An appraisal is a formal, impartial estimate or opinion of value, usually written, of an adequately described property, as of a specific date, and supported by the presentation and analysis of relevant data.
The residential appraisal form report is a form completed by the appraiser on a residential property. The report includes general information, such as who owns the property, the address, legal description, taxes, assessed value and age of the dwelling. It also describes the neighborhood in terms of its age, distances to schools and shopping centres, common types of dwellings, services and utilities available, etc.
The BC Association of AIC
The BC Association of the Appraisal Institute of Canada responds to the rapidly changing needs of clients, employers and society by representing, promoting, and supporting our members as leaders in the counseling, analysis and evaluation of real property.
The Alberta Association of AIC
The Alberta Association of the Appraisal Institute of Canada represents the AIC in Alberta, and was incorporated under the Societies Act of the Province of Alberta on July 30, 1979. The Association provides services and information to AIC members and the public in the province, and currently has about 700 members within Alberta. Our office is available to assist you and respond to questions relating to membership and services.
The Saskatchewan Association of AIC
The Saskatchewan Association of the Appraisal Institute of Canada is a provincial association of our parent national body, the Appraisal Institute of Canada, and represents AIC in Saskatchewan.
The Manitoba Association of AIC
The Manitoba Association provides services and information to AIC members and the public in Manitoba.
The Ontario Association of AIC
With 1,700 current members in Ontario, the OAAIC is renown for providing reasoned property appraisals that are widely accepted and respected by courts, real estate corporations, chartered banks, trust companies, mortgage lending institutions, all levels of the government and private individuals.
Quebec Association AIC
PO Box #7
Lasalle, QC H8P 3H9
Phone: (450) 454-0377
Fax: (450) 454-1166
The New Brunswick Association of Real Estate Appraisers
The New Brunswick Association of Real Estate Appraisers was established on January 1, 1995. NBAREA has the duty and the responsibility of regulating the practice of real estate appraisal and the governing of all individuals engaged in such practice in the Province of New Brunswick, in order to serve and protect the public interest.
The Nova Scotia Association of AIC
Appraisers in Nova Scotia, including AACI, CRA, and Candidate members of the Appraisal Institute of Canada, having become members of the Appraisal Institute of Canada, also are members of the Nova Scotia Real Estate Appraisers Association.
Prince Edward Island Association of AIC
P.O. Box 1796
Charlottetown, PE, C1A 7N4
Phone: (902) 368-3355
Fax: (902) 368-3582
Newfoundland Provincial Association
P.O. Box 31056
Mount Pearl, N, A1N 3L5
Phone: (709) 753-7644
Fax: (709) 364-8743
The Appraisal Institute of Canada
The Appraisal Institute of Canada is the national professional organization that designates, and represents professional real estate appraisers, and valuation consultants nationwide.
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