QUALIFICATIONS OF APPRAISER

Michael J. Pratico, GAA, SCGREA

RG-00630

SUMMARY OF Thirty years of real estate experience - appraising, consultation, feasibility, QUALIFICATIONS brokerage, development. Seasoned chief appraiser, manager and broker.

EXPERIENCE Lexington Appraisal Group (Chief Appraiser) 1/90 - Present

Richardson Commercial, Realtors (Vice President/Manager) 11/81 - Present

Pratico Realty Company (Owner/Broker of Record) 5/79 - 11/81

Richardson Realtors (Salesman/Appraiser) 6/76 - 5/79

Mancuso Realty (Salesman) 1974 - 1976

Sherman Roofing & Siding (General Contractor) 1972 - 1974

Various Real Estate Partnerships (Developer/General Partner)

Mercer County Board of Realtors (Director/Secretary) 1986 - Present

MCBR Commercial/Investment Committee (Past Chairman)

NJ Realtors Land Institute (Past Vice President) 1978-1979

State of NJ (Past Condemnation Commissioner)

EDUCATION Real Estate Salesperson Course Exam

Real Estate Brokers Course Exam

GRI Courses, I, II & III Exam

CIREC Courses

CI 101-Real Estate Investment & Taxation Exam

CI 102-Real Estate Feasibility and Demographics Exam

CI 103-Advanced Real Estate Invest./Capitalization Exam

CI 104-Case Studies in Commercial Real Estate Exam

CI 105-Advanced Principles of Comm. Real Estate Exam

Leasing Principles Comm. Real Estate/Northwest Exam

Applied Real Estate Syndication-RESSI Exam

Concepts, Terminology and Techniques-NAIFA Exam

Standards & Practice-NAIFA & AI Exam

1A2 Basic Valuation Procedures-Appraisal Institute Exam

Business Appraisal-Blue, Inc. Exam

All Continuing Education Requirements Have Been Met

AFFILIATIONS State Certified General Real Estate Appraiser-NJ

DESIGNATIONS State Certified General Real Estate Appraiser-PA

LICENSES Licensed Real Estate Broker - NJ & PA (Since 8/73)

LECTURER Appraisal Institute - State Accredited Affiliate

GRI-Realtors Institute - Graduate and Teacher

IFA - Lecturer

National, State and County Boards of Realtors - Member

Qualified Expert Witness

NJ Real Estate Commission - Approved Instructor (Retired)

NJ State Appraisal Board - Approved Instructor

FHA - Approved Appraiser

GAA-General Accredited Appraiser -NAR

Certified Assisted Housing Manager

C3P - Certified Credit Compliance Professional