MAl Membership Designation

The MAl membership designation is held by professionals who provide a wide range of services on all types of real property related to providing opinions of value, evaluations, review, consulting and advice on investment decisions, among other things. Property types may include commercial, industrial, agricultural, residential, and vacant land.

To become a MAl Designated member of the Appraisal Institute, an individual must:

• Have good moral character;
• Be a Certified General Real Property Appraiser (or meet equivalency)
• Hold bachelor's degree or higher (or be a Certified General Real Property Appraiser)
• Meet standards and ethics requirements;
• Pass rigorous education requirements;
• Pass a final comprehensive examination;
• Receive credit for specialized experience that meets strict criteria, and
• Receive credit for the demonstration of knowledge requirement.

These individuals have the necessary commercial property valuation experience and knowledge to produce a valuation that ensures confidence. MAl Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that MAl Designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.

The MAl designation has long been recognized by courts of law, government agencies, financial institutions, and investors as a mark of excellence in the field of real estate valuation and analysis.

 

SRPA Membership Designation

The SRPA membership designation is held by professionals who provide a wide range of services on all types of real property related to providing opinions of value and review, among other things. Property types may include valuation of commercial, industrial, agricultural, residential, and vacant land.

The requirements that an appraiser must have fulfilled for the SRPA designation were as follows:

• Pass rigorous education requirements;
• Received credit for real estate valuation experience (at least half of which related to income-producing properties);
• Received credit for one income property demonstration valuation report that, exhibited two forms of depreciation, physical incurable deterioration or either functional or external obsolescence;
• Conduct professional activities in accordance with the Appraisal Institute Code of Professional Ethics which are subject to a peer review process; and
• Adhere to strict continuing education requirements that ensure knowledge in an evolving real estate field.

SRPA Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Practice, underscoring a commitment to sound and ethical professional practice.

 

SRA Membership Designation

The SRA membership designation is held by professionals who provide a wide range of services for residential properties related to providing opinions of value, evaluations, reviews, consulting, and advice regarding investment decisions, among other things.

To become a SRA Designated member of the Appraisal Institute, an individual must:

• Have good moral character;
• Be a Certified Residential or Certified General Real Property Appraiser (or meet equivalency)
• Hold bachelor's degree or higher (or be a Certified Residential or Certified General Real Property Appraiser)
• Meet standards and ethics requirements;
• Pass rigorous education requirements;
• Receive credit for residential experience that meets meet strict criteria; and
• Receive credit for the demonstration of knowledge requirement.

SRA Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that SRA Designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.