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The existing Quebec Pilot Project will no longer be in effect as of May 1, 2018. In its place, a new policy will be implemented to allow AIC Designated Members to engage qualified non-AIC Members within the province of Quebec.

The Quebec Pilot Project was originally created to provide AIC-Quebec Designated Members with an opportunity to engage Évaluateurs agréés (É.A.), accredited members of the Ordre des évaluateurs agréés du Québec (OEAQ) and technicians who are members of the Association des techniciens en évaluation foncière du Québec (ATEFQ), for appraisal assignments within Quebec. The pilot project had lower than anticipated participation (14 members since 2013) and in light of recent changes to CUSPAP, as of April 30th, 2018 the existing Quebec Pilot Project will be discontinued.

Starting May 1st, 2018, a new Quebec Registry will be implemented to track the co-signing relationship between É.A. accredited members of the OEAQ and AIC Designated Members. Furthermore, AIC Designated Members will now be able to engage technicians to provide professional assistance due to changes within CUSPAP 2018, in particular Section 7.26.

A New Quebec Registry will be created to track co-signing relationships between AIC Designated Members and ÉA Accredited members of the OEAQ

Évaluateur agréé (É.A.) are accredited members of the Ordre des évaluateurs agréés du Québec (OEAQ) who are recognized by the Appraisal Institute of Canada as having completed a rigorous accreditation process and possessing high caliber qualifications and competencies.

An AIC Designated Member can continue to co-sign with an É.A. to complete appraisal assignments within Quebec. To track this co-signing relationship, a new Quebec Registry has been created.

This co-signing relationship between an AIC Designated Member and an É.A. must now be registered with the AIC in the Quebec Registry.

Eligibility

An AIC Designated Member wishing to register a co-signing relationship with an É.A. in the Québec Registry must be:

  • a member in good standing with the AIC;
  • a member of the Appraisal Institute of Canada – Quebec (AIC-QC); and
  • co-signing for professional services within the borders of the province of Quebec.

The É.A. must:

  • Be a Chartered Appraiser (évaluateur agréé) (É.A.)) who:
    • is an accredited member in good standing of the Ordre des évaluateurs agréés du Québec (OEAQ);
    • is not a Member of the AIC;
    • is qualified and competent to provide professional and/or valuation assistance to an AIC Designated Member; and,
    • provides proof of appropriate/adequate professional liability insurance through the insurance program offered by OEAQ to their É.A. members.

Registration Process

To register an É.A. in the new AIC Quebec Registry, an AIC Member must:

The co-signing relationship will be added to the Quebec Registry and the É.A. will receive a Québec Registry identification number.

The Quebec Registry is open only to co-signing relationships between É.A. and AIC Designated Members.

If you have a question about registering an É.A. in the Quebec Registry, click here for further information.

Technicians can now be engaged to provide Professional Assistance

Due to recent changes in CUSPAP 2018, in particular Section 7.26, AIC Designated Members can rely on a range of qualified, competent professionals to provide professional assistance.  Technicians who are members of the Association des techniciens en évaluation foncière du Québec (ATEFQ) may meet this requirement as they are competent professionals who have successfully completed a post-secondary (CÉGEP) certificate in real estate valuation within the province of Quebec. However, they do not meet the same education and experience requirements to be recognized as having an equivalent designation to AIC Designated Members.

With the termination of the Quebec Pilot Project, as of May 1st, 2018:

  • AIC Designated Members can no longer co-sign with a technician
  • AIC Designated Members relying on a technician for professional assistance must ensure that the technician:
  • is providing professional assistance as defined in CUSPAP 2.46
  • is “reputable, qualified professionals or tradespersons of a recognized organization”(e.g. ATEFQ) as indicated in CUSPAP 7.26.3
  • is not a Student, Retired or Associate Member of the AIC (CUSPAP 18.32.2)
  • AIC Designated Members must also identify the technicians who provided professional assistance within the Certification section of an appraisal report (CUSPAP 7.26.2). The technician does not sign the report when they provide professional assistance.
  • AIC Designated Members take full responsibility for the report (CUSPAP 7.26.1) so it is recommended that an AIC Member limit their liability (CUSPAP 18.32.7).

It is expected that all professionals carry appropriate/adequate professional liability insurance for errors and omissions. It is the AIC Designated Member’s responsibility to verify that a technician is insured for errors and omissions under a third-party professional liability insurance, either through their professional association, employer or individual coverage.

An AIC Designated Member must meet the “reasonable appraiser” test when engaging technicians to provide professional assistance.

For more information, see: https://www.aicanada.ca/wp-content/uploads/PEB-Information-sources-EN.pdf

CUSPAP 2018 References:

2.11 Competence – Having sufficient knowledge, skill and experience required to perform a specific assignment.

2.46 Professional Assistance – Support to the Member that has a direct and significant bearing on the outcome of an assignment including property inspections, analysis, and development of opinions and estimates. 

7.26 Responsibility (Real Property Appraisal Standards – Comments)

7.26.1 A Member signing a report assumes responsibility for the entire report including professional assistance or any clerical assistance.

7.26.2 A Member must disclose all professional assistance and must identify all individuals within the certification of the report.

7.26.3 A Member may rely on third party professional assistance from non-members that are reputable, qualified professionals or tradespersons of a recognized organization

18.32 Responsibility (Practice Notes)

18.32.1 Professional assistance is determined through the “Reasonable Appraiser” test. 

18.32.2 A Member may rely on professional assistance if: 

18.32.2.i the individual is competent; and 

18.32.2.ii the individual’s work is credible; and 

18.32.2.iii the individual and the significant professional assistance are identified in the certification; and 

18.32.2.iv the individual is not a Student, Associate or Retired Member; and 

18.32.2.v if a non-member, the individual is a reputable, qualified professional or tradesperson of a recognized organization. 

18.32.7 If relying on professional assistance, it is recommended that liability be limited by identifying in the certification whose information was relied upon, and stating what verification, if any, of that information was undertaken. Under this circumstance, a Member should consider whether an Extraordinary Assumption is required. [see 7.25]

If you have a question about engaging a technician for professional assistance, click here for further information.


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