Calendar

Eminent Domain and Condemnation Appraisal Practice in Massachusetts – 2018
Earn 7 total hours of CE credit!

Presented by

The New England Chapter – IRWA

The Massachusetts and Rhode Island Chapter of the Appraisal Institute

MBREA| The Association for Valuation Professionals TM

The Massachusetts Department of Transportation – Highway Division

Thursday, September 20th from 8:00 am – 4:45 pm
Connelly Center @ the Federal Reserve Boston
600 Atlantic Avenue, Boston, MA

At this seminar, participants will dive into the condemnation process through a host of eminent domain experts from across the Commonwealth of Massachusetts. The seminar will feature several panel discussions and individual presentations on various right of way appraisal topics. Presenters will explore all phases of the right of way acquisition process, focusing on the appraiser’s critical role on the project team. Participants will learn valuable skills associated with appraising partial acquisitions, assessing damages, and providing expert testimony during litigation.

The seminar is sponsored in part by the Massachusetts Department of Transportation and MassDOT highly encourages all appraisers who wish to do business with the Highway Division to attend this educational seminar.

Program Schedule:
8:00 AM – Registration
8:30 AM – 4:45 PM – 7 Hour CE Program

Registration Fee (includes breaks, lunch, and materials):

• Member Rate (IRWA, AI, MBREA):$165*
• Non-Member Rate:$205
• Government Rate (MassDOT): $125

*IRWA and MBREA members who are not AI professionals should contact those organizations for a promo code to receive the member rate.

Continuing Education:

This program is approved for 7 Hours of CE credit by the Appraisal Institute and approved for 7 Continuing Education Units (CUEs) for IRWA recertification.  Applications have been submitted to the Commonwealth of Massachusetts, the State of Rhode Island and the State of New Hampshire.  It is the discretion of the Board to approve, disapprove and/or reduce the amount of CE credit for the course.  100% attendance is required to receive CE credit.

Topics Covered Include:

Introduction to Eminent Domain, Condemnation Theory and Defining the Basics – This session will provide an overview of the history of eminent domain, concepts, public purpose, just compensation and define terms.
o Bernard Baldassaro, Appraisal Administrator, MassDOT/Highway Division, Right of Way Bureau
o Richard K. Pino, MAI, R/W-AC, Petersen LaChance Regan Pino, LLC
o Christopher Quinn, Esq.

The Team Approach to Valuation – Panelists will provide input on how their work with the appraiser helps to facilitate an efficient acquisition of the necessary real property interests on a right of way project.
o Derrick Roma, PMP, SR/WA
o Matthew Curley, Project Engineer, Tetra Tech, US Infrastructure Division
o John DeLeire, Director, MassDOT Highay Division, Right of Way Bureau
o William Lachance, MAI, SRA, Petersen LaChance Regan Pino, LLC
o Robert LaVita, RE Director, RND Consultants, Inc.

The Importance of Highest and Best Use and its role in the Valuation Process – This session provides an introduction to the concept of Highest and Best Use (HBU) and explains why it is critical to the valuation process. The discussion will include the required legal, physical possible, financial and maximum profitability tests
o Rose Perrizo, MAI, Principal and Owner, RP Realty Advisors
o Steven R. Foster, MAI, Senior Vice President, Lincoln Property Company
o William Lyons, Jr., President and Founder, Fort Hill Companies

Partial Takings – Concepts and Valuation Issues – This session is presented around a series of case study examples illustrating valuation techniques, including Direct Damages – Consequential & Severance and Overburdening Considerations, the Challenges of Highest & Best Use in Before & After Analysis and Proximity Damage or Change in Highest & Best Use
o Ellen McDonald, Real Estate Appraiser and Market Analyst
o Bernard Baldassaro, Appraisal Administrator, MassDOT/Highway Division, Right of Way Bureau
o Donald Bouchard, CRE, MAI, Senior Vice President, Lincoln Property Company
o Gregory Story, Principal, AM Appraisal Associates
o Richard K. Pino, MAI, R/W-AC, Petersen LaChance Regan Pino, LLC

The Litigation Environment – This presentation features a panel of experienced attorneys and a former Superior Court Judge, discussing the litigation environment and what the appraiser should prepare for.
o Donald Bouchard, CRE, MAI, Senior Vice President, Lincoln Property Company
o John Bowen, Esq., Counsel, Rackemann, Sawyer and Brewster
o John Leonard, Esq., Law offices of John S. Leonard
o J. Owen Todd, Esq. Partner, Todd and Weld, LLP

Disclaimer

Location:   Courtyard By Marriott, 700 Unicorn Park Drive, Woburn, MA
Tuition:     $650 AI Price; $900 Full Price
Instructor:  Mark V. Smeltzer, MAI, SRA, AI-RRS
Credit Hours: 14 hours + 1 Hour exam (Be sure check with with your state licensing board for approval)

Location:   Courtyard By Marriott, 700 Unicorn Park Drive, Woburn, MA
Tuition:     $550 AI Price; $600 Full Price (after 11/18 add $50)
Instructor:  Edward V. Bowler, MAI, SRA
Credit Hours: 30 hours (Be sure check with with your state licensing board for approval)

Course Details: Click here for course description, state certification hours, etc.

Login/Program Access: 8:00 am – 8:30 am
Classroom Hours: 8:30 am – 4:00 pm

Tuition:  $150 AI Price; $200 Full Price

Instructor:  Steven G. Elliott, SRA

Enrolled students will receive a unique link to join the virtual class.

Credit Hours: 7 hours.  The Chapter has verified that MA and RI have approved virtual education.  CT, ME, VT, and NH have also provided guidance on this issue.  For other states, students are strongly encouraged to contact the state licensing agencies directly.

It is the responsibility of the student to check with each state licensing agency they are looking for CE credit to verify virtual approval.

Tuition DOES NOT include a copy of 2020 – 2021 UNIFORM STANDARDS OF PROFESSIONAL PRACTICE which is required for credit.  Order a copy here: http://www.appraisalfoundation.org/TAF/Store/TAF/Products.aspx

The instructor will verify you have a copy of USPAP at the beginning of the class.

Participation Guidelines:
Students must have webcam/iphone/ipad/smartphone capability to participate and receive continuing education credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor,

A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering no later than noon on January 28th, 2021.

Login/Program Access: 8:30 am – 9:00 am EST
Classroom Hours: 9:00 am – 12:00 pm EST

Instructor: Lamar Ellis

Enrolled students will receive a unique link to join the virtual class

CE Credit:

Credit Hours: 3 hours (15 AI Points) .  The Chapter has verified that MA (Approval #620025), RI (Approval #REA.0001601-CE)  have approved this program and are currently accepting virtual education.  This program is approved in New Hampshire BUT virtual education is pending. There will be no credit provided in other states.

It is the responsibility of the student to check with each state licensing agency they are looking for CE credit to verify virtual approval.

One hundred percent (100%) attendance is required for all Appraisal Institute education programs. Credit and a course completion certificate can only be issued by attending 100% of the course. Please plan accordingly and be on time as late arrival or leaving early could jeopardize your receiving a certificate of attendance.

Virtual Classroom Participation Guidelines

• Students must have webcam/iphone/ipad/smartphone capability to participate and receive continuing education credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor.
• A copy of your driver’s license or other government issued ID with photo must be emailed to the Chapter office as verification no later than noon on February 23rd th via email.
• Only those students who provide the photo identification and “attend” the program in its entirety will receive a certificate of completion. Attendance will be taken at various times throughout the day.
• New to Zoom?  Click here to learn more.   You do not need a paid account from ZOOM to participate.  If you are using your Ipad/Iphone/smartphone, please download the ZOOM app prior to the offering.  Please check your webcam privacy settings on your computer before class.   If you have a Lenovo laptop, you must have the Lenovo Vantage App installed on your computer for webcam to work.