Real property appraisers designated by the American Society of Appraisers can add a specialty in going-concern valuation for valuing a real estate-centered enterprise, i.e., a firm that also owns its real estate, such as a restaurant, nursing home, hotel, convenience store, and the like. Appraisers must successfully complete two classes (RP400 and RP401), submit a report for peer review, and apply for the specialty designation enhancement. The ASA’s NorCal Chapter in Lafayette, Calif., will offer these courses for three days with a two-hour exam at the start of fourth day. The courses are: RP 401—Allocating Components in Going Concern Appraisals (May 20-23) and RP 400—Real Property Going Concern Appraisals—Case Studies (June 3-6). L. Deane Wilson, the managing partner for The Blackwell Group (Grass Valley, Calif.), a noted expert in going-concern valuations, will present both courses.
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