Course Description and Outline
CPD 122: Expropriation Valuation
Pre-requisite: Recommend BUSI 330 and BUSI 331, or a thorough understanding of the three approaches to value.
This course provides a working knowledge of expropriation concepts, the legislation and court precedents governing expropriation, and the techniques appraisers apply when carrying out expropriation assignments.
Course Outline
FOREWORD: Introduction to Professional Development Courses
LESSON 1: Expropriation Valuation
- Instructor's Comments
- Valuation and Compensation
- Concepts Under Expropriation
- CUSPAP and Expropriation
- CUSPAP and Expropriation
- Appraisal Due Diligence — A Partial Taking
- What Rights Are Taken — What Rights Are Left?
- Factors Offsetting Compensation
- Case Study 1: Larger Parcel and Compensation for Partial Taking
- Case Study 2: Land Compensation Reports Case Review
- Review and Discussion Questions
APPENDICES
- Excerpt from Real Estate Appraising in Canada
- Land Compensation Reports Sample Case/Record of Decision
- Selected Cases and Land Compensation Reports
- Public Works and Government Services Canada Guideline on Expropriation Appraisals
- Land Compensation Reports Sample Case/Record of Decision
AFTERWORD
- The Final Examination
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