Institute of Municipal Assessors (IMA) and

IMA District 10, NL

Presents

"Expert Valuation Report" Seminar

and District 10, NL 2015 Fall Meeting

Venue:

The Capital Hotel 205 Kenmount Road

St. John’s, Newfoundland

The Institute of Municipal Assessors

will grant 8.25 CPD Credits toward the Continuing Professional Development

Program upon completion of this seminar –

www.theima.ca

September 16th & 17th, 2015

Institute of Municipal Assessors ● 10720 Yonge St., Suite 206 ● Richmond Hill, Ontario, Canada L4C 3C9 www.theima.ca

Education • Excellence • Professionalism

Completion of this program entitles Appraisal Institute of Canada’s designed members (AACI and CRA) to 8 CPD credits towards their Continuing Professional Development requirements—www.aicanada.ca

Institute of Municipal Assessors ● 10720 Yonge St., Suite 206 ● Richmond Hill, Ontario, Canada L4C 3C9 www.theima.ca

Time

8:00-8:30 am

Session

Registration and Continental Breakfast

8:30-8:45 am Introduction:Program DescriptionLogistics of the Assignment Guidelines and Grading Process General Information

8:45-9:15 am Overview:“GUIDELINES FOR EXPERT VALUATION REPORT” Qualifications to Conduct the AssignmentAcademic and Professional Regulations and Expectations

9:15-9:45 am Critical Requirements:Report FormatsReport RequirementsDescriptions, Analyses, Conclusions

9:45-10:00 am Morning Break - Stretch & Refreshments

11:30-12:30 pm Technical, Techniques, Tips and Tricks:Descriptions, Analyses, Conclusions, and Value Opinions

3:30-4:00 pm Wrap-up:Critical RequirementsQ & AEvaluation/Attendance Forms

10:00-11:30 pm Report Sections:Site & ImprovementsAssessment, Zoning & Highest & Best UseThree Traditional Approaches

12:30-1:15 pm Lunch Break: Lunch Provided

1:15-2:15 pm Technical, Techniques, Tips and Tricks (continued):Descriptions, Analyses, Conclusions, and Value Opinions

2:15-2:30 pm Afternoon Break - Stretch & Refreshments

2:30-3:30 pm Technical, Techniques, Tips and Tricks (continued):Descriptions, Analyses, Conclusions, and Value Opinions

Institute of Municipal Assessors and District 10, NL "Expert Valuation Report" Seminar

AGENDA - September 16th, 2015

About the Expert Valuation Report Seminar

Institute of Municipal Assessors ● 10720 Yonge St., Suite 206 ● Richmond Hill, Ontario, Canada L4C 3C9 www.theima.ca

IMA District 10, Newfoundland Labrador 2015 Fall Meeting

Agenda - September 17th, 2015

Instructor

Peter MacLellan, AACI, P. App Peter Maclellan has 42 year career in the appraisal industry incorporates experience in public and private sectors across Canada including 17 years as Chief Appraiser for Nova Scotia Assessment Services. Peter has been a long established promoter of education and mentoring in the assessment and appraisal industries and currently represents educational committees with the Appraisal Institute of Canada, Instructor with UBC – Sauder School of Business and many years of national and international experience instructing, teaching and mentoring with the Appraisal Institute of Canada (AIC), International Property Tax Institute (IPTI), Institute of Municipal Assessors (IMA), International Association of Assessors Officers (IAAO) , assessment authorities and others. Peter is a Fellow with the Appraisal Institute of Canada.

• Framework of the appraisal process crafting a well written short narrative appraisal report.• Accurate disclosure of limiting conditions and significant value impact factors relevant to the analysis.• Diligence of critical thinking, research and analysis relevant to the application of the property

description, zoning analysis, highest and best use as well as the 3 traditional valuation approaches [cost, income, anddirect comparison].

• Tools, tips and techniques to support and justify opinions resulting in a well-written and concisereport.

• Production of a short narrative valuation report for review by an experienced valuator, an arbitratoror uninformed non-appraiser reader/client meeting typical professional standards and a reasonable appraiser’s test.

IMA update: Mario Vittiglo, M.I.M.A.IMA Executive Director

8:30am -9:15am

Office of the Information and Privacy Commissioner: Janet O'Reilly ATIPPA - Access to Information and the Protection of Privacy Act

10:15am-10:30am Break

10:30am -11:30am Canadian Home Builders Association, Newfoundland and Labrador: VictoriaBelbin“NIMBY” – “Not-in-My-BackYard” Syndrome

11:30am-12:00pm MAAI update: To be Announced

12:00pm-12:30pm AGM and Election of Officers

A common theme in the appraisal/assessment industries is the ever increasing requirement for detailed analysis in support of opinions of value while gaining efficiencies with reporting. A productive short narrative valuation report applies appraisal theory in a well substantiated convincing analysis justifying the numerous decisions made. Peter, in a learning environment, will provide the participants the opportunity to acquire techniques employing appraisal theory, in narrative format, utilizing convincing analysis and justifying the copious decisions made in the report. Appreciating the synergism of standardization of format, critical thinking, and individual flexibility this seminar will address report writing including:

9:15am -10:15am

Expert Valuation Report and District 10, NL Fall Meeting Registration Deadline: August 31st, 2015

IMA & District 10 Seminar Registration

September 16th & 17th, 2015

Name:___________________________________________ Member/Designation______________ Non Member __________

Company/Organization:___________________________________________________________________________________

Mailing Address: __________________________________________________________ City: __________________________

Province: ___________ Postal Code: ________________E-mail address:___________________________________________

Phone #: (______) _________________________ Fax:_____________________________

REGISTRATION DETAILS: Fees include continental breakfast, breaks and lunch

Rate HST(13%) Total Quantity

Member Rate

Non-Member Rate

$225.00 $29.25 $254.25

$275.00 $35.75 $310.75

Payment Options:

Fees payable by cash or cheque only.

Fees payable to: IMA, District 10 Phone: 709-637-7156 Sid Harris

Address: PO Box 20051 Fax: 709-637-7162

email: ima.district10@gmail.com Corner Brook, NL, A2H 7J5

Cancellation Policy: All cancellations must be received in writing by September 9, 2015. A 25% administration fee will apply for all cancellations. Refunds will not be processed after September 9, 2015 due to hotel commitment.

HOTEL ACCOMODATION:

A Block of rooms has been held for this event at The Capital Hotel @ $131.49/night; Quote “IMA or Municipal Assessment Agency”. To book you must call the front desk at 709-738-4480

Dietary Requirements:

Please indicate any special meal arrangements or allergy alerts below:

___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________

Institute of Municipal Assessors ● 10720 Yonge St., Suite 206 ● Richmond Hill, Ontario, Canada L4C 3C9 www.theima.ca