Certified Assessment Evaluator (CAE)

The purpose of the CAE designation is to recognize professionalism and competency in a wide range of matters covering property valuation for tax purposes, property tax administration, and property tax policy.

IAAO members may use this designation in conjunction with the valuation of a wide range of property types, property appraisal and assessment administration issues, and property tax policy statements in accordance with IAAO's commitment to excellence.


    To qualify for the CAE designation, the following general requirements must be applicable on the date of sitting for the comprehensive examination.
  1. The candidate must have at least five (5) years of experience in property appraisal or assessment administration.
  2. The candidate must have credit for the following seven (7) educational courses:
    1. IAAO Course 101: Fundamentals of Real Property Appraisal
    2. IAAO Course 102: Income Approach to Valuation
    3. IAAO Course 112: Income Approach to Valuation II
    4. IAAO Course 311: Residential Modeling Concepts or IAAO Course 312: Commercial/Industrial Modeling Concepts
    5. IAAO Course 400: Assessment Administration
    6. IAAO Workshop 171 Standards of Professional Practices and Ethics or IAAO online Standards of Practice and Professional Ethics Supplement
    7. Residents of the United States are required to take either IAAO 151 or a Foundation-approved two-day USPAP course. Examination cannot be challenged. Residents outside the U.S. must provide proof of passage of a course covering the particular appraisal standards that govern appraisers within their jurisdiction in lieu of taking either IAAO 151 or a Foundation-approved two-day USPAP course. In the absence of a local standard, USPAP is required.
  3. Prior to sitting for any exam or submitting any report under this section a candidate must be an IAAO member and a candidate in good standing in the CAE program. The candidate must have credit for two (2) projects, one on residential real property and one on commercial real property. It is a requirement that at least one (1) of the projects must be a real property demonstration narrative appraisal report.
  4. The candidate must pass an eight- (8-) hour CAE Comprehensive Examination. This examination can be given only after all other requirements have been met.
  5. Upon successfully completing the CAE Comprehensive Examination, the candidate must submit an affidavit attesting to his or her experience before the designation can be conferred.
  6. Members applying for candidacy on or after January 1, 2014 must, prior to sitting for the CAE comprehensive examination, hold a bachelor’s degree or higher from an accredited college or university. In lieu of a bachelor’s degree, candidates must be a high school graduate (or equivalent) and satisfy one of the following options:
    (1) Complete a minimum of thirty semester hours of specific subject area coursework or pass College-Level Examination Program (CLEP) exams equivalent from an accredited college or university with a grade of “C” or higher. Subject areas allowed are: English Composition, Economics or Finance, Geography, Algebra, Geometry, Statistics or higher mathematics, Accounting, Business Law, Real Estate Law or Valuation. Three semester hours equals ten points; 100 points are required.
    (2) A minimum of ten years of verifiable appraisal and/or assessment administration experience. One year of experience equals ten points; 100 points are required.
    (3) Any combination of education and experience specified in F.(1) and F.(2) that equals 100 points.

The CAE Comprehensive Examination

The written CAE examination is designed to test the candidate’s knowledge of appraisal methodology principles, and techniques and of assessment theory, practice, procedures, standards, and administration. It is comprehensive in nature, and the candidate is allotted a maximum of eight (8) hours for completion. Specific information on form and content of the examination will be provided to eligible candidates prior to sitting for it.The examination is given only after all general requirements have been satisfactorily completed. The examination may be administered by a proctor at any location and on any date; it is preferred that the proctor be a CAE designee. The Professional Designations Subcommittee may authorize a non-designee to proctor the examination. Proctors cannot be related to the candidate, nor may they proctor if there is any potential conflict of interest.

An oral examination may be required at the discretion of the Professional Designations Subcommittee. A candidate failing the comprehensive CAE examination is permitted to retake it after thirty (30) days.