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APPLIED
EXPERIENCE PROGRAM -
APPRAISAL
INSTITUTE OF CANADA
Transition from Articling to Applied Experience ProgramEffective July 1, 2001,
one
year of
involvement in the Applied Experience Program is the minimum experience
required
for use of the AACI designation. During the transition period,
200
logged days are equal to one year.
Effective July 1, 2001, six months of involvement in the Applied Experience Program is the minimum requirement for use of the CRA designation. During the transition period, 100 logged days are equal to six months. For members who have submitted a logbook whereby the required time (as outlined above) has been awarded, the Articling Report form will serve as evidence of Applied Experience and no further documentation is required. Articling time awarded will be retained. For members who have entered into a formal articling agreement but not submitted a logbook, the candidate and sponsor have the following options:
Oral ExaminationCommencing July 1, 2001, some immediate changes will be evident:
Effective July 1, 2001, all candidate members seeking designated membership status with the Appraisal Institute of Canada will be subject to the requirements of the Applied Experience Program. The Applied Experience Program ensures that all designated members have obtained experience in the principles of value and the professional skills expected by our clients. Mentoring ensures that the candidate is guided in the development and application of the principles of value and professional skills. The requirements of
the
program for the participants are as follows:
Introductory Process
At
the
time of the introductory meeting, the Committee of Examiners will
determine whether the anticipated applied experience will satisfy the
requirements set out and
inform the candidate.
The MentorThe
mentor will
be a well regarded professional from a property related discipline,
preferably
the same discipline as the candidate, who is willing to commit to the
requirements,
as outlined, during the introductory process.
The mentor must be willing to instruct the candidate in "First Principles" as related to work experience; must be willing to report to the Committee of Examiners with recommendations regarding the candidate's application and understanding of first principles. The qualifications of the mentor are to be judged by the candidate to best support their success in the Applied Experience Program. The mentor does not necessarily have to be a designated member of the Institute. Upon completion of the Applied Experience Program, the mentors must provide to the provincial association office, a brief description of their involvement and confirmation that the candidate has applied knowledge of First Principles, which will in turn, be provided to the Committee of Examiners at the time candidate applies for designated member status. First PrinciplesIn
order
to achieve use of the CRA or AACI designation, the candidate must have
experience and be proficient in the following First Principles of
property value. Candidates employed in any of the real estate related
disciplines listed must have experience in application and principles,
which currently include the following:
Critical Professional SkillsIn addition to First Principles, candidates must acquire what are determined to be "Critical Professional Skills". These skill sets are:
Recognized Areas of Applied ExperienceWhen
related to real estate and the list of First Principles, the following
areas of experience qualify under the Applied Experience Program:
From Candidate:
- high-level description of applied work experience acquired - frequency and involvement of first principles - brief summary of how experience included each First Principle (separately) and how often each first principle was involved.
From Mentor:
Note that if the mentor is not a member of the Appraisal Institute of Canada, the candidate will also require a recommendation from a member holding either the AACI or CRA designation.
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HOME
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ABOUT US | HIRING AN
APPRAISER | MEMBER DIRECTORY | EDUCATION | CANDIDATE
MEMBERSHIP |
APPLIED
EXPERIENCE PROGRAM | PROFESSIONAL
DEVELOPMENT |
PRIVACY POLICY
MEMBER
NEWSLETTER | BY-LAWS | BULLETIN BOARD | APPLICATION
FORMS