WEBINAR DESCRIPTION
Assessment Valuation of big box stores seems to create many challenges for assessing authorities and taxpayers. In recent years there has been extensive litigation throughout the United States and Canada dealing with the appropriate valuation methodology for these properties. A few American states have revised their property tax laws in an attempt to regulate valuation methodology for these properties. This Webinar will explore the challenges associated with the valuation of these properties and discuss the Canadian experience. The panelists will discuss their perspectives on valuation, including selection of comparable properties for the derivation of fair market rents - Issues of a relationship between development cost and lease rates, whether cost-based leases represent market rent and what is the correct economic life of a big box store will be discussed.
On Demand Webinar Series
About the On Demand Series
Missed out on a live webinar? Want to catch up? We’ve got you covered! The IMA’s On Demand Webinar Series provides access to all past webinar recordings to ensure you don't miss a thing. Earn CPD credits from the comfort and safety of home with these timely and engaging sessions led by subject matter experts from across Canada.
After purchase, you will have access to the recording for 48 hours. Be sure to complete brief feedback survey following the recording to have your CPD credits automatically logged to your IMA member portal.
ADDITIONAL WEBINAR INFO
CPD Credits
- 1.5 Leaning Credits
Presenters
- Lee Tomkins, M.I.M.A.
- Charles Johnstone, FRICS, AACI, M.I.M.A., R.I.(B.C.)
Completion Time
- You will have access to the recording for 48 hours after the purchase