REST 123 - Real Estate Appraisal

    Recent Professors
    Not yet assigned
    Recent Semesters
    No scheduled sections on record
    Class Size
    Not published
    Credits
    3
    Transfers To
    Not transferable
    Description
    Students will learn the economic, legal, and social factors that influence property value, along with the three traditional approaches to appraisal: cost, income, and market comparison. This course introduces the principles, methods, and practices of real estate appraisal as required for professional valuation of real property. Topics include property inspection, data collection, neighborhood analysis, highest and best use, depreciation, capitalization, and report writing. Emphasis is placed on standards set by the Uniform Standards of Professional Appraisal Practice (USPAP). This is a required course for the California Real Estate Broker license and an elective for the California Real Estate Salesperson license.