The personal property program sessions follow:
Personal Property Sessions
Monday, July 13
Multidiscipline Sessions
Tuesday, July 14
8:30 a.m.—9:30 a.m.
IRS Regulations Specific to Personal Property
Peter Barash, ASA Governmental Relations Consultant
This session will provide an update on the latest IRS regulations that pertain to personal property. A question and answer period will follow the presentation.
9:30 a.m.—10:30 a.m.
Appraisal Document Control and Electronic Signatures: Protecting Your Work
Joni Herndon
This session will focus on protecting the work product, avoiding problems with electronically transmitted reports, and avoiding professional identity theft.
11:00 a.m.—5:30 p.m.
Off-Site Trip: Tiffany Study Morse Museum, Winter Park, FL
Note: This event is open only to Personal Property appraisers registered for Tuesday, July 14. It is not available to conference attendees in other disciplines or to companions.
Participants will tour the permanent collections of work by Louis Comfort Tiffany, including paintings, designs, glass and more. This collection is one of the largest in the world and showcases his artistry and genius. Curator lectures will be featured, as well as time on your own for self-study. (Bus departs the hotel at 11 a.m. for the museum. Lunch on your own at restaurants surrounding the museum, prior to meeting at the museum at 1 p.m. for the tour. Bus departs museum at 4:30 p.m. to return to hotel.)
Noon–1:00 p.m.
Elective Event: Media Training in Social Networking
Lisa Schaumann, Bendure Communications
Learn how to use blogs, podcasts, Facebook, RSS feeds, LinkedIn and Twitter to reach new audiences for your appraisal services.
Wednesday, July 15
8:30 a.m.—10:00 a.m.
Report Writing, USPAP Standards 7 and 8
Sandra Tropper, ASA, Artemis Inc.
Frances Zeman, FASA, Appraisal Resource Associates Inc.
This session will cover the 17 points of an appraisal, as well as briefly review the parts of an appraisal report that are required by ASA. The presenters will point out the requirements that are/are not imperative in a USPAP-compliant appraisal. Other requirements for reports from laws and/or regulations will also be noted.
Learning objectives include gaining an understanding of:
- The 17 points of an appraisal
- Current terminology for personal property appraisers
10:15 a.m.—11:15 a.m.
Art Theft and Due Diligence
Sharon Flescher, IFAR Executive Director, New York
While the legal issues surrounding art theft and due diligence may, on the surface, seem straightforward, that is not necessarily the case. Statutes of limitations, for example, vary by jurisdiction, and there is no clear legal definition of what constitutes diligence, let alone “due” diligence, for either the theft victim or purchaser. This talk will elucidate these issues by drawing on several legal cases in which art theft, due diligence and good faith purchasers played a role. Learning objectives include gaining an understanding of:
- How the statute of limitations regarding art theft varies by jurisdiction, and in what way Common Law and Civil Law countries differ regarding legal title to stolen art
- Why the concept of due diligence is not clearly defined
- How the case law regaring art theft has differed in its treatment of "good faith" purchasers
11:30 a.m.—12:15 p.m.
How To Talk to the Media
Lisa Schaumann, Bendure Communications
This session will describe how ASA works with the media—pitching stories, doing crisis communications, and dealing with ethics issues—and how media relations can be used to benefit your business.
Learning objectives include gaining an understanding of:
- ASA's successful personal property media relations program
- The dos and don'ts of working with the media
- How to get media coverage for your business
1:15 p.m.—4:00 p.m.
Fakes, Frauds and Due Diligence
Panel Discussion
Susan Golashovsky, ASA (Folk Art)
Sharon Kerwick, ASA, Kerwick Appraisals (Oriental Rugs)
Louise T. Hall, ASA, L.T. Hall Appraisals Inc. (Antique Furniture)
Daphne Rosenzweig, Ph.D., ISA, CAPP (Asian Antiques)
Tim Luke, ISA, AM (Collectibles)
This panel discussion will address the dilemma that appraisers often encounter when the client's property has been altered, misrepresented or faked. Each panel member will discuss his or her specialty area, providing examples of situations to be aware of, common "red flags" to look for, valuation issues to be addressed, and how to conduct due diligence. A question and answer period will follow the discussion.
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