Workshop 171 – IAAO Standards of Professional Practice & Ethics
September 6, 2019 1 day

Middlebury Regional Emergency Medical Services Building
55 Collins Drive, Middlebury, VT 05753
Instructor: Ben Masterson

IAAO’s “Code of Ethics, Canons and Standards of Professional Conduct” is covered in this course. This workshop is designed to provide performance standards for real property, mass, business and personal property appraisal and consulting. Case studies and exercises illustrate the material.

Exam: Yes
VMA II / IAAO recertification credit: 7 hours

Course 300 – Fundamentals of Mass Appraisal
September 30th – October 4th, 2019 4.5 days

Hartford Town Office
171 Bridge Street, White River Junction, VT 05001
Instructor: Rick L. Stuart

This course provides an introduction to mass appraisal and is a prerequisite for the IAAO 300-level course series. Topics covered include single-property appraisal versus mass appraisal, components of a mass appraisal system, data requirements and analysis, introduction to statistics, use of assessment ratio studies in mass appraisal, modeling of the three approaches to value, and selection of a mass appraisal system. For more information about this course, please review the Course Information Packet (

Prerequisites: Course 101, Course 102
Recommended textbook: Fundamentals of Mass Appraisal (FMA, ordered via the IAAO website);
VMA III / AQB approved: 33.50 hours CE with exam / 30 hours CE

Workshop 452 – Fundamentals of Assessment Ratio Studies
October 23rd – 25th, 2019 2.5 days

Hampton Inn & Suites
4519 Main Street Manchester Center, VT 05255
Instructor: David M. Cornell

This workshop provides a very basic introduction to the development and uses of assessment sales ratio studies based upon the IAAO Standards on Ratio Studies: January, 2007. The workshop covers the topics of sales analysis, sampling, and the development of assessment ratio studies. The workshop also covers managerial and technical issues, which include staffing, timing of studies, use of study results, statistical testing and assessment regressivity and progressivity. This workshop includes an exam.

Prerequisites: Course 101
Exam: Yes
VMPA / IAAO recertification credit: 18.5 hours

VALA IAAO Course/Workshop Matrix


VALA Education Course Plan (Vermont Property Assessor Program)