Responsibilities - Real Estate Appraisers

Purpose:  This bulletin explains the responsibilities of real estate appraisers and candidates.

This bulletin applies to real estate appraisers and candidates.

You are responsible to keep your own records and comply with the legislation.

You must appraise property without bias
Perform appraisals objectively and independently, and without serving any personal interests.

You must meet appraisal standards
You must follow the appraisal standards of the professional appraisal association(s) you belong.

You only need to meet one of the following standards when you appraise real estate in Alberta:

You must select similar properties and be consistent in your report

You must keep accurate and complete records

You must communicate your name and licensing class

Examples of practice errors

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