A Study of Texas Property Tax Law -2003
Summary:
The Texas Property Tax Code was enacted into law in 1979. It has undergone many statutory changes in past years, and it is important for those practicing within the real estate industry to study these changes.The course outlines the property tax appeal process as mandated in the Property Tax Code. Not only will students cover the process itself, but relevant case law as well. Students will be able to review the process, procedures and recourse of property tax appeal.
(Accepted Credits: TDLR 6, TALCB 6, State Bar 6)
Summary:
This is a NEW course for 2002! Learn about one of the hottest topics in property tax. The course covers the topic of equal and uniform, including how it came about and where it stands today. The Texas Constitution requires equality, uniformity and proportionality. This course teaches how all of these elements should be stated in a relationship to a property's market value. Students will learn the recognized methods to estimate market value and how to apply those methods in conjunction with Chapter 42.26(d) of the Tax Code. There are detailed discussions of current cases involving this issue, such as United Investors v. Harris County Appraisal District, as well as others. Students will also learn about "sampling" and how to use sampling techniques to support Section 42.26 claims.
Summary:
The course studies the complete process of real estate appraisal and taxation beginning with the history of ad valorem taxation and ending with topics such as valuation of environmentally contaminated properties and stigmatized properties. The instructor will review the three approaches to value; cost, market and income, and will discuss the theory of highest and best use. Learn how and why real estate is appraised and the applications of appraisal for property taxation.
(Accepted Credits: TDLR 8, TALCB 8, State Bar 8)
Summary:
This is a NEW course for 2002! IREP is proud to provide students an in depth course into the world of retail properties. Students will learn about retail properties from the perspective of the retailer. Learn what retailers want and need in a space, what processes they go through to find the "perfect" and most productive locations, and what makes their space unique in comparison to other types of properties. Students will gain a great understanding of what it takes to create and operate a retail property, and then apply that knowledge to determining how to establish value for these special use properties. Other topics covered include: use of the cost approach to value, types of leases and what the rent structures actually mean, intangible value, as well as a study of "big box" versus "special use" type properties.
Summary:
The course studies the reformation of the real estate industry and how federal regulations impact the process of appraisal and the real estate industry as a whole. The instructor will cover the organization of the Uniform Standards as mandated by the federal government and will also discuss the ethical responsibilities of appraisers. Other topics included are the certification program at the state level and a review of the report writing process.
(Accepted Credits: TDLR 7, TALCB 7, State Bar 7)
Summary:
A study of Senate Bill 841 and its relation to Section 23.01 of the Texas Property Tax Code regarding mass appraisal and USPAP Standard Rule 6. This rule instructs the appraiser to identify and segregate real estate and personal property. Separate valuations of such items is required when they are significant to the overall value. This course exposes the student to the basic techniques of separating real and personal property values, including tangible and intangible property, inventory and more.
(Accepted Credits: TDLR , TALCB , State Bar )
Summary:
An examination of real estate valuation including a study of Senate Bill 841 and its relavance to Section 23.01 of the Texas Property Tax Code regarding mass appraisal and USPAP Standard Rule 6. USPAP recognizes the link between utility and value. The course examines the principles of land utilization which control the highest and best use and ultimately the value of property. Study the various methods of determining the highest and best use and test the methods in a case study.
(Accepted Credits: TDLR 8/2 legal, TALCB 8, State Bar 8)
Summary:
This course will be of interest to tax consultants and appraisers, as well as those who serve as expert witnesses. Learn how to prepare a property tax case in an organized and ethical manner, and how to effectively present the case at the informal, formal or district court level. Students will learn the "tricks of the trade" in oral presentation and negotiation, how to find and evaluate evidence, how to challenge the opposition by recognizing when to refute unreliable data, statistics or misrepresented similarities. Learn how attitude and being liked affect the presentation of a case and how to effectively implement specific techniques to improve your presentation. Includes a case study.
(Accepted Credits: TDLR 8/2 legal , TALCB 8 , State Bar 8/1 ethics )
Summary:
The course is designed to update students on hot issues in property taxation. The instructor will cover important topics such as business enterprise value, mass appraisal, ag exemptions, and the issue of equal and uniformity. Learn about low income housing credits; how they work, who uses them their requirements and more, as well as environmental issues such as identifying and valuing wetlands and environmental easements. Attention will also be given to current ethical problems in the industry such as the unauthorized practice of law and fee splitting. Both tax consultants and appraisers should benefit from the extensive coverage of current issues this course offers.
(Accepted Credits: TDLR 8/2 legal , TALCB 8 , State Bar 8/1 ethics )
