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ASFMRA News

ASFMRA 80th Annual Meeting Had It All - Success, Fun & Snow [November 4, 2009]

The 2009 Annual Meeting was held October 27-30 just outside of Denver brought nearly 370 ASFMRA members, 25 trade show exhibitors and two feet of snow to the Westin Westminster hotel! For two days, the snowflakes fell around the conference facility while members from across the country attended meetings, education seminars, program sessions and visited with vendors. A trip to the National Western Stock Show and a Prime Rib Dinner just barely beat the storm as more than 200 members were treated to a Prime Rib Dinner sponsored by the Colorado Chapter and Farm Credit System. [Click for awards, presentations, and photos]

THANK YOU for Supporting the Education Foundation [November 10, 2009]

Thank you to all the donors, buyers, and supporters of the Education Foundation Auction! This year was another fantastic auction and entertainment. A total of $26,701.00 was raised to support the work of the Foundation. The Wii winner was Eric Wilkinson a manager from Illinois with a score of 260. Second place was Keith Houin, ARA, an appraiser from Colorado with a score of 196. The Costume Contest winner was Ronald Ensz, ARA from South Dakota who was dressed as John The Toilet. Click here to read more and see a picture of John the Toilet.

 

ASA to Offer ASFMRA's Valuation of Conservation Easements and Other Partial Interests in Real Estate

This 3-day seminar addresses the generally accepted principles and procedures to value partial interests (not fractional ownership interests, but something less than the fee bundle of rights). The seminar provides an overview of the differences between conservation easements prepared under USPAP, UASFLA/Yellow Book, and IRS requirements — and their application to partial estate valuations. Other partial interest examples and case studies encompass highway right-of-ways, power line, pipeline, avigation easements that demonstrate how to solve complex valuation problems and report their results. This is a hands-on, how-to seminar. 

 Learning Objectives:

1. Understand how to identify the various kinds of partial interests in real estate, especially conservation easements
2. Understand the application of recommended partial interest valuation procedures
3. Become aware of specific requirements for valuation of partial interests under USPAP, UASFLA, and IRS

Dates and Locations:

December 6- 8 in Albany

December 10 12 in Indianapolis

  

Click here to register online.
Or call Toll Free (800) 272-8258 to register by phone.

 

Next Generation of Bio-fuels [November 13, 2009]

The American Society of Farm Managers and Rural Appraisers (ASFMRA) is the premier professional organization for property economics professionals who provide management, consultation, and valuation services on rural and agricultural assets. The ASFMRA, founded in 1929, provides members with the resources, information, and leadership that enable them to provide valuable services to the agricultural community. The focus of the ASFMRA is providing education and networking opportunities for a professional group of members providing farm and ranch management, rural and real property appraising, review appraisal, and agricultural consulting services to the private and public sectors and to the governmental and lending communities.