Candidates are advanced students of the AIC program who are actively pursuing one of the Institute’s professional designations.
Candidates are non-designated members and should not hold themselves out as appraisers or do anything that conveys or implies they are qualified to render services covered under the Appraisal Institute of Canada's Standards of Professional Practice on their own. (Please refer to CUSPAP, 2012, section 5.4.7 for more information.)
Candidates must be insured for errors and omissions in accordance with the Institute’s Bylaws (link), and if they are signing appraisal reports or similar documents they must be registered with a designated member in good standing of AIC who acts as co-signer for said reports. Failure to do so is a breach of the standards of professional practice and invalidates the insurance coverage on the reports.
There are FOUR specific requirements that must be met before an individual may join as Candidate member of the Appraisal Institute of Canada. These requirements include:
Individuals currently enrolled in a program of studies, who do not meet these Candidacy requirements may join the Institute as student members. Student membership allows those interested in eventually pursuing Candidacy with a means of keeping abreast of developments in the profession as well as furthering their knowledge through various valuable resources such as our membership magazine and members only section of the AIC web site.
Education Requirements
While you cannot earn a designation without holding a 4 year university degree (or equivalent); you may join the Institute as a Candidate member without holding a degree under certain circumstances. In order to be considered for Candidate membership, you must either:
- hold a university degree at the undergraduate level or higher from a recognized post-secondary institution; OR
- have 10 or fewer remaining requirements for the CRA OR AACI, P.App designation (courses left to complete your degree AND curriculum requirements for the CRA or AACI designation)
We Value Canada Workshop
The Appraisal Institute of Canada now welcomes new members with this informative workshop that is designed to provide students with valuable information about the diverse challenges of the appraisal profession, career planning tools to assist them in progression through the path to designation and links to the key contacts who will provide assistance as they advance.
The six module workshop is designed for learning at your own pace and covers the following topics:
- The Valuation Profession and Principles
- The Appraisal Institute of Canada
- Building A Career in Valuation
- The Path to Designation
- Ethics, Professionalism, and Standards
For more information and information on registering, visit the We Value Canada Workshop page.
Foundations of Real Estate Appraisal (BUSI 330)
Foundations of Real Estate Appraisal (BUSI 330) is an introduction to concepts and techniques for appraising the value of real estate developed and administered by the University of British Columbia (or through other educational partners). For more information, visit the Foundations of Real Estate Appraisal page.
Mandatory Professional Practice Seminar
AIC's mandatory Professional Practice Seminar must be completed within 24 months of joining the Institute as a Candidate member and then once during each 5-year Continuing Professional Development cycle. The purpose of the seminar is to teach the fundamentals and foundations of AIC's ethics, appraisal, consulting and review standards.
The seminar is offered in various locations throughout the country by AIC’s provincial offices as well as through distance learning from the national office.
May 14, 2013