Qualifications: George K. Cox, MAI, SRA

PROFESSIONAL EXPERIENCE

Since 1967 George K. Cox has provided services as a real estate appraiser, educator, writer, regulator, and consultant to individuals, corporations and governmental agencies. He has an extensive background in matters of litigation valuation.  His practice in recent years has included litigation support services, valuation studies, consultations, educational offerings and presentations on a number of matters involving solutions to problems with varying degrees of complexity.  He is nationally recognized on his expertise in litigation valuation.  He has testified in numerous courts on issues involving real property.  He has served as a guest lecturer on numerous occasions. 

He began his career with the Kentucky Transportation Cabinet, Department of Highways as an appraiser trainee.  From 1970 to 1971 he was employed as a staff appraiser with the Illinois Transportation Cabinet, Department of Highways.  From 1972 to 1977 he was a partner in the valuation firm of Bartlett, Wright, and Cox & Ershig.  In 1977 he opened his business in Owensboro, Kentucky and incorporated the company in 1979. 

GEOGRAPHIC AREA OF EXPERIENCE

PROFESSIONAL AFFILIATIONS AND ACCREDITATIONS

APPRAISAL CERTIFICATIONS

PRIMARY FIELD OF PRACTICE

REAL ESTATE LICENSES

PROFESSIONAL ACTIVTIES

Past President, Bluegrass Chapter -Appraisal Institute (2000)

Past President, Evansville Chapter - Society of Real Estate Appraisers (1974)

APPOINTMENTS

Kentucky Real Estate Appraisers Board (Chairman 2000, 2001, 2002)

Instructor Real Property Appraisal

Articles Authored

Seminars Developed

GENERAL EDUCATION

Attended University of Kentucky through the Community College System

NOTE:  In 1977 one of the qualifications for obtaining the MAI designation was a four-year college degree.  I was approved by the National Education Committee of AIREA to have the equivalent of a four-year college degree.

PROFESSIONAL EDUCATION

Technical Courses

• Basic Principals, Methods & Techniques (P) Indiana University 1972
• Income Approach to Value & Capitalization (P) Appraisal Institute - Chicago, IL 1972
• Residential Properties (P) Tulane University 1973
• Urban Properties (P) Tulane University 1975
• Investment Analysis - Ellwood Technique (P) University of Maryland 1976
• MAI Comprehensive Examination (P) Indianapolis, IN 1977
• Industrial Properties (P) University of South Florida 1979
• Capitalization Part II (A) University of Colorado 1979
• Advanced Case Studies in Rural Valuation (P) Owensboro, KY 1982
• Litigation Valuation (P) University of North Carolina (Selected by class as expert witness in mock trial) 1984
  
• Standards of Professional Practice - 1982, 1985, 1991, 1993.
  
• Standards of Professional Practice, Part C (P) Louisville, KY 1998
  
• Litigation Valuation (720) (AI), St. Louis, MO (Appointed by senior instructor as attorney for landowner in mock trial) 2003
  
• Expert Witness & Litigation – (AI) Murfreesboro, TN 2005
  
• Uniform Appraisal Standards for Federal Land Acquisition AI (Louisville) 2007

Seminars

• Feasibility Analysis (AIREA) 1974
• Computer Applications for Appraisal Process (AIREA) 1980
  
• Component Depreciation (AIREA) 1980
  
• Feasibility & Market Analysis (AIREA) 1982
  
• Discounted Cash Flow Analysis (AIREA) 1982
  
• Introduction to Real Estate Investment Analysis (AIREA) 1982
  
• Computer Assisted Discounted Cash Flow Analysis (AIREA) 1982
  
• Rural and Farm Appraising (AIREA) 1983
  
• HP Financial Calculator (AIREA) 1984
  
• Basic Use of Computerized Cost Analysis (M&S) 1985
  
• The Valuation of Leased Fee & Leasehold Estates (AIREA) 1985
  
• Advanced Use of Computerized Cost Analysis (M&S) 1986
  
• Fannie Mae & Appraisal Process (SREA) 1986
  
• Tax Laws & Their Effect on Real Estate (AIREA & SREA) 1986
  
• R41C & the Appraiser (SREA) 1986
  
• Single Family Appraisal & URAR (AIREA) 1988
  
• Developing Appraisal Policies (USLSI) 1988
  
• Reviewing Appraisals for Non-Appraisers (USLSI) 1988
  
• Capitalization Overview, Part B (AIREA) 1988
  
• SPP Update (AIREA) 1988
  
• Discounted Cash Flow Analysis (AIREA) 1988
  
• The Narrative Appraisal Report (AIREA) 1989
  
• Appraisal from Plans & Specifications (AIREA) 1989
  
• Evaluating Residential Construction (AIREA) 1989
  
• Uniform Commercial/Industrial Report (AIREA) 1989
  
• Reviewing Appraisals (AIREA) 1990
  
• Ethics Administration Program (AIREA) 1990
  
• Impact of Large Industrial Developments (AIREA) 1990
  
• State Certification & Licensing (AIREA) 1990
  
• Survey Research (AIREA) 1990
  
• Applies Sales Comparison Approach (AI) 1991
  
• Farm Valuation (AI) 1992
  
• Small Residential Income Property Report (AI) 1992
  
• Appraising Troubled Properties (AI) 1992
  
• Appraisal Regulations of the Federal Banking Agencies (AI) 1993
  
• Appraisal Reporting of Complex Residential Properties (AI) 1993
  
• The New Uniform Residential Appraisal Report (AI) 1993
  
• Market Extractions; Income Properties (AI) 1993
  
• Highest & Best Use (AI) 1994
  
• Uniform Standards of Professional Appraisal Practice (KREAB) 1994
  
• Understanding Limited Appraisals & Reporting Options (AI) 1994
  
• Residential Property Construction & Inspection 1995
  
• Appraisal Practice for Litigation (AI) 1995
  
• Easement Valuation (AI) 1995
  
• General FHA Training (HUD) 1996
  
• Appraising One-Four Family Income Properties (AI) 1996
  
• Advanced Income Capitalization (AI) 1996
  
• Market Extractions - Income Properties (AI) 1996
  
• Uniform Standards of Professional Appraisal Practice (KREAB) 1996
  
• Appraising High Value & Historic Homes (AI) 1997
  
• Litigation Skills for the Appraiser - An Overview (AI) 1997
  
• Ratios & Reasonableness - Part II (AI) 1998
  
• Laws & Administrative Regulations (KREAB) 1998
  
• Laws & Administrative Regulations (KREAB) 1999
  
• USPAP Update & Issues Impacting the Appraisal Profession (KREAB) 2000
  
• Valuation of Detrimental Conditions in Real Estate (AI) 2000
  
• Rural Residential Valuation (ASFMRA) 2000
  
• Valuing Conservation Easements (ASFMRA) 2000
  
• USPAP Update & Issues Impacting the Appraisal Profession (KREAB) 2001
  
• USPAP Update & Issues Impacting the Appraisal Profession (KREAB) 2002
  
• Attacking & Defending an Appraisal in Litigation (AI) 2002
  
• Subdivision Analysis (AI) 2003
  
• Boundary Law in Kentucky (University of Kentucky College of Law) 2003
  
• Condemnation & Eminent Domain in Kentucky (University of Kentucky College of Law) 2003
  
• Uniform Standards of Professional Appraisal Practice - Update (I-CAN) 2004
  
• Introduction to Income Capitalization (AI) 2004
  
• Rates & Ratios: Making sense of GIMs, OARs, and DCF (AI) 2004
  
• Indiana Appraiser License Law (AI) 2005
  
• Market Analysis & Site to Do Business (AI) 2006
  
• Uniform Appraisal Standards For Federal Land Acquisition (AI) 2007

EXPERT WITNESS QUALIFICATIONS

Testified in various state and federal courts involving matters relating to real property valuation.   Testimony includes the various interests in real property, i.e., fee simple, leased fee, leasehold, before and after appraisals, easement valuation, etc.

SAMPLE OF ASSIGNMENTS

Special Assignments:

• Communications and Transportation Corridors         
  
• Industrial and Limited Market Properties
  
• Economic Feasibility Studies
  
• Highest and Best Use Studies

Property Type (Partial)

CLIENTS

Appraisal services have been provided to private individuals, law firms, corporations and governmental agencies. Following is a sampling of clients served:

GOVERNMENT

FINANCIAL INSTITUTIONS

CORPORATIONS

INSTITUTES OF HIGHER LEARNING

UTILITY COMPANIES

MUNICIPALITIES

AIRPORTS

• Owensboro-Daviess County Airport
• Huntingburg-Dubois County Airport
• Singleton Aviation