CNAREA’s Head Office is Re-Locating to Ontario

Our current offices will close on March 14, 2019 and we will re-open in the new location on April 02, 2019.

If you need to speak to someone during the transition, please contact the President, Jim Carty at 613.774.6195 or jcarty@cnarea.ca or our Compliance Officer, Robert Fraser at 613.802.4783 or rfraser16@cogeco.ca Both Jim and Robert are available Monday to Friday from 8:00 AM to 4:00 PM Eastern Standard Time.

Thank you for your patience during this busy transition, and we look forward to better servicing our members and other industry stakeholders from our new office location:

Unit #1 – 97 Hanna Court S
Belleville, ON
K8P 5H2

Registration Announcement – 2019 Convention Registration Form

We have now posted the registration form for the 2019 CNAREA Annual Convention in Collingwood.

Registration for activities outside of the hotel can be found on the Georgian Bay website at: https://bit.ly/2Ng981K

To register for the convention, please complete the Member Registration Form (Downloadable PDF) and securely forward by email to hq@cnarea.ca by April 30.

A schedule has already been posted and will be updated shortly. We will continue to post announcements and conference information so please check back with us on our website regularly.

We look forward to seeing you in Collingwood.

Convention Schedule for May 2019 (Downloadable PDF)

2019 Convention Announcement

2019 CNAREA Convention

CNAREA is pleased to announce that the 2019 Convention will be held May 27th to May 31st 2019. The convention will be based at the Georgian Bay Hotel & Conference Centre in Collingwood, Ontario georgianbayhotel.com.

Convention activities are currently being planned along with entertainment for a number of the events; details will be announced as they are finalized. Please see the initial schedule posted along with this announcement. Details regarding Convention registration and hotel registration will be available shortly.

The annual convention is a great opportunity to gain continuing education credits, attend informative sessions, collaborate with peers and industry partners, and take part in decisions that affect the Association.

We look forward to seeing you in Collingwood.

Convention Schedule for May 2019

Nominees needed for the AGM

 

Hello CNAREA Members.

With our AGM fast approaching, the time is now upon us to start seeking nomination for our awards and for the Board of Directors.

Candidate of the Year:

Members in good standing are asked to submit Nominations to jcarty@cnarea.ca with the member’s name, and supporting rational for their considerations, to be reviewed and qualified by the awards committee.

Member of the Year:

In the past this has been qualified by past winners, however this year we are asking Members in good standing to submit Nominations to jcarty@cnarea.ca with the member’s name, and supporting rational for their considerations, to be reviewed and qualified by the awards committee.

Board of Directors:

We will have 3 positions to be Elected to the Board of Directors this year at our AGM to be held on

Tuesday May 28th, 2019 in Collingwood, ON. These will be 2-year terms which will require travel and attendance to several meetings, as well as a good portion of volunteer hours to engage in phone

meetings, assigned duties and decision processes. For this we are seeking nominations that we will

require confirmation of acceptance. A short Bio will be required by the nominee. Nominees must be

Designated Members, in Good Standing. Please send nominations to jcarty@cnarea.ca with name and contact information.

JIM CARTY

National President – CNAREA

Message from the President

Hello CNAREA Members.

As 2018 is quickly coming to a close, I would like to reach out to Wish Everyone and their Families the Happiest of Holidays, as well as passing along a few updates, to keep everyone informed.

Your Board of Directors wrapped up the Mid-Term meeting in Ottawa November 17, 2018, where a serious fine tuning of our “By-Laws” and “Policy & Procedures” was undertaken. In addition we went over the positive results of our financial and administrative restructuring efficiencies, a review of our Insurance, education program, and committee standings among many things. Overall it was very positive and highlighted the huge benefits for the direction and efforts we have undertaken, and bolstered our focus on forging forward. 2018 will end on a high, with 2019 set to eclipse all expectations. Personally it has made me very proud to see how much we have accomplished, and to once again interact with such a Hard Working and Dedicated Team.

Over many years there have been countless ideas tossed around, some have been rejected, while others have been acted upon. This past Monday Nov. 26 a special meeting of the Board of Directors was called to Order so we could discuss a bold idea that has been around for years. A decision was made, and I am proud to announce:

Your Board of Directors has approved a motion to take immediate actions to facilitate the Moving of CNAREA’s National Head Quarters to Ontario.

We believe this will create opportunities that will improve our operations and effectiveness by being more available and interactive with industry stake holders, amplifying our member benefits, and will bring The “Canadian National Association of Real Estate Appraisers” to the next level.

Nothing has been set in stone, however with this new mandate we will be diligently exploring our options and will take all the prudent steps necessary to make this happen. I ‘m excited to see this play out and I hope this news is seen as a positive for everyone in CNAREA.

Let’s all have a fun filled Holiday Season, everyone be safe, and have a Happy New Years.

JIM CARTY

National President – CNAREA

2019 Annual Convention

As announced to the membership at the 2018 AGM, the 2019 CNAREA annual convention will be once again held in Collingwood, Ontario at the Georgian Bay Hotel and Resort May 27 – May 31, 2019. Preparations are now underway; We will be offering several courses and workshops that will assist Candidates in progressing towards their DAR designation as well provide Continuing Education credits for all members.

We will be finalizing the schedule of events shortly so be sure to keep checking cnarea.ca for updates.

 

FAQ – 3 Years Prior Service

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.”

To All CNAREA Members

Please be advised that CNAREA will be holding its Annual Mid-Term Board of Directors Meeting on Saturday November 17th, 2018 at the Hampton Inn Ottawa Airport beginning at 12:00 noon.

 

Please note that this meeting is open to Board Members and invited guests ONLY.  However if you have questions or issues of concern for the Board of Directors to discuss, please forward an email to Kevin Lonsdale at: executivedirector@cnarea.ca so that the issue can be placed on the agenda.

 

Thank you.

 

Discounted rate for the Residential Cost Approach Certification online class

CNAREA is proud to announce a new agreement with CoreLogic/Marshall & Swift that provides CNAREA members a discounted rate for the Residential Cost Approach Certification online class.  Effective immediately CNAREA members will be able to purchase the online class for the discounted price of $129 US.  The course is a 9 module, self-paced program that cover several topics including; Single and Multi-family Residences, Quality of Construction, Obtaining Base Costs, Lump Sum Adjustments, Interpolation, Depreciation, Segregated Costs, and the mechanics of Form 1007. 

 

Once registered for the course, students are able to login and out as often as they like, for the 30 day active period. Upon completion of the course, students will be required to successfully complete a final Residential Cost Approach Certification Test.  (Passing Grade is 80%).   For those members who require CNA202 – Residential Cost Approach, this course along with the 2-day in-class session comprises the entire Cost Approach Course.  For those members who have already completed the requirements for CNA202 (Old 6.7 course), this on-line offering from CoreLogic will earn 8 hours of continuing Education requirements.

 

As an added bonus, CoreLogic has agreed to offer a 10% discount off any New Purchase or Renewal Purchase of their Marshall and Swift Cost Manual products.  (Book or Software)

 

Please ‘purchase’ your access code on the CNAREA Education webpage.  Upon registering for the course, your Discount Code will be forwarded to you, to allow you to purchase the course from CoreLogic.  Please be sure to receive your Course Discount Code before you register for this online portion of the Residential Cost Approach Certification Course.

 

2018 Annual General Meeting Voting Results

June 01, 2018

On Tuesday May 29, 2018 CNAREA held its Annual General Meeting, with the members voting on 3 proposed By-Law Changes, as well as holding elections for the position of President, and the Board of Directors. All the By-Law changes proposed, were accepted by the membership.

As for the election, our incumbent President, Mr. Jim Carty was nominated for the position again this year, and having received no other nominations, Jim was re-elected to another 2-year term. Congratulations Jim!

We also held elections for the 6 elected, voting positions on the Board of Directors. We received 9 nominations this year. All the sitting elected Directors: Michel Beaudoin, Brad Cable, John Carty, Stefan Epstein, Rob MacDonald and Robert Ouimet were nominated again, as well as 3 others: Mike Chekaluk, Steve Coull, and Gerhardt Klan.

As per the newly adopted By-Law with respect to the Term of Office of the Directors, the three top vote getters, John Carty, Rob MacDonald, and Stefan Epstein were elected to 2-year terms, and the next 3, Robert Ouimet, Michel Beaudoin, and Brad Cable were elected to 1-year terms.

Congratulations to all those nominated and elected. We are looking forward to an exciting year!