IAAO 112 - Income Approach to Valuation II 

Credits: This course is an approved income course for the Accredited Minnesota Assessor (AMA) level of licensure. It is also approved by the Minnesota State Board of Assessors for 30 hours (including exam) of assessor continuing education. Pending Minnesota Department of Commerce approval, this course may also be eligible for 30 hours (including exam) of appraiser continuing education. 

Instructors: Pat Alesandrini

Prerequisite: Basic Appraisal Principles, Basic Appraisal Procedures, MAAO Basic Income Approach OR IAAO Course 101, and IAAO Course 102 are all recommended. 

Optional Recommended Textbook:  IAAO: “Property Assessment Valuation" (third edition, © 2010). Purchase at https://www.iaao.org/Store/detail.aspx?id=BK0097. Textbooks will NOT be available for purchase through MAAO or in person at the course. 

Location:  Hilton Garden Inn, 6350 Vinewood Lane N., Maple Grove, MN   

Hotel Group Rate: For your convenience, a block of hotel rooms has been reserved at the Hilton Garden Inn in Maple Grove for $139/night. Reservations are the responsibility of individual attendees and must be made by October 17, 2025, to ensure the group rate. Reserve a reservation by calling the hotel at 1-763-509-9500 and mentioning the MAAO room block or via this booking link.

Food & Beverages: For student, instructor, and employer convenience, a limited variety of refreshments and snacks are included in your registration fee. In order to keep registration fees lower, lunch is on your own for this and all IAAO courses sponsored by MAAO. Please plan accordingly.

Student Expectations: The Income Approach to Valuation II utilizes lectures, classroom discussion, and homework problems to emphasize the main concepts and procedures taught in the course.  This course includes 30 hours of classroom instruction during which students will be expected to participate in discussions, group activities, and coursework that may include but is not limited to reading, homework, problem solving, etc. both during and outside classroom hours.  There is also an in-person exam at the end of the course the student should plan to review for. 

ADA Policy:  If you have a disability and may require some accommodations at any event, please notify us via email at least two weeks in advance and we will attempt to make reasonable accommodations.  

Cancellation Policy: Cancellation requests received prior to 8:00 a.m., 5 business days prior to the start of the course will be issued a refund, less a $30 administration fee.  Cancellations requests received after this time or registrants who fail to attend the course are responsible for the entire fee.  If a registrant is unable to attend the event, a substitute from the jurisdiction that paid the registration fee can attend at no additional charge.  Please send written notification of this change 5 business days prior to the course. Transfer and cancellation requests should be sent to [email protected].  Although it is not the policy of MAAO to cancel a course or seminar, MAAO reserves the right to do so and provide a full refund if the minimum enrollment level is not reached.  Refunds will be issued within 30 days of the date of the course or conference.

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