Frequently Asked Questions about Canadian National Real Estate Appraisers

Answers for Rules, Regulations, Policies, Processes and so much more! Don’t see your question here? Contact us!

FAQ – 3 Years Prior Service:

Q: Is there a specific location within the appraisal report for the statement pertaining to the three (3) years prior services on the subject property?
A: Yes, the USPAP requires the disclosure for prior services to appear in the “Certification” of the appraisal report.  The Conduct section of the ETHICS Rule states in part:
“If known prior to accepting an assignment, and/or if discovered at any time during the assignment, an appraiser must disclose to the client, and in each subsequent report certification…. any services regarding the subject property performed by the appraiser within the three-year period immediately preceding acceptance of the assignment, as an appraiser or in any other capacity.”
SOURCE: http://appraisal.answerbase.com/2543307

Also, if an appraisal report is being completed by a Candidate Member, and their Supervisory Appraiser, each signatory is required to have a statement pertaining to the provision of services.
i.e.:  If the Candidate Member signing the appraisal report has not provided services on the subject property within the three-year period immediately preceding acceptance of the assignment, but the Supervisory Appraiser signing the report has, there must be a statement describing both situations, in the report “Certification”.  If both the Candidate Member and Supervisory Appraiser either have or have not provided services, there must be statements that reflect the situation.

Examples:

Situation #1 – No services provided by the Candidate Member, but services provided by the Supervisory Appraiser:
“The Candidate Member has not provided services of any kind, on the subject property within the three-year period immediately preceding acceptance of this assignment, however the Supervisory Appraiser has provided services on the subject property within the three-year period immediately preceding acceptance of this assignment.”

Situation #2 – Services provided by the Candidate Member, but not by the Supervisory Appraiser:
“The Candidate Member has provided appraisal services, on the subject property within the three-year period immediately preceding acceptance of this assignment, however the Supervisory Appraiser has not.

Situation #3 – Services provided by the Candidate Member, and by the Supervisory Appraiser:
“Both the Candidate Member and the Supervisory Appraiser have provided services on the subject property within the three-year period immediately preceding acceptance of this assignment.”

Situation #4 – No Services provided by the Candidate Member, nor by the Supervisory Appraiser:
“Neither the Candidate Member nor the Supervisory Appraiser have provided services of any kind on the subject property within the three-year period immediately preceding acceptance of this assignment.”

How To Register

Real Estate Appraiser Distance Learning Courses

Download our easy step-by-step tutorial.

Membership FAQ’s

Frequently Asked Questions

How do I become an appraiser and start taking courses?

There are a number of steps that must be taken in order to become a candidate member and start taking courses.

  1. The first step is that a prospective member must arrange for a supervisor (see below) so that they can join as a candidate member.
  2. When they have found a qualified supervisor (see below) a membership application, criminal background check and supporting documentation must be submitted to the CNAREA Administration office via cnarea.ca.
  3. When the membership application has been approved and the membership fee has been paid then the new candidate member will receive an email from the association’s insurer Prolink to complete the process of obtaining E&O  (Errors and Omissions) insurance.
  4. For Alberta candidates, once the membership fee and insurance has been paid then a Letter of Good Standing will be sent to RECA (Real Estate Council of Alberta)
  5. The candidate member can then start working as a candidate appraiser and commence the CNAREA education program.

Who are qualified supervisors and how do I find one?

A supervisor has the designation Certified Appraisal Reviewer which means among other things they are permitted to take on up to four (4) candidates at any one time.

The best way to find a supervisor is to check cnarea.ca and look for the “Find an Appraiser” tab. Search the areas you wish to work in and find out if they are looking for candidates.

Will CNAREA help me find a supervisor?

No, CNAREA does get involved in the business operations of our members and as such will not get involved in the hiring of new candidates. We do advise that all prospective candidates check the “Job Posting” tab on cnarea.ca on a regular basis.

What supporting documentation do I need to submit along with the membership application?

A prospective member must submit a criminal background check which can be completed through the link on cnarea.ca. The applicant must also submit confirmation that he or she has successfully completed, at minimum, High School or equivalent as well as work history which usually is in the form of a resume. If the applicant is wanting to receive credit for specific courses or programs they must provide a description of the course or program as well as confirmation of successful completion.

Does previous education from other institutions, associations, or related industries count for credit towards the CNAREA education program?

Only appraisal related courses will be considered for credit towards the mandatory or core courses in the CNAREA education program.

With respect to appraisal courses from outside of CNAREA submit the course description and confirmation of successfully completing the course. CNAREA staff will review this information and notify the prospective member that credit will be given.

Other real estate related courses will be reviewed to determine if elective credits can be given.

Are courses offered online as opposed to the classroom?

Currently CNAREA does not offer any of the mandatory courses online. There are currently four (4) courses through correspondence and the rest are in the classroom. Refer to the education schedule on cnarea.ca for dates and locations.

Will classroom courses be offered in other locations?

For the most part classroom courses are offered in Parksville, B.C., Calgary, and Toronto. Courses are sometimes held in other locations including Winnipeg and Montreal. Consideration is being given to holding courses in Vancouver, Edmonton, and the Maritimes.

How long does is take to become a designated appraiser?

It varies per member but generally takes between 2 – 4 years. A candidate must complete all of the education requirements and have approximately 2 years of full-time work as a candidate appraiser before they are able to write the final exam. When applying to write the final exam the candidate must submit 2 recent appraisal reports for review.

As a candidate appraiser can I complete appraisal reports on my own?

As a candidate appraiser every report that you complete must be signed by your/a supervisor.

How much does it cost to get my designation?

The approximate cost of the education program is approximately $6,000.00. This does not include membership fees and the cost of insurance.