CCMA 1B – Assessment Valuation This course is intended for newly-hired assessors, assessor clerks, new staff members and others interested in earning the CCMA designation. Along with CCMA IA, this is an appropriate course for first-time attendees. Content: Concept of value 490 Valuation (farm, forest and open space) Revaluation Sales ratio and grand list codes Motor vehicle assessment administration Miscellaneous valuation problems Prerequisites: None Instructors: Brian Smith and Thomas M. DeNoto
CCMA 2B – Application of Valuation Techniques This course is open to attendees who have completed the prerequisites below and to others on a space-available basis. Content: Mathematics and statistics Cost schedules Revaluation concepts Commercial valuation Sales comparison approach to value Prerequisites: CCMA 1A, 1B and 2A Instructors: Walter Topliff, Diane Vitagliano Rich Seman
CCMA 3 – Income Approach to Value This course is open to attendees who have completed the prerequisites below and to others on a space-available basis. Content: Income capitalization Capitalization and discount rate development Mortgage equity and band of investment Use of the HP-12C financial calculator Residual techniques Discounted cash flow analysis Financial functions Prerequisites: CCMA 1A, 1B, 2A and 2B Instructors: William O’Brien and Stuart Topliff
Courses 2A, 2B, 3 and 4 require the purchase of “IAAO Property Assessment Valuation, Third Edition”. It is available on the IAAO website for $50.00. https://www.iaao.org/Store/detail.aspx?id=BK0097