Meeting/Event Information

This course is taught as a practical, hands-on course.  Participants will learn specific methods and procedures to measure and value property before and after an encumbrance, as well as damages, if any result.

• The nature of easements, bundle of rights, easements v. licenses en gross v. appurtenant, creation/duration, residuals and reversion interests
• The two approaches to valuation: Before and After (Federal Rule), value of the art taken plus damages (State Rule)
• Steps in the appraisal process (State Rule): how to value the whole larger parcel: when the taking is typical of the whole; when the taking is not typical of the whole; how to value the part taken; use of paired sales; the "Three R’s"
• Damages, severance, cost-to-cure, change in highest and best use, increased cost of operation, restraints upon future development
• How to value temporary easements
• Appraisal of special easements, scenic, slope, flood, flowage, air rights, and other.

Instructor: Christina H. Thoreson, SR/WA, MAI

Christina has worked in the appraisal industry since 1986.  She has earned the SR/WA from the International Right of Way Association and the MAI, SRA, and AI-GRS designations from the Appraisal Institute.  Her valuation practice has focused on eminent domain since 1990, with almost three years experience internally at the Tennessee Department of Transportation as a review appraiser. She has more than 28 years experience appraising for acquisition and negotiation purposes and has been reviewing appraisals, primarily for eminent domain, since 2009. Additionally, her experiences teaching both real estate brokerage and valuation, specifically for the IR/WA as a CLIMB certified instructor, and operating a real estate brokerages for over six years provides depth to her understanding of markets.  She holds the CDEI designation and is an AQB Certified USPAP Instructor.   She appraises property rights and reviews appraisals for non-profits, local governments, state agencies, private individuals, and corporations.