CNAREA

The Canadian National Association of Real Estate Appraisers is a national, not for profit, independent association that licenses, certifies and regulates real property appraisers in Canada. It was established to provide an effective membership orientated organization of professional real property appraisers based on their academic qualifications, training, and practical experience. The Association is dedicated to raising the standards of the profession, to maintaining the professionalism of its members through continuing education, to advancing the recognition of its members as qualified appraisers, and to protecting the consumer.

DAC (Designated Appraiser Commercial) This designation identifies a member who is qualified to perform appraisal and consultation assignments of all types of real property including commercial, industrial, and investment. To attain this professional designation an individual must have the DAR designation or its equivalent, five years of full time appraisal experience, and complete the required Canadian National Association of Real Estate Appraisers educational program or its equivalent.

DAR (Designated Appraiser Residential) This designation identifies a member who is qualified to perform appraisal and consultation assignments of residential type properties consisting of no more than four residential housing units and, in some cases, non complex commercial properties. Requirements for this professional designation include three thousand hours of full time appraisal experience, over a minimum of two years, and the successful completion of the required Canadian National Association of Real Estate Appraisers educational program or its equivalent.

Candidate This category is open to all fee appraisers who are interested in furthering their education and experience with the goal of earning a professional designation. Candidates must complete Course #5.0 Professional Standards of Practice and Course #6.5 Appraiser Ethics within four (4) months of being accepted.

Certified Appraisal Reviewer This professional designation identifies a member who is qualified to perform professional reviews of any appraisal report. To attain this designation an individual must have, at a minimum, the DAR designation, or equivalent, and complete the required Canadian National Association of Real Estate Appraisers educational program.

AIC

The Appraisal Institute of Canada (AIC) is a leading real property valuation association with over 4,800 members across Canada and around the world. Established in 1938, the AIC works collaboratively with its 10 provincial affiliated associations to grant the distinguished Accredited Appraiser Canadian Institute (AACI) and Canadian Residential Appraiser (CRA) designations. The AIC is a self-regulating organization that is guided by a Code of Conduct, and Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) to ensure that our members:

• Maintain the highest level of integrity and professionalism;
• Engage in conduct that will instill confidence and protect the public interest;
• Provide quality services within their areas of competence; and,
• Commit themselves to principles that reflect high standards of professionalism.

AIC Designated Members are highly qualified, respected professionals who undertake comprehensive curriculum, experience and examination requirements. They are committed to ongoing continuing professional development to maintain the highest level of competency within an evolving marketplace. Our members provide unbiased appraisal, appraisal review and appraisal consulting services on all types of properties within their areas of competence.

ACCREDITED APPRAISER CANADIAN INSTITUTE (AACI): The AACI designation is granted to individuals who have completed the AACI program of studies and fulfilled all the professional requirements of the Appraisal Institute of Canada. AACI members are qualified to offer valuation and consulting services and expertise for all types of real property.

• P.App (Professional Appraiser) is used by Members with the AACI designation (e.g.Jane Doe, AACI, P.App)

CANADIAN RESIDENTIAL APPRAISER (CRA): The CRA designation is granted to individuals who have completed the CRA program of studies and fulfilled all the professional requirements of the Appraisal Institute of Canada. CRA members are qualified to offer valuation and consulting services and expertise for individual, undeveloped residential dwelling sites and dwellings containing not more than four self-contained family housing units.

Designated Members must adhere to AIC’s Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and undertake on-going professional development. In return, they enjoy the full support of the Institute and access to services, resources and intelligence that enables them to practice their profession with confidence.

CANDIDATE MEMBERS: Those who meet the education and admission requirements are eligible to become Candidate Members of the Appraisal Institute of Canada. Candidate Members of the Appraisal Institute of Canada (AIC) are individuals who are pursuing the rigorous AIC Program of Professional Studies to obtain an AACI or CRA professional designation. Candidate Members typically work actively in the profession as appraisers-in-training, within the limits defined by AIC’s Standards, policies and regulations. Candidate Members of AIC are accorded certain privileges, including the right to prepare and take limited responsibility for appraisal reports under the supervision of an AIC-Designated Member and as prescribed by the AIC’s Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP). Candidate Members participate in AIC’s Professional Liability Insurance program and can take on increasingly complex assignments as they gain expertise and knowledge, under the direction and mentorship of Designated Members.

CPPAG

Canadian Personal Property Appraisal Group is a Canadian made, national, personal property appraisal organization comprising a network of accredited appraisers spanning from coast to coast. CPPAG provides personal property appraisal training and accreditation to its members who come from a diversity of backgrounds including: auctioneers, bailiffs, insurance industry, antique and equipment dealers, accounting and financial institutions and lawyers.

NAIFA

Headquartered in Chicago, The National Association of Independent Fee Appraisers was founded in 1961 as a non profit professional association of real estate appraisers. Today, our Association has chapters throughout the United States, Mexico, Canada, and we continue to grow both in number and stature. The Association's objectives are to raise the standards of the appraisal profession, gain recognition for its members as qualified professionals, and to promote fellowship among appraisers.

IFAS-Senior Designation
•    Applicant must be a Declared Candidate in good standing.
•    Applicant must submit the appropriate fee and experience rating form (ERF) prior to submission and grading of demonstration report, subject to approval by the Admissions Committee.
•    Applicant must submit a list of income-producing and/or non-residential appraisal reports to the Admissions Committee, which will select two of the reports for review by the grading task force.
•    Submit evidence of a four (4) year college degree, or the equivalent thereof, using one of the following options:
      o    Two (2) years of experience is considered the equivalent to one (1) year of college.
      o    Thirty (30) college credits are considered equivalent to one (1) year of college.
      o    Fifteen (15) approved classroom hours are considered equivalent to one (1) college credit.
•    Provide proof of State Certification, or meet the current education and experience requirements set by the Appraiser Qualifications Board (AQB) and pass the NAIFA comprehensive exam.
•    Have four (4) years experience of which two (2) years must be in income-producing and/or non-residential properties.
•    Submit evidence of successful completion of the NAIFA Ethics Course.
•    Submit a Demonstration Self-Contained Report of a non-residential and/or income-producing property, subject to the requirements and grading criteria set forth by the Admissions Committee.