Appraisal of Land Subject to Ground Leases

4.06 Average Customer Rating

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Appraisal of Land Subject to Ground Leases has earned an average of 4.06 out of 5 stars from 355
It's not news that one of the most sought after commodities on the real estate market is commercial property. While the more common type of commercial lease is for space within a retail or office building, ground leases present unique and mutually beneficial opportunities for both landowners and tenants. As a practicing appraiser, a thorough understanding of the multiple components of ground leases will give you a helpful edge when it comes to valuing commercial real estate, as well as provide you with tools to work with a wide variety of clients. This course will give the appraiser a foundation in the reasons why ground leases are used, how they are structured, and the unique challenges they pose. Additionally, this course will cover the primary physical characteristics and lease clauses that influence the value of ground property. 
The course assumes that the student appraiser has had training on the sales comparison approach and the income approach including discounted cash flow analysis, and ties that training to the specialty of ground leased land appraisal.

Chapter list:

1. Chapter 1: Fundamentals of Ground Leases
2. Chapter 2: Ground Rent Capitalization Rate Factors and Site and Location Factors
3. Chapter 3: Sales Comparison Approach
4. Chapter 4: Income Approach
5. Final Exam

Course ratings and reviews

McKissock is rated 3.9 out of 5 by 1728.
Rated 5 out of 5 by from Best training on ground leases I've had in thirty years as a commercial appraiser. Be warned, this may be a 7 hour course but it will probably take much longer to complete (but it's worth it).
Date published: 2019-09-20
Rated 5 out of 5 by from This was a solid overview of properties subject to ground leases, including a refresher on principles of the sales comparison and income approaches to value.
Date published: 2019-08-31
Rated 5 out of 5 by from Good course, helpful as a refresher and to get CE hours.
Date published: 2019-07-09
Rated 5 out of 5 by from This is a good course. However the material is out dated. Their is no support when you ask questions.
Date published: 2019-05-20
Rated 5 out of 5 by from This course is a must for any commercial appraisers who have to perform ground lease appraisal assignments. The course goes over the many factors affecting value and gives examples of typical valuation assignments--from simple to complex.
Date published: 2019-04-25
Rated 5 out of 5 by from Very good course that will familiarize students on how ground lease properties are valued.
Date published: 2019-02-13
Rated 5 out of 5 by from Good overview of leases if investing in ground leases, or for appraisal of ground leases
Date published: 2018-12-14
Rated 5 out of 5 by from good course difficult though
Date published: 2018-11-22
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What type of software is required for this course ?

Asked by: Thom
There are no specific software requirements.
Answered by: McKissock
Date published: 2019-01-29

Hi there. I am a Certified General Real Estate Appraiser in Mississippi and am needing 14 hours of CE. I just wanted to make sure this course counts as credit!

Asked by: Grant
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