Application process
Application process – AIC Candidates
Application Process – CNAREA Candidates
Application Process – Other Provinces
Appraisers from other provinces or former members applying for reinstatement
Application Process - Former NBAREA members
Application Process – AIC candidates
Review AIC Requirements
- Review AIC Website
- AIC 101
- AIC ITPP
- UBC BUSI 330
- Find a cosigner/mentor
Gather Required Documents
- University transcript (sent directly from university) – confirming 2 years post secondary education
- Proof of Successful Completion – AIC 101
- Proof of Successful Completion – AIC ITPP
- Proof of Successful Completion BUSI 330
Submit Forms and Documents
Submit NBAREA Application Form
Submit AIC Application Form
Dues and Fees
- NBAREA application fee-$75+ HST
- AIC membership fee-$100+HST
- AIC criminal record check-$30+HST
- NBAREA dues and fees-$635+HST
Liability Insurance
- Receive confirmation of AIC membership
- Arrange Professional Liability Insurance
- Forward Certificate of Insurance to NBAREA
- Receive confirmation of NBAREA membership
Application Process – CNAREA candidates
Review CNAREA Requirements
- Review CNAREA Website
- Find a Supervisor / Reviewer
- Complete criminal record check
- Apply for candidate status with CNAREA
Submit Forms and Documents
- Submit NBAREA Application Form
- Provide proof of membership in good standing with CNAREA
- Provide proof of professional liability insurance ($2 million)
Dues and Fees
- NBAREA Application Fee – $75 + HST
- NBAREA Dues/Fees – $635 + HST
Registration with NBAREA
- Recive Confirmation of NBAREA membership
- Complete Appraising in NB within 12 months after becoming registered
Application Process – Appraisers from other provinces/countries
Submit Forms and Documents
- Submit NBAREA Application Form
- Confirmation of membership in good standing with one of the following:
-
- Appraisal Institute of Canada (AIC)
- Canadian National Association o Real Estate Appraisers (CNAREA),
- Appraisal Institute (US),
- L’Ordre des évaluateurs agréés du Québec, or
- Proof of Professional Liability Insurance coverage of at least $2 million (CAD)
-
Dues and Fees
- Application fee – $75 + HST
- NBAREA Registration fees ($635 + HST)
NBAREA Registration
- Receive confirmation of NBAREA membership
- Complete Appraising in NB webinar within 12 months after becoming registered
Application Process – Former NBAREA members
Reinstate Designation and Professional Liability Insurance
- Submit NBAREA Application Form
- Complete reinstatement requirements to become member in good standing (including any continuing education requirements and payment of fees) with one of the following:
-
- Appraisal Institute of Canada (AIC)
- Canadian National Association o Real Estate Appraisers (CNAREA),
- Appraisal Institute (US), or
- L’Ordre des évaluateurs agréés du Québec
-
- Obtain Professional Liability Insurance coverage of at least $2 million (CAD) and forward certificate to NBAREA (info@nbarea.org)
Dues and Fees
- Application fee – $75 + HST
- NBAREA Registration fees ($635 + HST)
NBAREA Registration
- Receive confirmation of NBAREA membership
- Complete Appraising in NB webinar within 12 months after becoming registered
