines 12 categories or over 100 disclosure issues.

 Participants will gain knowledge of federal and state laws that require full disclosure and have a better understanding of an appraiser’s liability. Items of disclosure to be addressed include general conditions; building conditions; transactional conditions; market conditions; hazard conditions; environmental conditions; distress conditions; and natural conditions. Attendees of this seminar will have the ability to provide comprehensive disclosure reports to their clients and be more prepared to eliminate future lawsuits.

 Mark your calendars for this year’s one-day Appraisal Institute seminar to be sponsored by the Iowa Appraisal Institute and hosted by AEGON in the Stortz Auditorium on Thursday, September 27, 2001.

 ABOUT THE INSTRUCTOR

Randall Bell, MAI, a nationally recognized specialist in real estate damages, is the developer of this seminar. Mr. Bell also developed the Appraisal Institute’s Detrimental Conditions seminar and is the author of the Appraisal Institute’s Real Estate Damages textbook. He has taught on many occasions throughout the United States, South America, and Asia. Mr. Bell has consulted in numerous interesting cases and his career has been profiled in the Wall Street Journal, People Magazine, the Associated Press, and all major television networks. Mr. Bell holds a MBA Degree from UCLA.

  EDUCATION CREDIT INFORMATION

Seven (7) hours of continuing education credits have been granted from the Appraisal Institute. Seven (7) hours of continuing education credits have been given for license and certification renewal in Iowa and Illinois. This course is also approved by the Iowa Real Estate Commission for real estate continuing education.

 Call, fax, or e-mail the Iowa Chapter office, if you have any questions.

(Phone/Fax                           641-439-2349)

(E-mail                         waynej@netins.net)

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