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Course Description

Appraisal Review for Federal-Aid Highway Programs

PROGRAM AREA: Real Estate
COURSE NUMBER: FHWA-NHI-141044
Instructor-led Training (ILT)Instructor-led Training (ILT)
Calendar Year
Length
CEU
Host Price
2014
1 Days
0.6 Units
$400 Per Participant

TRAINING LEVEL: Accomplished

CLASS SIZE: Minimum: 20 Maximum: 35

NOTES:Please note that this training has been approved for Continuing Education Credits in several States by their respective appraisal licensing boards. As part of our course delivery, we will assist in preparing the documents required for course approval in your State. However, any fees associated with the application process are the responsibility of the requestor. Additionally, this training counts toward IRWA's SR/WA designation and R/W-AC re-certification. Participants should bring an HP 12c calculator for the classroom exercises.

COURSE DESCRIPTION:

The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 as amended (Uniform Act) ensures that persons whose real property is acquired or who are displaced as a result of a Federal or Federally-assisted project are treated fairly and consistently. This course focuses on the application of appraisal review principles and how they fit within the Uniform Act and 49 CFR Part 24 as related to transportation project development. Focusing on larger parcel, uneconomic remnants, cost to cure, and severance damages, the course discusses the qualifications, roles, and responsibilities of the review appraiser from pre- to post-appraisal activities.

OUTCOMES:

Upon completion of the course, participants will be able to:

  • Explain basic eminent domain principles
  • Apply Federal-Aid appraisal review requirements
  • Apply appraisal review techniques to unique situations within Federal-Aid highway programs
  • Describe the role of the review appraiser in the land acquisition process

TARGET AUDIENCE:

State departments of transportation (DOTs), local public agencies (LPAs), city and county attorneys, consultants; FHWA and other Federal agency staff involved in the appraisal process. Prerequisite: A course in the basic practices and principles of real estate appraisal (e.g. International Right of Way Association course 400, the Appraisal Institute's courses 110 and 120) or a college-level course in appraisal.

If you have questions about this NHI training, please contact NHI at nhicustomerservice@dot.gov or 877.558.6873.


141044 SESSION INFORMATION:

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Host this Course

The National Highway Institute (NHI) has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, NHI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, NHI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.

 

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