Definition
The International Right of Way Association (IR/WA) is a global, member-driven organization comprising professional practitioners in the field of infrastructure real estate. IR/WA focuses on education, networking, and credentialing for professionals involved in mastering the broad field of right of way and land asset management.
IR/WA members typically work in various areas such as government, transportation agencies, utility companies, oil and gas pipelines, and eminent domain.
Examples
- Certified SR/WA: Jane Doe, a professional in land acquisition, becomes a Senior Right of Way Agent (SR/WA) after completing all the required coursework and passing the exams.
- Pipeline Easement: A utility company consults with IR/WA members to acquire the necessary right of way easements for a new pipeline.
- Government Projects: An infrastructure project run by a state transportation agency collaborates with IR/WA-accredited specialists to execute property appraisals and acquisitions.
Frequently Asked Questions (FAQs)
What is the International Right of Way Association (IR/WA)?
The International Right of Way Association is a professional association dedicated to professionals engaged in the field of right of way, land acquisition, appraisal, and related areas in infrastructure projects.
Who can become a member of IR/WA?
Anyone involved in real estate, land acquisition, right of way, appraisal, and related fields can become a member of IR/WA. This includes professionals from government agencies, utility companies, transportation authorities, and private industry consultants.
What types of education does IR/WA provide?
IR/WA offers a wide range of educational programs, certifications, and courses that help professionals advance their knowledge and skills in subjects like property law, project management, and negotiation techniques.
What is the SR/WA designation?
The SR/WA, or Senior Right of Way Agent, is a prestigious designation awarded by IR/WA to professionals who have demonstrated extensive expertise and knowledge in the field of right of way and land acquisition.
How can I benefit from IR/WA membership?
Members benefit from various educational and networking opportunities, access to exclusive industry research and publications, participation in webinars and seminars, and advancing their careers through certifications and designations.
Related Terms
- Right of Way (ROW): Refers to the legal right, established by grant, to pass through property owned by another party.
- Eminent Domain: The power of the state to seize private property without the owner’s consent, with payment of compensation.
- Land Acquisition: The process of buying or obtaining rights to land for development or infrastructure projects.
- Appraisal: The assessment and valuation of property, often conducted to determine compensation for land acquisition or sales.
- Easement: A right to use the land of another for a specific purpose, such as a utility easement allowing the placement of power lines.
Online Resources
References
- International Right of Way Association. (n.d.). Retrieved from IR/WA Official Website
- Right of Way Magazine. (n.d.). Retrieved from IR/WA Right of Way Magazine
- Professional Career Development through IR/WA. (n.d.). Retrieved from IR/WA Resources
Suggested Books for Further Studies
- “The Law of Eminent Domain” by Nicholls on Eminent Domain
- “Principles of Right of Way” by IR/WA
- “Real Estate Development: Principles and Process” by Peiser and Hamilton
- “Infrastructure as an Asset Class: Investment Strategies, Project Finance and PPP” by Barbara Weber, Hans Wilhelm Alfen
- “Negotiating Commercial Real Estate Leases” by Martin I. Zankel
