8B — April 22 - May 19, 2022 — New Jersey — M id A tlantic Real Estate Journal


Southern New Jersey Chapter www.ai-snj.org Telephone 856-415-0281 • Fax 856-415-1952


PRESIDENT Joseph V. Heenan, MAI, SRA jheenan@gsvcsllc.com VICE PRESIDENT Sherrie Lisa Galderisi, SRA, AI-RRS Sherrielisa43@aol.com TREASURER Robert Klein, MAI, AI-GRS Rob.klein@cushwake.com

YELLOW BOOK COURSE On April 4 & 5, the Southern NJ Chapter of the Appraisal Institute held our first in-person educational offering since before the pandemic. Fifteen people attended our offering of Uniform Appraisal Standards for Federal Land Acquisitions: Practical Applications, with participants coming in from as far as Arizona. The offering was held at the Courtyard by Marriott in Deptford. The room was perfect for a course, and I’m sure we will revisit this location again. The instructor was Brian Flynn, MAI, AI-GRS, who is always a favorite with our membership. We look forward to more in-person events soon, and have a few in the works! COURSE OFFERING! Valuation of Conservation Easements 28 CE hrs + 2 hr exam November 1-4, 2022 Instructor: Susanne Curran, MAI, AI-GRS Rutgers Eco-Complex Conference Center, 1200 Florence-Columbus Road, Bordentown Valuation of Conservation Easements is an advanced course designed for the appraiser who understands the methodology in the approaches to value and is ready to embark on understanding the intricacies involved in one of the most misunderstood and difficult types of appraisals. Over 4 days, this intensive program will familiarize participants with conservation easement valuations in a variety of situations, including conventional appraisals, appraisals that are required to comply with the Uniform Appraisal Standards of Federal Land Acquisitions , and appraisals involving non-cash charitable contributions that are required to comply with IRS standards. Learning objectives will be accomplished through a series of lectures, in-class discussions, problem solving, homework assignments, and case-law analysis. Objectives: • Recognize the methodologies and techniques commonly used in valuing conservation easements. • Grasp state, federal, and IRS regulations and requirements relating to conservation easements. • Identify the range of assignments that are common in valuing conservation easements. • Develop an effective scope of work for a conservation easement valuation assignment and apply concepts of highest and best use analysis to that assignment. • Apply a range of techniques to effectively carry out a conservation easement valuation. • Identify the unique issues that may apply to conservation easements and complete the assignment(s) in accordance with the various state and federal agency requirements. To register for all classes through the Southern NJ Chapter of the Appraisal Institute, visit www.ai-snj.org. NOTE: Appraisal Institute’s Commitment to Diversity The Appraisal Institute empowers individuals and nurtures an environment that inspires and encourages diversity, equity and inclusion. www.appraisalinstitute.org/appraisal-profession/commitment-to-diversity/

SECRETARY Mary Fox, MAI foxmai@aol.com

DIRECTORS Joshua D. Garretson, MAI, AI- GRS, AI-RRS

Lee Ann Kampf, MAI

Jerry McHale, MAI

Maria Nucci, SRA, AI-RRS

Meghan Payne, MAI

Kathleen Turley

PAST PRESIDENT: Michael Descano, MAI


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