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.
Appraisal Institute of Canada
The Appraisal Institute of Canada (AIC) is a leading real property valuation association with over 4,900 members across Canada and around the world. Established in 1938, the AIC works collaboratively with its 10 provincial affiliated associations to grant the distinguished Accredited Appraiser Canadian Institute (AACI™) and Canadian Residential Appraiser (CRA™) designations.
The British Columbia Association of AIC
The Appraisal Institute of Canada – BC (AIC – BC) is the provincial association of the Appraisal Institute of Canada (AIC) within British Columbia and the Yukon. Established in 1973, AIC-BC represents approximately 1000 members and delivers AIC’s member programs and services within the region. AIC-BC’s objective is to serve the profession and the public by implementing policies and programs to ensure the appraisal profession is advanced and the public is protected.
The AlbertaAssociation of AIC
The Appraisal Institute of Canada – Alberta (AIC – AB) is a provincial affiliate of the Appraisal Institute of Canada (AIC) within Alberta, Nunavut and the Northwest Territories. Established in 1978, AIC-AB represents approximately 800 members and delivers AIC’s member programs and services within the region. Appraisers within Alberta are licensed under the Real Estate Act and are part of the licensing and regulatory responsibilities of the Real Estate Council of Alberta. AIC-AB’s objective is to serve the profession and the public by implementing policies and programs to ensure the profession is advanced and the public is protected.
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
The Ontario Association helps the public find designated appraisers for residential, commercial, industrial and investment-type properties and helps people interested in learning more about real estate appraisal and the property valuation professional. The Ontario Association works in cooperation with the Appraisal Institute of Canada to provide various services to the members of both organizations. We provide courses and seminars in real estate appraisal and professional development for existing partners.
The Quebec Association of AIC
The Appraisal Institute of Canada – Québec (AIC-QC) is a provincial association of the Appraisal Institute of Canada (AIC). Established in 1995, AIC-QC represents approximately 200 members and delivers AIC’s member programs and services within the province. AIC-QC’s objective is to serve the profession and the public by implementing policies and programs to ensure the appraisal profession is advanced and the public is protected.
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.
Nova Scotia Real Estate Appraisers Association
The Nova Scotia Real Estate Appraisers Association (NSREAA) became a self-regulating association under Provincial Statute (Bill 86), The Real Estate Appraisers Act. This means that anyone engaged in the practice of real estate appraisal within the meaning of the Act must be a registered member of the Nova Scotia Real Estate Appraisers Association.
Prince Edward Island Association of AIC
The Appraisal Institute of Canada – Prince Edward Island (AIC – PEI) is a provincial association of the Appraisal Institute of Canada (AIC). AIC-PEI represents approximately 50 members and delivers AIC’s member programs and services within the province. AIC-PEI’s objective is to serve the profession and the public by implementing policies and programs to ensure the appraisal profession is advanced and the public is protected.
Newfoundland & Labrador Association of AIC The Appraisal Institute of Canada – Newfoundland and Labrador (AIC – NL) is a provincial association of the Appraisal Institute of Canada (AIC). AIC-NL represents approximately 90 members and delivers AIC’s member programs and services within both Newfoundland and Labrador. AIC-NL’s objective is to serve the profession and the public by implementing policies and programs to ensure the appraisal profession is advanced and the public is protected.
Find Appraisers across Canada!
Appraisal Institute of Canada Designated Members are Real Estate appraisal professionals who play a direct and vital role in the real estate sector. That role is to determine, report upon, and attest to the real value of property.
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