North Carolina Professional Appraisers Coalition    

Professional Designation: CDA (Coalition Designated Appraiser)

REQUIREMENTS

The NCPAC awards one professional real property appraisal designation – the CDA (Coalition Designated Appraiser). The CDA member is qualified to appraise all types of real property and property interests for which they possess competency in accordance with the USPAP Competency Rule.

To qualify, a member must be a state certified general or state certified residential appraiser, pass written examinations, validate years of professional practice, demonstrate appropriate appraisal proficiency, and meet high standards of personal integrity. Only those who meet specific requirements relating to experience, examination, and demonstration, are eligible to receive a designation.

An applicant for designation must be a member in good standing of the NCPAC. Required criteria include professional demeanor in appraisal practice and in communication with other members of NCPAC, plus attendance and participation in NCPAC meetings, functions and activities.

I. Education

Applicants must attest that the qualifying and continuing education requirements have been satisfied. Qualifying and continuing education must meet the requirements of the North Carolina Appraisal Board (NCAB). Applicants may also be required to take and get credit for an appropriate NCPAC designation qualification course. Receiving credit for such a course may be accomplished by: 1) challenging the appropriate examinations with or without auditing the course, or 2) by enrolling in the course for credit and successfully passing the examination. Payment of standard class tuition may be required of applicants who wish to receive credit for a NCPAC designation qualification course.

Applicants for the CDA designation must have earned the number of hours of qualifying education required to obtain a certified credential, 15 of which must be Uniform Standards of Professional Appraisal Practice.

II. Experience

An applicant for the CDA designation must also have been actively engaged in real property appraisal practice according to the following experience criteria:

A CDA applicant must be prepared to demonstrate proficiency in completing complex appraisal assignments in compliance with USPAP.

Applicants must be prepared to submit a work log so that the Designations Committee may choose samples of work for review prior to the applicant interview. The Designations Committee will be responsible for establishing the specific number reports and years of experience necessary to meet these criteria. Such objective standard of performance must be published and approved by the NCPAC board as well as any equivalency provisions that may apply to otherwise qualified appraisers.

III. Other Criteria

Professional demeanor in appraisal practice and in communication with other members of NCPAC, plus attendance and participation in NCPAC meetings, functions and activities are important criteria.

When a qualified member of the NCPAC meets these requirements, he/she a may submit an application for designation with a non-refundable application fee. If the application is accepted, that applicant shall submit a log of completed appraisal assignments that meets the published experience evidence requirements.

A designated member, who subsequently retires (not a voluntary surrender or revocation due to disciplinary proceedings) her/his license, will be able to maintain her/his designation.

IV. Formal Application

Each application for designation is to be made on the official "Application for Designation" form furnished by the NCPAC Designations Committee and shall be accompanied by a non-refundable application fee.

Applicants shall truthfully answer all items related to good moral character in compliance with the NCPAC Ethics Code. Full disclosure from the candidate is expected, including, but not limited to, circumstances and events that may occur after the date of application.

Any individual who knowingly makes false statements, submits false information or fails to disclose information requested on the application, shall be subject to discipline pursuant to Article III of the NCPAC Rules and Regulations. Any Applicant for Designation, if convicted of a crime, shall be subject to discipline pursuant to Article III of the NCPAC Rules and Regulations.

V. Appraisal Report Submission Requirements

An applicant may choose option A or B as follows:

Option A. Submit two summary reports of completed appraisals of a residential income-producing property or an improved multifamily, commercial, industrial or institutional property that included application of at least two approaches to value in each report, and when combined, demonstrate application all three approaches to value. For each report, if one or more approaches to value were excluded the report must adequately explain any exclusion(s).

Option B. Submit one summary report of a completed appraisal report of a residential income-producing property or an improved multifamily, commercial, industrial or institutional property which includes application of all three approaches to value, demonstrating the appropriate methods of analysis.

V. Designations Committee

The NCPAC board of directors herein establishes the Designations Committee as a Standing Committee. The members of the initial Designations Committee shall be appointed by the presiding president subject to confirmation by the NCPAC board. Such initial appointments should be made based upon the competency and experience needed to provide objective analysis of each CDA applicant in a timely manner. Henceforth, each newly elected president may propose up to 5 candidates for the replacement of one member of the then existing Designations Committee, subject to the NCPAC Board vetting and confirmation. These new candidates must possess the CDA designation and be able and willing to serve the mission of the Designations Committee competently, objectively, and without bias.

The number of the Designations Committee members and any changes to the Designations Program must be approved by the NCPAC board upon the review and recommendation of the then existing Designations Committee.

Application

To make application for the CDA:

1.     Use this link to download the interactive PDF application form to your computer.

2.     Complete all applicable sections of the application form and then print it – either to your default printer or to a PDF document.

Submit your completed application form by e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it.  or by mail to: 2664 Timber Drive Ste# 337,  Garner, NC 27529

For questions, contact NCPAC Office Administrator by e-mail at This e-mail address is being protected from spambots. You need JavaScript enabled to view it.  or by Phone at 919-710-3927