Defending a Commercial Assessment Using the Three Approaches Webinar
Obsolescence Impacting Personal Property: Considerations in the Current Economy Webinar
Presented by Arline Broome, MMAO & Todd Barron, MBA, CMI
Recorded on August 27, 2013
These combined Webinars offer 3.0 CEU
Defending a Commercial Assessment Using the Three Approaches
This webinar will tell you how to properly collect the data required for each approach to value and where to find it; how to properly apply the three approaches to value; and how the information from the three approaches to value can be used to defend an assessment.
Obsolescence Impacting Personal Property: Considerations in the Current Economy
The audience participates in a thorough discussion of functional and external obsolescence issues impacting personal property. The material will cover the basic concepts of obsolescence and corresponding calculations, but will also include several advanced case studies. When valuing personal property it is critical to account for all forms of obsolescence. Unfortunately, valuation tables applied in a mass appraisal setting for property tax purposes do not necessarily capture all forms of obsolescence. Given the current economic conditions, the assets of many businesses suffer from obsolescence and, therefore, many taxpayers may be seeking and deserve a value adjustment. This session will help attendees understand the issues and how to calculate obsolescence to ensure accurate assessments.