The 7-hour National USPAP Update Course focuses on the 2006 changes to USPAP. It also includes clarification of commonly misunderstood aspects of USPAP. The course presentation encompasses highly interactive lectures and discussion examples. Course materials include student manual and current edition of USPAP. This is a CE requirement for license renewal! The 15-hr course may no longer be substituted for the required 7-hour USPAP CE.
This two-day advanced seminar is fully consistent with the new AQB requirements to serve as an elective for both certified categories of licensure. This course reviews the characteristics of a shopping center with an overview of size, location, and products sold at various types of Centers. Also discussed will be the financial rationale of Centers with an emphasis on key factors such as supply and demand within primary and secondary markets. Exterior and interior characteristics such as parking ratios and physical location of stores will be reviewed. The three approaches to value will be discussed as they relate to a shopping center. Key lease provisions that are typically found in retail leases will be reviewed. Finally, a case study for a small Center will be distributed to the class to be worked on in small groups via work sheets and answer keys. A financial calculator is required. An HP 12-C will be used in class and is recommended.