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Appraisal Institute of Canada and TEGoVA sign Mutual Recognition Agreement

July 20, 2016

Historic Agreement

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On 9th June 2016, the Appraisal Institute of Canada (AIC) and TEGoVA signed a landmark agreement to mutually recognise the valuation standards and qualifications of each organisation.

The agreement, signed at AIC's annual conference in Winnipeg, signifies that European clients can confidently engage AIC-designated appraisers - Accredited Appraiser Canadian Institute (AACI) and the Canadian Residential Appraiser (CRA) - to complete valuation assignments of the same quality as those of holders of TEGoVA titles - Recognised European Valuer (REV) and TEGoVA Residential Valuer (TRV). Similarly, Canadian clients can engage a valuation professional with an REV or TRV designation, knowing that a comprehensive approach and analysis will be delivered on an appraisal assignment required in Europe.

     
AIC

Appraisal Institute of Canada

Established in 1938, the Appraisal Institute of Canada (AIC) is a leading real property valuation association with over 5,000 members across Canada and around the world.

AIC's mission is to promote and support our members in providing high quality property advisory services for the benefit of clients, employers, and the public.