Qualifications

QUALIFICATIONS OF
BRADLEY J. LUNETTA, MAI

EDUCATION

Bachelor of Arts Degree in Business Economics at University of California, Santa Barbara, 1995

Appraisal Institute Courses: I110 Appraisal Principals; I120 Appraisal Procedures; I310 Basic Income Capitalization; I410 Standards of Professional Practice, Part A; II530 Advanced Sales Comparison & Cost Approaches; Advanced Income Capitalization; General Appraiser Report Writing and Case Studies; Advanced Market Analysis and Highest & Best Use; Advanced Concepts & Case Studies; plus numerous seminars

PROFESSIONAL AFFILIATIONS

MAI Designated Member of the Appraisal Institute

Certified General Real Estate Appraiser - State of California
(BREA Appraiser Identification Number AG025742)

Chair of County of Ventura Assessment Appeals Board #2

SCOPE OF EXPERIENCE

Employed full time by James F. Lunetta, MAI from June 1995 to December 2001. Partner with Lunetta Appraisal Company from January 1, 2002, to present. Experience has included appraisal of residential, commercial, industrial and rural properties for various purposes (lending, estate planning, marriage or partnership dissolution, etc.) as well as consultation and court testimony as an expert witness.

Types of property appraised:

• Vacant Land - Residential, commercial, industrial, subdivisions, rural, agricultural
• Residential - Single family, small and large multi-family, residential and rural estates, mobile home parks
• Commercial - Shopping centers, office buildings, medical offices, strip commercial centers, restaurants, service stations, retail buildings, motels/hotels, mixed-use properties, etc.
• Industrial - Warehouses, flex space, manufacturing facilities, etc.
• Special Purpose - Fraternal buildings, airplane hangars, churches, self-storage facilities, car washes, residential care homes

QUALIFICATIONS OF
JAMES F. LUNETTA, MAI

EDUCATION

Bachelor of Science Degree in Business Administration at California State College at Los Angeles, 1965

12 units of graduate work in Urban Economics at the University of California at Santa Barbara, 1973-74

Over 24 units of Real Estate courses (Cal-State-L.A., UCLA) American Institute of Real Estate Appraisers (predecessor of the Appraisal Institute) - six courses plus numerous seminars

PROFESSIONAL AFFILIATIONS

MAI Designated Member of the Appraisal Institute

Certified General Real Estate Appraiser - State of California
(BREA Appraiser Identification Number AG004514)

SCOPE OF EXPERIENCE

Employed by Ventura County Assessor for ten years from November 1, 1966, to January 31, 1977. Assistant Appraiser for two years, Associate Appraiser for six years, and Senior Appraiser for two years. Seven years in the commercial-industrial section and appraised over one thousand parcels. Expert witness in over fifty assessment appeal hearings.

Self-employed Fee Appraiser from February 1, 1977, to present. Major emphasis on commercial and industrial properties. Over 90% of appraisals are extensive narrative reports. Expert witness in Bankruptcy Court and Superior Court.

Types of property appraised:

• Vacant Land - Residential, commercial, industrial, rural, agricultural, subdivisions
• Residential - Single family, rural estates, small and large multi- family, apartments, mobile homes parks, etc.
• Commercial - Shopping centers, service stations, general and medical office buildings, strip commercial centers, restaurants, motels/hotels, mixed-use properties, etc.
• Industrial - Warehouses, manufacturing plants, flex and light industrial, etc.
• Special Purpose- Golf courses, hospitals, bowling alleys, churches, fraternal buildings, self-storage facilities, car washes, residential care homes etc.