ME164-WEB How Diminution in Value Affects Fair Market Value

Webinar Description

The purpose of this webinar is to define, defend and discuss definitions, examples and techniques with respect to addressing appraisal concepts concerning Diminution of Value. There will be specific examples of actual diminution in value cases.

Learning Outcomes

Upon webinar completion, the participant will be able to:

• Identify difference between Major vs Minor Repair;
• Interpret affect of Diminution of Value on Market Value;
• Describe care and custody industry standards; and
• Determine loss of use calculation and out of pocket costs.

Webinar Audience

Appraisers looking to expand their experience, knowledge and wisdom with respect to Diminution in value

Instructor Information

Christopher Zarnik, ASA | Corporate Concepts International

With over 30 years in the aviation industry, Chris is serving a diverse client base to achieve their corporate and airline sales, acquisitions, leasing and operational objectives.  As Program Director - Chris’s comprehensive knowledge of corporate aircraft ops, market research, corporate and airliner acquisitions, sales, appraisals, operational audits, expert witness engagements and advisory/consulting projects has earned him a worldwide client base.  Prior to CCI, Chris managed, purchased and leased corporate aircraft in Suadi Arabia.  Chris has also served as the Director of Business Development for an asset-based corporate aviation finance company, which was foundational to his financial and leasing advisory.  Chris’ operational experience as a Command Pilot in numerous Boeing and Airbus aircraft, blended with his previous corporate aircraft finance expertise, and aircraft sales experience allows him a diverse set of skills to deliver client-centered service to CCI’s clients.   Chris’ roots in aviation started in service of his country as a 1986 graduate of the United States Air Force Academy with a Bachelor of Science degree in Management and a Master’s degree in Systems Administration from St. Mary’s University in San Antonio, TX. From his current base in Raleigh, North Carolina, Chris serves clients in Asia, India, South America, Russia and MENA with an individualized commitment to achieving client goals and that has earned him a reputation for performance and integrity that is second to none in the industry.