Minnesota Association of Assessing Officers
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IAAO 101 - Fundamentals of Real Property Appraisal - October 2021
Monday, October 25, 2021, 8:00 AM to Friday, October 29, 2021, 12:00 PM CDT
Category: Events





IAAO 101 - Fundamentals of Real Property Appraisal


Monday, October 25, 2021 - 8:00 am - Friday, October 29, 2021 - 12:00 pm 

Registration will close Monday, October 18, 2021.


Description: This course will be held online. This course is designed to provide students with an understanding and working knowledge of the procedures and techniques required to estimate the market value of vacant and improved properties. This course concentrates on the skills you need to estimate the market value of properties using two approaches to value: the cost approach and the sales comparison approach. This course has been approved for 28 hours of continuing education, 30 hours with exam, with the Minnesota State Board of Assessors. It also satisfies the Appraisal Procedures (residential) requirement for CMA Licensure. Class minimum enrollment is 20 and maximum enrollment is 49 students.

COVID-19 Considerations: MAAO has worked with the event venue for this offering to ensure proper social distancing, adherence to the Governor’s orders of not exceeding 25% meeting room capacity for events, and COVID-19 catering accommodations. Additionally, sanitizing stations will be provided, face masks will be required at all times, no-contact forehead temperatures will be taken at the beginning of each day, and there will be no passing of paperwork throughout the class. We have talked in detail with the event venue and feel confident that every reasonable precaution is being taken for attendees' health and safety.  This offering is subject to cancellation if mandated by the Governor.  A 100% refund will be processed for any registrant due to a Covid-related cancellation. Attendance at this course is at the risk of the employer and attendee. MAAO will not be held liable.

Date: Monday, October 5, 2021 8:00 a.m. - Friday, October 29, 2021 12:00 p.m.


Instructor:  Rebecca Malmquist, SAMA, CAE

Optional Textbook:  IAAO: “Property Assessment Valuation" (third edition, © 2010), a copy of textbook available for $50.00. (Textbooks will NOT be available for purchase during registration at the start of the course).

Requirements:  Calculator

Early registration fee if registered by September 25, 2021: MAAO Member - $575; Non-Member - $680

Course registration fee after September 25, 2021: MAAO Member - $645; Non-Member - $750

Payment: Credit card only


Location: Online. A link to join and e-materials will be emailed prior to the meeting.  Attending these online offerings requires reliable internet connection and use of Zoom with a webcam and audio. Your webcam must remain on for the entire course and attendance will be recorded multiple times per day. There is not a call-in only option. 

Important Online Exam Information: 

 More questions about the online exam? See IAAO's Online Course FAQ.

Student Expectations:  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 ONLINE exam at the end of the course the student should plan to review for.  If alternative testing options are required please contact the course coordinator via email as soon as possible to discuss and we will attempt to make reasonable accommodations.

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 or cancellation requests 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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Contact: MAAO Education Coordinator, Emily Squyres: [email protected]