Chartered Realty Investor (CRI): Level II (Charter) Application Fee

The CRI Level II Charter Designation recognizes the experience of the commercial/multifamily professional who has earned the Associate level designation and has achieved an understanding of more complex commercial real estate finance, knowledge of capital markets, securitization, portfolio management theory all incorporating ethics and standards.

Application

Only Associate members are eligible to apply for the Chartered Realty Investor (CRI) Level II Charter Designation. The first step is to complete a registration package. By purchasing the $100 registration package, the Charter candidate will receive:

• CRI Charter Application
• CRI Charter Applicant Reference Form
• CRI Applicant Disclosure Form
• CRI Applicant Conduct Statement

The cost of the application does not include exam registration fees or membership fees to the CRI Society.

Exam Enrollment

Once accepted, the Charter applicant becomes eligible to enroll in the exam. Detailed enrollment information will be provided upon acceptance. The enrollment fee is $1,150 for members and $2.300 for non-members. Upon enrollment, the candidate will be given access to MBA's learning management system, which houses the exam, study guide, reference materials, and practice tests. Each candidate has 12 months from enrollment to study and pass the examination.

Exam Facts

The exam consists of multiple-choice questions and focuses on the concept of real estate portfolio management theory and capital markets with ethics-based decision making.

Summary of exam topics:

• Capital Market Instruments
• Equity Structures
• Asset Management at the Property and Portfolio Levels
• Management of Asset Classes
• CMF Real Estate Investment Ethics-Based Decision-Making