The Canadian Institute of Evaluators and the Order of Chartered Evaluators of Quebec sign a historic memorandum of understanding to better protect the public

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LEVIS, QC, November 15, 2021 / CNW / – The Institute for the Evaluation of Canada (AIC) and the Order of Chartered Evaluators of Quebec (OEAQ) are pleased to announce the signing of a historic Memorandum of Understanding (MOU) to support the work of its respective members and industry partners. view of the protection of the public. This memorandum of understanding marks a new era of collaboration between the AIC and the OEAQ.

The Appraisal Institute of Canada (CNW Group / Appraisal Institute of Canada)

Members of the AIC and OEAQ are highly qualified and respected professionals who follow a comprehensive curriculum that meets rigorous experience and examination requirements. They agree to abide by a code of conduct and to follow continuous professional development in order to maintain the highest level of competence in a changing market.

This partnership between the AIC and the OEAQ sends a clear message to all parties that the profession of appointed and certified assessor is a profession founded on principles and values ​​which aim to provide an impartial assessment, an examination, an advice. , reserve fund studies and other services on all types of Properties. The appointed and certified appraiser remains a key player in the real estate market, whether residential, commercial or industrial. The appraiser ensures that the relevant information about a property is reflected in an impartial, independent and reliable opinion on the market value of a property, so that the client can make an informed decision.

The MOU is the result of efforts by the two organizations to provide more collaborative oversight of assessors who decide to obtain both AACI and EA designations through this MOU, thereby benefiting the general public. . The memorandum of understanding provides for the reciprocal recognition of qualifications based on the rigor of the AIC and OEAQ designation processes and professional practice standards.

With regard to members, the memorandum of understanding defines precise and rigorous parameters surrounding, among other things, the conditions of admission, supervision of professional practice and communications. Essentially, this means that doubly designated members will be able to benefit from the resources that both organizations provide while meeting AIC and OEAQ standards.

“We are very proud of this renewed relationship with the Order of Chartered Evaluators of Quebec,” said André Pouliot, AACI, President of the Canada. “We are convinced that the new Memorandum of Understanding will allow our respective members to benefit from the services offered by both organizations while protecting the interests of the public.

“The collaboration between the two organizations will allow better supervision of the professional practice of an evaluator for the benefit of the general public by guaranteeing the quality of the professional services provided by its members. This memorandum of understanding opens a new era of open discussion between the two organizations. which will allow our respective members to benefit from the services and training offered by the two organizations, which ultimately ensures a solid succession. ” noted Pierre Goudreau, É.A., President of the Order of Chartered Evaluators of Quebec.

The AIC and the OEAQ will continue to collaborate on issues related to the appraisal profession and the real estate market.

ABOUT AIC

The evaluation institute of Canada (AIC) is a leading real estate appraisal association with over 5,400 members across Canada and all over the world. Founded in 1938, AIC works in collaboration with its 10 affiliated provincial associations to grant the Canadian Institute Chartered Appraiser (AACI ™) and Canadian Residential Appraiser (CRA ™) designations. Designated members of the AIC must adhere to the regulations and standards of professional practice known as the Uniform Standards of Professional Practice in Assessment in Canada (CUSPAP) and a code of conduct to ensure the integrity of the profession. and the protection of the public interest.

For more information visit www.AICanada.ca

ABOUT THE OEAQ

Since its creation in 1969, the Order of Chartered Evaluators of Quebec (OEAQ), established under the Professional Code, has been tasked with protecting the public interest by guaranteeing the quality of the professional acts performed by its members. In addition, the OEAQ has set itself the objective of ensuring constant improvement in the professional services provided to the public by accredited assessors. In Quebec, more than 1,000 accredited assessors are recognized professionals who must respect their code of ethics, maintain their skills through continuing education and comply with the professional standards of the OEAQ.

SOURCE evaluation institute of Canada

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