If you haven’t had the opportunity to check out AI’s latest Dictionary of Real Estate Appraisal, I’d encourage you to do so.
AI Publishes Updated Dictionary of Real Estate Appraisal
The Appraisal Institute on October 27 published “The Dictionary of Real Estate Appraisal,” sixth edition, which includes more than 5,000 entries, 1,250 revised definitions and 450 new terms and has been updated for consistency with current professional standards documents and with Appraisal Institute materials.
Also featured are new and revised glossaries to help real property valuers understand the language of related professionals in areas such as architecture and construction; mathematics and statistics; environmental contamination; agriculture, forestry, soils and wetlands; and green and energy-efficient building.
Other addenda contain information on real estate organizations; important U.S. government agencies, legislation and programs; significant U.S. Supreme Court decisions; and useful measures and conversions.
AI Seeks Proposals for 2016 Annual Conference Educational Sessions
The Appraisal Institute is seeking proposals by December 31 for panel sessions and presentations for its 2016 Annual Conference. AI is seeking highly skilled speakers who can address issues and topics of interest to the valuation profession. All panels/presentations will be assigned to one or more of the following tracks:
- Institutional Client
- Attorney Client
Learn more about submitting a presentation.
AI, LTA Agree to Promote Appraisals for Conservation Easements
The Appraisal Institute and the Land Trust Alliance announced October 14 that the two organizations signed a memorandum of understanding to promote the quality of appraisals prepared for conservation easements.
The agreement also calls for the two organizations to identify and promote education, experience and any other qualifications for appraisers to perform conservation easement appraisals, in addition to provide professional development to appraisers and land trust officials on appraising conservation easements.
Read more about the AI-LTA partnership.
AI, IMT, DOEE Produce ‘Green’ Valuation Guide for Lenders
The Appraisal Institute, the Institute for Market Transformation and the District of Columbia’s Department of Energy and Environment on October 20 released a guide intended to help lenders understand the valuation of high-performance buildings.
“High-Performance Buildings and Property Value: A Primer for Lenders” helps lenders assess green and energy-efficient building features. This is important since collateral risks may be reduced if green premiums on such properties are being paid in the marketplace.
Learn more about the AI-IMT collaboration.
Appraisal Institute Bestows First Review Designation to Non-Designated Member
The Appraisal Institute announced October 20 that it has, for the first time, bestowed a review designation to a previously non-Designated member.
Trisha L. Karki of Edina, Minnesota, received her AI-GRS designation earlier this month.
Read more about Trisha L. Karki, AI-GRS.
AI Represented at Top Domestic, International Industry Events
In keeping with the Appraisal Institute’s commitment to convey its thought leadership to valuation professionals and others, AI representatives attended Expo Real, October 5-7, in Munich, and The European Group of Valuers Associations Fall Meeting, October 9-10, in Thessalonski, Greece.
AI also was represented at the International Valuation Standards Council Annual General Meeting, October 12-15, in Paris; the Association of Appraiser Regulatory Officials Fall Conference, October 16-19, in Washington, DC; the Federation of Valuers, AC Congress, October 22-24, in Ceurnavaca, Mexico; and the Union of Pan American Valuers Conference, October 27-29, in Punta Cana, Dominican Republic, where we presented on U.S. appraisal regulations.
Additionally, AI exhibited at the Land Trust Alliance Rally, October 8-10, in Sacramento, California; the National Association of Mortgage Professionals’ NAMB National, October 17-19, in Las Vegas; and the Mortgage Bankers Association Convention and Expo, October 18-21, in San Diego.
Other News Around AI
And here’s some other important news from the Appraisal Institute:
- If you haven’t already done so, I encourage you to check out the latest quarterly edition of Valuation magazine, which contains timely and informative articles about relevant topics.
- AI posted a new video to its YouTube channel Featuring Randall Bell, Ph.D., MAI, discussing valuing stigmatized properties.
- The Appraisal Institute continues to grow its social media presence. Be sure to follow AI on Facebook, Twitter, LinkedIn and YouTube.
Best wishes for a prosperous month!