AIC DESIGNATIONS ARE HIGHLY RESPECTED AND RECOGNIZED WORLDWIDE The Appraisal Institute of Canada offers four categories of AIC membership based on an individual’s career path or their current role within the appraisal profession in Canada.
DESIGNATED MEMBERSHow to Become Designated
Designated Members of the Appraisal Institute of Canada are those who have completed AIC’s rigorous curriculum, experience and examination requirements to earn one of the following designations:
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.
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.
P.App (Professional Appraiser) is used by Members with the CRA and AACI designation (e.g. John Doe, CRA, P.App; Jane Doe, AACI, P.App)
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 How to Become A Candidate
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.
STUDENT MEMBERS How to Become A Student Member
Student Members are those with a high school diploma, a degree, a college diploma or partial post-secondary credits. Individuals who are over the age of 21 with a minimum of two years’ work experience are also eligible to apply. A Student Member may work in the real estate sector while completing the post-secondary education required for Candidate Membership in the AIC and perform a variety of technical support functions in the property valuation field under the supervision of a Designated Member and as prescribed by the AIC’s Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP).
ASSOCIATE MEMBERS Apply for Associate Membership
Associate Membership is for those whose professional interests and pursuits are served by access to information, intelligence and networking opportunities offered by AIC.
Fellows of the Appraisal Institute of Canada are designated members who have distinguished themselves by their exemplary contributions to the profession. This is demonstrated by a high level of excellence and achievement that has contributed to the advancement of the profession.
HONORARY AACI This honorary designation is with distinction. It comes with the expectation that these honored and prominent individuals will play an important advisory role within the Institute and its committees, providing leadership and visibility that will assist in advancing our profession. These members may not use the AACI (Hon.) designation in connection with the provision of real property valuation and advisory services.
The President’s Citation is one of most prestigious awards that is granted to volunteers of the Appraisal Institute of Canada (AIC). The Award is granted at the discretion of the outgoing President – and granted to long-standing committee volunteers who have demonstrated leadership and commitment.