Gary R. Free, MAI, SRA

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INTRODUCTION

Since 1976, Gary Free has been the owner and manager of Free and Associates, Inc., a real estate appraising and consulting firm. His experience encompasses all facets of commercial and residential real estate, with emphasis on retail, office, industrial, subdivision and multifamily developments. Mr. Free has served in elected offices and on boards of professional organizations such as the Appraisal Institute and the Society of Real Estate Appraisers. He is licensed in Utah, Wyoming, Idaho and Nevada, and has provided expert testimony in U.S. and District courts.

DESIGNATIONS AND LICENSES

Bachelor of Arts Degree in Business Management

University of Utah

MAI (Member Appraisal Institute)

Designation number 7272

SRPA (Society of Real Estate Appraiser) exchanged for SRA (non-competing designation) as a result of merger

SRA (Senior Residential Appraiser, Appraisal Institute)

Certified General Appraiser, Utah

License #CG00037508

Certified General Appraiser, Wyoming

Permit #85

Certified General Appraiser, Idaho

Number CGA-125

Certified General Appraiser, Nevada

License #01002

PROFESSIONAL SERVICE

President, Appraisal Institute, Utah Chapter

President, Society of Real Estate Appraisers, Salt Lake City Chapter

Regional Representative, Appraisal Institute

Executive Board Member, Appraisal Institute, Utah Chapter

President, Utah Self-Storage Association

Vice President and Director, Society of Real Estate Appraisers, Salt Lake City Chapter

Board Member, Society of Real Estate Appraisers, Salt Lake City Chapter

Chairman, re-appraisal project for the Bureau of Economic Research, University of Utah

Member, International Right-of-Way Association

Member, Southwest Region Review and Counseling Committee, Appraisal Institute

Member, Nonresidential Demonstration Report Grading Panel, Appraisal Institute

EXPERIENCE

Founder, in 1976 of Free and Associates, a full-service real estate appraisal and consulting firm. President and manager of this firm until present. Qualified, through obtaining appropriate education and experience, to complete appraisals and provide consulting service on all types of commercial and residential properties, many of which are included in the following partial list.

• Retail: neighborhood centers to regional malls
• Hotels and motels
• Restaurants
• Various commercial developments: self-storage facilities, convenience stores, fitness centers, auto dealerships, auto repair shops, car washes, historic buildings
• Office buildings and complexes
• Office/warehouse complexes, distribution and manufacturing centers
• Eminent domain: road widening, other property expansions
• Resort properties
• Residential properties: condominium and apartments complexes, single-family homes
• Subdivisions
• Raw land
• Restrictive use easements

1976-Present:	President, Free and Associates, Inc.
1978-1980:	President, Capital Land Management, Inc.
1974-1976:	Commercial and residential appraiser, Commercial Security Bank

COURSES COMPLETED SINCE 1990

Sponsored by the Appraisal Institute or Utah State Entities

• The Appraiser as an Expert Witness
• Reviewing Appraisals
• Subdivision Analysis
• Appraisal of Retail Properties
• Geological Concerns in Real Estate
• Property Title Concerns
• H.V.A.C. Systems in Commercial Buildings
• Wasatch Front Real Estate Market
• The Office Sub-market
• Utah Department of Transportation Projects
• Non-Residential Demo Report Writing
• Small Hotel/Motel Valuation
• Anatomy of an Acquisition
• Appraisal and Real Estate Issues
• Health Care Industry Trends & Real Estate
• Specialized Appraisal Issues
• Special-Purpose Properties: The Challenge of Real Estate Appraisal in Limited Markets
• Successful Real Estate Investing
• Eminent Domain: New Tools and Strategies for Public Projects in Utah
• Business Practice & Ethics
• Eminent Domain Update
• Various seminars, symposiums and demonstration report writing clinics
• USPAP at regular intervals

COURT TESTIMONY (PARTIAL LIST)

Sandy City vs. Sneider

Third District Court

FDIC vs. T & J Ranches

Third District Court

American Residential vs. Terry Diehl

U.S. Bankruptcy Court

Whitlock and Nelson vs. Provo City

Fourth District Court

Bulkley & Christensen vs. Wilson

Fourth District Court

Hunter vs. Colorado Casualty

Third District Court

Provo City vs. Johnson

Fourth District Court

Amoco Pipeline Co. vs. Verl C. Thalman Trust

Second District Court

Taft vs. Taft

Third District Court

Town of Cedar Hills vs. Robert Schow

Fourth District Court

Weber Basin Water Conservancy vs. Thornley Investment (NFS)

Second District Court

Ivory vs. Ivory

Third District Court (Summit County)

Red Hawk Ranch vs. Greyhawk

Third District Court (Summit County)

Kern River Gas Transmission Co. vs. JMS-Meadow, LLC, et al.

U.S. District Court (Utah)

Denton Johns vs. Washakie Ranches

First District Court (Box Elder County)

Brighton Corp. vs. Coats

Third District Court

Bralite Holdings vs. Centennial Plaza Square

Deposition

Salt Lake County vs. Western Dairymen

Deposition

Salt Lake City vs. City of North Salt Lake

Deposition

Bank of America vs. Barton

Deposition