REQUIREMENTS FOR THE CRA

The CRA (Canadian Residential Appraiser) designation denotes members qualified in the appraisal and valuation of individual, undeveloped residential dwelling sites up to dwellings containing not more than four self-contained family housing units.

Please note: anyone seeking the use of the CRA designation must also hold a degree from an accredited university.

Use of the CRA designation is granted by the Institute upon successful completion of the following Courses (the majority of which are offered via distance learning by UBC):

• BUSI	330	Foundations of Real Estate Appraisal
• BUSI	100	Micro Foundations of Real Estate Economics
• BUSI	101	Capital Markets and Real Estate
• BUSI	111	Real Property Law & Real Estate Ethics
• BUSI	400	Residential Property Analysis
• BUSI	443	Real Property Assessment
• BUSI	444	Computer Assisted Mass Appraisal
•		Communication/Business Report Writing*
and the following Professional Requirements:
•		Demonstration Appraisal Report - Single Family Dwelling
•		Applied Experience
•		The Standards Seminar
•		CRA Interview

Students who have completed:

•	An undergraduate degree (120 credits - 4 years) at an English- or French-speaking university or
• BUSI	499 (Guided Case Study - a requirement for the AACI)
Receive and exemption from the Communications/Business Report Writing course.