Course Information
           
 
  Class Schedule                            General Information                            Continuing Education Credits                            Contact Us 


 

Course:

Contract and Effective Rent: Finding the Real Rent

SAP Course Number:

78TECH401158

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Course can be found when searching
"By Topic" under these categories:

Right-of-Way/Acquisition/Appraisal



Class Schedule


No Offerings Are Currently Scheduled









General Information

Summary:
This 4-hour training to be held November 3, 2021 is intended for real estate appraisers. Enhance your valuation analyses and broaden your consulting portfolio by understanding the complexities of calculating effective rent. You will gain a thorough understanding of effective rent and its importance in lease negotiations and valuation assignments by working through case studies featuring common circumstances involving effective rent. Strengthen your analyses by evaluating the way effective rent impacts property value. Recognize how the integration of the effective rent measurement is used by market participants (landlords and tenants) for leases involving landlord concessions and non-market-based provisions in all three approaches to value. At the end of the seminar, you will have a take-away model to use immediately when incorporating effective rent into your valuation or consulting work

Learning Outcomes:
Define effective rent and distinguish between nominal rent and effective rent.
• Identify how calculating effective rent impacts property value.
• Recognize how familiarity with effective rent implications helps appraisers consult with landlords and tenants in lease negotiations.
• Identify how integration of the effective rent measurement impacts all three approaches to value.
• Evaluate proper methods of calculating effective rent and apply the conclusions in each approach to value.
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Final Exam:
No



Continuing Education Credits


PA Board Approved
CEHs
Classes
After
 
CEUs
Classes
After
 
PDHs
Classes
After
 
Initial Real Estate Appraisal:
4.00
09/29/21
Continuing Real Estate Appraisal:
4.00
09/29/21

Awarding continuing education credits (PDH/CEU/CEH) to a training course or other training event does not imply or guarantee that the training course/event is approved by the Pennsylvania State Registration Board of Professional Engineers, Geologists and Land Surveyors.

According to Pennsylvania Act 25, “Credit determination for activities…shall be the responsibility of the licensee.  Continuing professional competency obtained by a licensee should maintain, improve or expand skills or knowledge obtained prior to initial licensure, including law and ethics applicable to the profession, or develop new and relevant skills and knowledge.”

For informational purposes only:1 CEU is equal to 10 hours of instruction
1 CEH is equal to 1 hour of instruction



Course Contact Information

                    For technical questions regarding this course, contact the following...
Name:
Kimberly Rice
Phone:
(717) 783-4722
Email:
jbuggy@pa.gov

                    For general questions about the Training Calendar (such as those regarding schedules,
                    locations, instructors or registrations), see Contact Information in specific classes.
 
Created
Last Modified
By Jonie L Buggy/PennDOT
On 09/29/21 At 08:17 AM
By Jonie L Buggy/PennDOT
On 09/29/21 At 09:27 AM