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Hello, my name is Adele. I am currently enrolled at the University of British Columbia (UBC) taking BUSI 499: Income Property Guided Case Study, below is a description of the course:
BUSI 499 (6) Income Property Guided Case Study
This two term course will guide students through the income property appraisal process, focusing both on valuation techniques as well as general research and report writing skills. This course fulfils the Appraisal Institute of Canada's guided case study requirement. (Prerequisite BUSI 330, 331, 442, & 452). Textbook sold separately: Appraisal of Real Estate (3rd Canadian Edition), $103.95 (includes taxes). Can be purchased directly from the Real Estate Division's Online Bookstore. [WTI, WTII, STI]
The final examination for this course consists of a complete narrative appraisal report on an income-producing property of my choosing. This examination is Assignment No. 19 and essentially consists of a logical, coherent consolidations of the various pieces of the narrative appraisal report that are presented in all assignments leading up to Assignment No. 19.
The following is the Mandatory and Recommended Requirements for obtaining a subject property:
Table 4.2
Subject Property Checklist: Mandatory Requirements

1. ________
Sufficient market information is available.
2. ________
Land sales exist such that the majority precede the effective date of appraisal.
3. ________
Improved property sales exist such that the majority precede the effective date of appraisal.
4. ________
Building is at least 5 years old as of the effective date of appraisal.
5. ________
The effective date of appraisal does not precede the date of registration and approval of the student's choice of subject property by more than five years.
6. ________
If a multi-family residential building, it must contain a minimum of six suites.
7. ________
Site as if vacant can be sold on its own.
8. ________
Property rights being appraised are fee simple.
9. ________
Highest and best use is as an income-producing, non-agricultural property.
10. ________
Site is improved to its highest and best use.
11. ________
Subject has at least one actual example of physical deterioration, curable.

Table 4.3 Subject Property Checklist: Recommended Requirements(in order to minimize the implications on work required for the assignments)

12. ________
Subject has no actual example of functional or external obsolescence.
13. ________
Subject represents either a legal conforming or legal non-conforming use.
14. ________
Municipality would permit the subject building(s) to be rebuilt if destroyed.
15. ________
Market rent comparables exist, relevant to the effective date of appraisal.
16. ________
Subject has no known structural deficiencies.
17. ________
Subject has no heritage designation.
18. ________
Subject has no known environmental contamination issues.
19. ________
Subject is a relatively standard lot.
20. ________
Subject building is typical of many others in the market.
21. ________
Site coverage (building area to lot area ratio) is typical of that of similar properties.
22. ________
The owner and tenants of the subject property are very cooperative with respect to permitting access for inspection purposes.
23. ________
The owner of the subject property has agreed to provide a one- to three-year revenue and expense history for the subject property.
24. ________
Building plans are available for the subject property.
Note that statements 16, 17, and 18 are negative statements. If you check the box, it means that the property DOES NOT have the problematic issues listed. If the property has any of these problematic issues, then leave the box unchecked and discuss it with your tutor.

Lastly, a letter of authorization is required from the owner of the subject property.
If you have any further questions with regards to information required, or what the project entails please don't hesitate to contact me.
PS. I would really appreciate it if someone helped me out it is really hard to find someone to let you do a report on their property. This is my last course that I need in order to finish my schooling!

Type: Commercial buildings
Province: Alberta 
City: Three Hills 
Category: Commercial buildings
Commercial buildings in Alberta
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