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IAAO 112 - Income Approach to Valuation II - September 2020
Monday, September 14, 2020, 8:00 AM to Friday, September 18, 2020, 12:00 PM EST
Category: Events




 IAAO 112 - Income Approach to Valuation II 

Monday, September 14 - 8:00 am - Friday, September 18, 2020 - 12:00 pm 


Registration is closed.


Description: IAAO Course 112 - Income Approach to Valuation II is an intermediate level program designed for the practicing appraiser. It builds on the training of IAAO Course 102. An understanding of the income approach to value and practical experience with income capitalization are essential prerequisites. Problem solving requires a calculator with a power key. 

This course makes extensive use of financial compounding and discounting techniques. Emphasis is on developing financial factors by way of electronic devices with only slight references to preprinted tables. Forecasting income patterns and property value changes are prominent variables used in estimating present values. Formula driven models are the primary appraisal tools versus look up tables and vertical calculations. Market value estimates through yield capitalization are the principal focus of the course.


This course is an approved income course for the Accredited Minnesota Assessor (AMA) level of licensure. Class size is limited to 50 students.


COVID-19 Considerations: MAAO has made accommodations to ensure proper social distancing at this course and adhere to the Governor’s orders of not exceeding 25% meeting room capacity, by moving to a larger venue with a larger meeting room, allowing each attendee their own table with 6' of space in front and behind. Other adjustments, such as catering considerations, sanitizing stations, and following the Governor's statewide indoor mask mandate will provide as safe of a learning environment as possible. We have talked in detail with the event venue and feel confident that every reasonable precaution is being taken for attendees' health and safety. 


Instructor:  Randy Ripperger, CAE

Prerequisite:  IAAO 102 - Income Approach to Valuation


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:  Financial calculator strongly recommended. Calculator with a Power Key required.

Early registration fee if registered by August 14, 2020: MAAO Member - $575; Non-Member - $680

Course registration fee if registered after August 14, 2020: MAAO Member - $645; Non-Member - $750

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 will be on your own for all IAAO courses sponsored by MAAO in 2020. Please plan accordingly.

Payment: Credit card only


UPDATED Location: Holiday Inn, 8511 Hudson Blvd., Lake Elmo, MN 55042

UPDATED Hotel Group Rate: $116-Double Queen/King at the Holiday Inn, Lake Elmo. Call the hotel at 651-714-8068 and reference the Group "MN MAAO" to receive the discounted rate. Make your reservation by 8/21/20 to ensure availability and the discounted rate.

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