Tuesday, September 10, 2013

DLGF Publishes List of Third and Fourth Quarter Continuing Education Courses

September 2013

Dear Assessing Professional,

The Department of Local Government Finance (DLGF) will hold the Third and Fourth Quarter 2013 continuing education courses from September 30th through December 11th at five locations.

The Income Approach to Valuation II
IN Course Number: IN 321
7.5-hours of continuing education credit
This course will look at the numerous techniques that are used to develop capitalization rates. The techniques are separated into two general categories: direct capitalization, which is presented as a brief review for purposes of comparing and contrasting to yield capitalization, and yield capitalization, which addresses issues with which investors are concerned that are not treated in direct capitalization. Students will have an opportunity to calculate numerous capitalization problems. Although it is not mandatory, it is recommended that students complete “The Income Approach to Valuation I” or have significant experience with the income approach prior to attending “The Income Approach to Valuation II.”

Personal & Real Property Tax Abatements
IN Course Number: IN 469
7.5-hours of continuing education credit
This course will provide students with an overview of the process for determining both real and personal property tax abatements. The rules and statutes that govern abatements will be discussed and abatement problems will be examined. Students will have the opportunity to work various exercises involving abatements of both real and personal property.
The Sales Comparison Approach to Market Value
IN Course Number: IN 110
7.5-hours of continuing education credit
Students will understand the underlying concepts that pertain to determining the value of real estate using market-extracted data. Key areas of study include: the mechanics of markets, the foundational economic principles that drive purchasing habits and value, the concept of neighborhoods, and the factors that influence value and determine comparability, as well as, the computational aspects of the sales comparison approach.

IN Course Number: IN 122
7.5-hours of continuing education credit
This course will provide students with the necessary information for developing accurate and defendable assessments for residential condominiums. Students will discuss various valuation techniques concerning the mass appraisal of condominiums and will work problems relating to land valuation, common elements, and unit value. In addition, the course distinguishes concepts and trends for additional, specialty forms of housing such as those found in Planned Unit Developments, row houses, and town homes.
Each class is seven and a half hours long, including one hour for lunch. Check-in is between 8:00 a.m. and 8:30 a.m. local time, and classes run from 8:30 a.m. to 4 p.m.