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Course #AP105:Residential Site Valuation and Cost Approach (15 Hours Qualifying Education - tested)This i ntermediate level course is designed to guide the student in applying the cost approach in residential appraisal. The student will review the applicable portion of USPAP and appraisal theory. The course will focus on the proper methods and techniques for developing a site value opinion and in applying the cost approach using the Marshall & Swift Residential Cost Handbook. The test is 50 questions and covers USPAP and applications of the Cost Approach and site valuation.
Course Objective: To enable the student to demonstrate an understanding of the principles, methods and techniques used in site valuation and the Cost Approach to Value. Prerequisite: AP102 or equivalent Arizona approval #ABA0305-398-5 This course meets the new qualifying education criteria for the State of Iowa Nebraska approval #Q060602 Approved in New Hampshire for both Qualifying and Continuing education South Dakota approval #SD 402 Approved in Vermont for 15 hours QE/14 hours CE. |
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