Meeting/Event Information

Topic: Fee Simple

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• Ambiguity: Appraisal Institute definition v. legal definition
• What is an encumbrance?
• What is a lease?

• What is a lease? (revisited)
• Real property or personal property?

• Fee simple in condemnation in the unit rule
• Fee simple absolute v. defeasible fee
• Intangibles

Joshua Wood is Senior Managing Director of Litigation for Valbridge Property Advisors | Houston. Mr. Wood is a state certified general appraiser in Arizona, Texas, Louisiana and Oklahoma. He holds the MAI and AI-GRS designations from the Appraisal Institute and is a member of the State Bar of Arizona. He is also an arbitrator on the Construction Panel of the American Arbitration Association.

As an instructor for the Appraisal Institute, Mr. Wood teaches litigation and regulatory compliance and serves as a course reviewer. He is also an instructor for the International Right of Way Association and is an AQB Certified USPAP Instructor for the Appraisal Foundation. He has presented lectures for bar associations and national conferences and has been published in law reviews and journals.

Mr. Wood’s professional work is focused on appraisals and consultation for litigation. His opinions have been used in conjunction with a variety of legal disputes, including property tax, condemnation, bankruptcy, construction defect, breach of contract, title defect, environmental contamination, partition and estate tax.