REAL VALUE EXPERTS | EXPERTS EN \u00c9VALUATION<\/p>\n
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Canadian Property<\/p>\n
VALUATION \u00c9VALUATION
\n Immobili\u00e8re au Canada<\/p>\n
VOLUME 54 | BOOK 3 | 2010THE OFFICIAL PUBLICATION OF THE APPRAISAL INSTITUTE OF CANADA<\/p>\n
Highest and best use analysis
\nMember feedback<\/p>\n
The power of
\nPositive Networking<\/p>\n
President Uba believes in building bridges<\/p>\n
* Member Image Library
\n see contents page<\/p>\n
mailto:info@aicanada.ca
\nmailto:info@aicanada.ca
\nmailto:info@aicanada.ca<\/p>\n
ACI is a division of Verisk Analytics (NASDAQ: VRSK), a leading provider of risk assessment solutions to professionals in insurance, healthcare, mortgage
\nlending, government, risk management, and human resources. Verisk Analytics includes the holdings of Insurance Services Office, Inc. (ISO) and its
\nsubsidiaries, which provide essential solutions to the insurance, mortgage lending, and healthcare markets. For more information, visit www.verisk.com.<\/p>\n
Get Started with CRAL2010\u2122
\nCRAL2010\u2122 offers advanced features and <\/p>\n
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comps database management, integrated <\/p>\n
sketching, and mobile software. Save time <\/p>\n
with enhanced views and functionality to help <\/p>\n
improve your report writing capabilities.<\/p>\n
$599*<\/p>\n
\u25aa Appraisal Forms Library
\n \u25aa Order Tracking
\n \u25aa Photo Management
\n \u25aa Comps Database
\n \u25aa ACI Sketch\u2122
\n \u25aa Digital Signature (One) <\/p>\n
\u25aa MapPoint (One Year)
\n \u25aa Free PDF Creator
\n \u25aa ACI365\u2122 Website (One Year)
\n \u25aa Premier Plus Service (One Year)
\n \u25aa Concierge Service<\/p>\n
CALL 800-234-8727 TodAy<\/p>\n
The Appraiser\u2019s Choice\u2122
\nPayable in US dollars<\/p>\n
800-234-8727 AppraisersChoice.com<\/p>\n
CRAL2010\u2122 Highlights
\n\u25aa\u25aa New!\u25aaJump\u25aaNavigation\u25aaFeature\u25aa<\/p>\n
for quick and easy access to
\nall pages of the report<\/p>\n
\u25aa\u25aa enhanced!\u25aaComps\u25aaArrangement\u25aa
\nto choose the order in which
\ncomps are displayed<\/p>\n
\u25aa\u25aa enhanced!\u25aaSpell\u25aaCheck targets
\nmisspelled words quickly with
\nimproved word highlighting<\/p>\n
Learn More about CRAL2010\u2122
\nVisit AppraisersChoice.com and learn more
\nabout the new features in CRAL2010\u2122<\/p>\n
\u25aa Online Training Sessions<\/p>\n
\u25aa inMotion Videos<\/p>\n
\u25aa Tech Doc Library<\/p>\n
\u25aa ACI Forum<\/p>\n
\u25aa Appraisal Talk Blog featuring
\nGeorge Opelka, Senior Vice President<\/p>\n
CRAL2010\u2122<\/p>\n
Form300 01\/10<\/p>\n
t 800-234-8727 f 386-246-3811AppraisersChoice.com<\/p>\n
THE APPRAISER\u2019S CHOICE\u2122<\/p>\n
THE APPRAISER\u2019S CHOICE\u2122<\/p>\n
CRAL2010\u2122<\/p>\n
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*Single user license<\/p>\n
Create aerial maps to use in <\/p>\n
your reports for better visual <\/p>\n
representation of properties.<\/p>\n
New!\u25aaBing\u2122\u25aaAerial\u25aamaps
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Market Conditions eService. <\/p>\n
Works with all MLS providers.<\/p>\n
New!\u25aaComps\u25aaImport
\nTransfer\u25aamLS\u25aaData\u25aaDirectly<\/p>\n
http:\/\/www.verisk.com
\nhttp:\/\/www.appraiserschoice.com<\/p>\n
ACI is a division of Verisk Analytics (NASDAQ: VRSK), a leading provider of risk assessment solutions to professionals in insurance, healthcare, mortgage
\nlending, government, risk management, and human resources. Verisk Analytics includes the holdings of Insurance Services Office, Inc. (ISO) and its
\nsubsidiaries, which provide essential solutions to the insurance, mortgage lending, and healthcare markets. For more information, visit www.verisk.com.<\/p>\n
Get Started with CRAL2010\u2122
\nCRAL2010\u2122 offers advanced features and <\/p>\n
tools designed to help make form filling easier <\/p>\n
and more complete. CRAL provides best-of-<\/p>\n
breed tracking, forms, digital photo imaging, <\/p>\n
comps database management, integrated <\/p>\n
sketching, and mobile software. Save time <\/p>\n
with enhanced views and functionality to help <\/p>\n
improve your report writing capabilities.<\/p>\n
$599*<\/p>\n
\u25aa Appraisal Forms Library
\n \u25aa Order Tracking
\n \u25aa Photo Management
\n \u25aa Comps Database
\n \u25aa ACI Sketch\u2122
\n \u25aa Digital Signature (One) <\/p>\n
\u25aa MapPoint (One Year)
\n \u25aa Free PDF Creator
\n \u25aa ACI365\u2122 Website (One Year)
\n \u25aa Premier Plus Service (One Year)
\n \u25aa Concierge Service<\/p>\n
CALL 800-234-8727 TodAy<\/p>\n
The Appraiser\u2019s Choice\u2122
\nPayable in US dollars<\/p>\n
800-234-8727 AppraisersChoice.com<\/p>\n
CRAL2010\u2122 Highlights
\n\u25aa\u25aa New!\u25aaJump\u25aaNavigation\u25aaFeature\u25aa<\/p>\n
for quick and easy access to
\nall pages of the report<\/p>\n
\u25aa\u25aa enhanced!\u25aaComps\u25aaArrangement\u25aa
\nto choose the order in which
\ncomps are displayed<\/p>\n
\u25aa\u25aa enhanced!\u25aaSpell\u25aaCheck targets
\nmisspelled words quickly with
\nimproved word highlighting<\/p>\n
Learn More about CRAL2010\u2122
\nVisit AppraisersChoice.com and learn more
\nabout the new features in CRAL2010\u2122<\/p>\n
\u25aa Online Training Sessions<\/p>\n
\u25aa inMotion Videos<\/p>\n
\u25aa Tech Doc Library<\/p>\n
\u25aa ACI Forum<\/p>\n
\u25aa Appraisal Talk Blog featuring
\nGeorge Opelka, Senior Vice President<\/p>\n
CRAL2010\u2122<\/p>\n
Form300 01\/10<\/p>\n
t 800-234-8727 f 386-246-3811AppraisersChoice.com<\/p>\n
THE APPRAISER\u2019S CHOICE\u2122<\/p>\n
THE APPRAISER\u2019S CHOICE\u2122<\/p>\n
CRAL2010\u2122
\nC
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\u2122<\/p>\n
80
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A
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ho
\nice.co<\/p>\n
m<\/p>\n
Printed on Recycled Paper<\/p>\n
*Single user license<\/p>\n
Create aerial maps to use in <\/p>\n
your reports for better visual <\/p>\n
representation of properties.<\/p>\n
New!\u25aaBing\u2122\u25aaAerial\u25aamaps
\nOnline\u25aaAerial\u25aaLocation\u25aamaps<\/p>\n
Save time and effort with CRAL\u2019s <\/p>\n
Market Conditions eService. <\/p>\n
Works with all MLS providers.<\/p>\n
New!\u25aaComps\u25aaImport
\nTransfer\u25aamLS\u25aaData\u25aaDirectly<\/p>\n
http:\/\/www.appraiserschoice.com<\/p>\n
Make an Incredibly Smart Decision
\nwww.solidifi.com<\/p>\n
You\u2019re
\nthe best
\nThanks for verifying it every day<\/p>\n
Day after day our 3,000 strong appraisal network proves why they are the best
\nin the business, with: <\/p>\n
\u2022 consistent delivery of compliant, high-quality reports
\n\u2022 uncompromising commitment to meeting deadlines
\n\u2022 local area expertise
\n\u2022 dedication to professionalism and service<\/p>\n
Thank you for enabling Solidifi to provide lenders across Canada with the
\nnext generation in appraisal management.<\/p>\n
CAN_CPVMagSolidifiMay2010.indd 1 4\/21\/10 4:12:06 PM<\/p>\n
http:\/\/www.solidifi.com<\/p>\n
Canadian Property Valuation Volume 54 | book 3 | 2010 \u00c9valuation Immobili\u00e8re au Canada 5
\nclick here to return to table 0f contents<\/p>\n
403-200 Catherine Street,
\nOttawa, ON K2P 2K9 <\/p>\n
Phone: (613) 234-6533 Fax: (613) 234-7197
\nWeb site: www.aicanada.ca<\/p>\n
Contact us at: info@aicanada.ca <\/p>\n
Board of Directors
\nConseil d\u2019administration<\/p>\n
President \u2013 Pr\u00e9sidente
\nGrant Uba, AACI (ON)<\/p>\n
President Elect \u2013 Pr\u00e9sident d\u00e9sign\u00e9
\nGeorge Ward, AACI (BC)<\/p>\n
Immediate Past-president \u2013
\nPr\u00e9sident sortant<\/p>\n
Sheila Young, AACI, Fellow (AB) <\/p>\n
Vice-Presidents \u2013 Vice-pr\u00e9sidents
\nKimberly Maber, AACI (SK) <\/p>\n
Michael Mendela, AACI (ON)<\/p>\n
Directors \u2013 Directeurs
\nGreg Bennett, AACI (NL)<\/p>\n
Alfred Mullally, AACI (NS)
\nAndre St-Arnaud, CRA (QC)<\/p>\n
David Shum, AACI (AB)
\nDavid Babineau, AACI, Fellow (NB)<\/p>\n
Lorne Mikulik, AACI (MB)
\nScott McEwen, AACI (PE)<\/p>\n
Dan Wilson, AACI (BC)
\nDan Brewer, AACI (ON)<\/p>\n
Chief Executive Officer
\nGeorges Lozano, MPA, Ottawa<\/p>\n
Director of Marketing & Communications
\nJoanne Charlebois, Ottawa<\/p>\n
Managing Editor \u2013
\nR\u00e9dacteur administratif<\/p>\n
Craig Kelman, Winnipeg<\/p>\n
Assistant Editor \u2013
\nR\u00e9dacteur en chef adjoint<\/p>\n
Cheryl Parisien, Winnipeg<\/p>\n
Editorial Board
\nAIC would like to thank the following <\/p>\n
individuals for their assistance and support:
\nSheila Young, AACI, Fellow \u2013 Chair<\/p>\n
John Peebles, AACI
\nAndr\u00e9 Beaudoin, CRA
\nDavid Lopatka, AACI<\/p>\n
Rob Grycko, CRA
\nJane Londerville, B.Sc., M.B.A.,AACI (Hon)
\nAssociate Professor, University of Guelph<\/p>\n
Publication management, design and production by:<\/p>\n
The articles printed in this issue represent authors\u2019 opinions only and are not
\nnecessarily endorsed by the APPRAISAL INSTITUTE OF CANADA. Copyright 2010 by
\nthe APPRAISAL INSTITUTE OF CANADA. All rights reserved. Reproduction in whole
\nor in part without written permission is strictly prohibited. Subscription, $40.00 per
\nyear. Printed in Canada. Les articles imprim\u00e9s dans ce num\u00e9ro ne rep\u00e9sentent que
\nl\u2019opinion de leur auteur respectif, mais ne sont pas n\u00e9ces\u2013sairement endoss\u00e9s par
\nL\u2019INSTITUT CANADIEN DES \u00c9vALUATEURS. Tous droits reserv\u00e9s 2008 par L\u2019INSTITUT
\nCANADIEN DES \u00c9vALUATEURS. La reproduction totale ou partielle sous quelque form
\nque se soit sans authorisation \u00e9crite est absolument interdite. Abonnement $40.00
\npar ann\u00e9e. Imprim\u00e9 au Canada.
\n* The Appraisal Institute of Canada reserves the right to reject advertising
\nthat it deems to be inappropriate.
\n** The publisher and the Appraisal Institute of Canada cannot be held liable for
\nany material used or claims made in advertising included in this publication.
\nIndexed in the Canadian Business Index and available on-line in the Canadian
\nBusiness & Current Af fairs database.<\/p>\n
ISSN 0827-2697<\/p>\n
3rd Floor \u2013 2020 Portage Avenue
\nWinnipeg, MB r3J 0K4<\/p>\n
Phone: 866-985-9780 \u2022 Fax: 866-985-9799
\ne-mail: info@kelman.ca \u2022 Web: www.kelman.ca<\/p>\n
Design\/Layout: Theresa Kurjewicz
\nAdvertising Manager: Kris Fillion<\/p>\n
Advertising Co-ordinator: Lauren Campbell<\/p>\n
Publication Mails Agreement #40008249.
\nReturn undeliverable Canadian addresses to: Appraisal Institute of Canada,
\n403-200 Catherine St., Ottawa, ON K2P 2K9. Email: info@aicanada.ca <\/p>\n
Published by the
\nVolume 54, book 3, 2010<\/p>\n
Contents
\n6 It\u2019s all about building bridges
\n10 Les fonctions du nouveau pr\u00e9sident <\/p>\n
consistent \u00e0 \u00e9tablir des liens<\/p>\n
14 The benefits of membership
\n15\t Les avantages de l\u2019adh\u00e9sion
\n18\t Sandra Cawley makes her case
\n20\t Mark Turner knows <\/p>\n
value of mandatory BBRE<\/p>\n
22 The power of
\nPositive Networking\u00ae<\/p>\n
24 Cyber crime,
\nliability and the appraiser<\/p>\n
26 Contact with the media
\n27 R & D <\/p>\n
focuses
\non timely
\ntopics<\/p>\n
28 CRA \u2013
\nScope
\nCreep<\/p>\n
30 Highest and best use analysis
\n32 Professionalism <\/p>\n
within a diverse membership<\/p>\n
34 Conflicts and corrections
\n35 Why have <\/p>\n
an Appeal Committee?<\/p>\n
36 Professional Affairs goals
\n37 Member feedback <\/p>\n
helps measure benefits<\/p>\n
38 AIC\u2019s international involvement
\n39 Business etiquette<\/p>\n
40 Applied Experience
\nsurvey results<\/p>\n
42 Continuing advances
\nin course content
\nand delivery<\/p>\n
45 Designations\/
\nCandidates\/Students<\/p>\n
46 2010
\nConference
\nrecap<\/p>\n
47 Recognizing
\nexcellence <\/p>\n
49 Habitat for Humanity\/
\nCritical Dates\/
\nIn Memoriam<\/p>\n
50 Calendar of
\nEvents<\/p>\n
About our cover \u2022 Sur le cover
\nAIC\u2019s Marketing and Communications Committee is assembling a corporate image library to reduce our reliance on stock photography and
\nto provide a consistent bank of AIC-tailored digital images as part of our brand identity. These will be used in various media applications
\nto enhance the AIC brand and services.\u00a0The initial stages of this project have been completed in Winnipeg and victoria.\u00a0We thank the AIC
\nmembers for their collaboration on this project.<\/p>\n
Le Comit\u00e9 sur le marketing et les communications de l\u2019ICE s\u2019affaire \u00e0 monter une phototh\u00e8que afin de r\u00e9duire le recours aux entreprises
\nd\u2019archives photographiques et b\u00e2tir une banque d\u2019images num\u00e9riques convenant sp\u00e9cifiquement \u00e0 la notori\u00e9t\u00e9 de la marque de l\u2019ICE. Ces
\nphotographies seront utilis\u00e9es dans diverses applications m\u00e9diatiques pour rehausser la marque et les services de l\u2019ICE. L\u2019\u00e9tape pr\u00e9liminaire de
\nce projet a \u00e9t\u00e9 compl\u00e9t\u00e9e dans la r\u00e9gion de Winnipeg et Victoria. Nous les remercions les membres pour leur collaboration \u00e0 ce projet. <\/p>\n
Do your part for the environment \u2013 reuse and recycle.<\/p>\n