Which designation allows an individual to perform commercial appraisals?

The designation that allows an individual to perform commercial appraisals is AACI (Accredited Appraiser Canadian Institute). This designation is recognized nationally and signifies that the individual has met rigorous educational requirements and practical experience in the field of appraisal, specifically related to both residential and commercial properties.

Individuals with the AACI designation have proven their competency to conduct detailed and accurate appraisals on commercial properties, which can be complex and require specialized knowledge. This designation provides assurance to clients and stakeholders that the appraiser is qualified to provide professional opinion on property value, which is critical in commercial transactions and financing.

The other options do not specifically focus on commercial appraisals. For instance, the CRA designation is more oriented towards residential appraisals, while FRI is tied to the real estate industry but does not specifically include appraisal credentials. The AREI is not a widely recognized designation in the context of performing appraisals at all. Therefore, AACI stands out as the appropriate and authorized designation in the appraisal of commercial real estate.