Specializing in Reserve Fund Studies
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Meet our NLD Consulting Reserve Fund Study Team

“Qualified Person” Section 51.1(d) of the Saskatchewan Condominium Property Regulations

Our team of reserve fund study consultants all meet the “qualified person” meaning as set out in the Regulation, and follow reserve fund study best practices.

Senior Partners / Team Leaders - Curriculum Vitae

Michael LaPorte, CRP, PRA, AACI, P. App.

  • CRP - Certified Reserve Planner – Real Estate Institute of Canada (REIC)
  • PRA - Professional Reserve Analyst, Association of Professional Reserve Analysts (APRA)
  • AACI – Accredited Appraiser of the Canadian Institute (AIC)
  • P.App. – Professional Appraiser (AIC)
Michael LaPorte

Michael’s experience in the field of Real Estate Consulting since 1989 includes residential condominium & strata development, construction, and condo/strata renovation, preparation of reserve fund studies and depreciation reports, construction costing and valuation specific to condo/strata developments, as well as experience at the Board level on condo/strata budgeting on various boards/councils. Michael completes and reviews Depreciation Reports and Reserve Fund Studies using the REIC Functional Reserve Fund Format, and additionally follows the standards of the world’s trade organization for reserve study professionals, the Association of Professional Reserve Analysts (APRA). Michael has provided Reserve Fund Studies, Depreciation Reports and Replacement Cost Appraisals for many of the most prominent residential/mixed use towers in Canada, as well as low rise and townhome condo/strata residential developments and commercial/industrial developments. Michael has served on the Board of Directors for the Vancouver Chapter, Real Estate Institute of Canada (REIC) since 2013, and is the current Vice President / President Elect for 2014/2015.

Terry Dowle, AACI, P.App., RI, CRP

  • AACI – Accredited Appraiser of the Canadian Institute (AIC)
  • P.App. – Professional Appraiser (AIC)
  • RI – Real Estate Institute of British Columbia (RIBC)
  • CRP - Certified Reserve Planner – Real Estate Institute of Canada (REIC)
Terry Dowle

Terry Dowle has been a member of the Appraisal Institute of Canada (AIC) since 1989. Terry is an active member in the profession working as a real estate consultant and mentor. Terry holds the AACI, P.App. designation issued by the AIC. In addition he maintains the RI designation as issued by the Real Estate Institute of British Columbia. He was one of the first in BC to earn the Certified Reserve Planner (CRP) designation issued by the Real Estate Institute of Canada. He is a founding partner in Niemi LaPorte & Dowle Appraisals Ltd. Niemi LaPorte & Dowle Whistler Appraisal Group Ltd. and NLD Consulting. Terry also holds a Broker’s license as issued by the Real Estate Council of BC, and he is a member of the Real Estate Board of Greater Vancouver.

His primary focus is in Commercial Valuation and Consulting as well as preparation of Depreciation Reports.

In addition to acting as a Real Estate Consultant and management duties at the NLD group of companies, Terry is an active volunteer with many professional organizations and committees. Since 2000, he has served on the BC-AIC Vancouver Chapter Directorship; holding Executive roles as Chapter Secretary and Chapter Chair. In 2013 he was elected to the BC-AIC Provincial Board of Directors; holding the portfolio of Recruitment and Retention and more recently Professional Development. He has maintained the BC -AIC portfolio of Recruitment & Retention, and contributed to the establishment of the BC-AIC Strategic Plan. As well as served as the Admissions Chair. Presently he is managing the BC-AIC Professional Development Charter.

Terry has sat on the BC-AIC’s Provincial Board of Examiners since 2001, where he has been an active interviewer of AIC members perusing their professional designations.

Terry was a founding member on the CRP Task Force established by the REIC to further the recognition and professionalism of the Certified Reserve Planner designation. He chaired the Education and Experience charter for 3 years.

Terry has helped to develop the “Understanding Depreciation Reports for Realtors®” course through collaboration with the Real Estate Board of Greater Vancouver and the Real Estate Council. He is one of two presenters of the course as sanctioned by the Real Estate Board of Greater Vancouver.

In addition, Terry has been an active member in the Community, having sat on the Richmond City Baseball Associations volunteer board for 4 years. He was a signing member on the merger of two competitive organizations and served as Sponsorship Chair. He has also sat on the Richmond FC Board of directors.

Douglas A. Niemi, CRP, CRA

  • CRP - Certified Reserve Planner – Real Estate Institute of Canada (REIC)
  • CRA – Canadian Residential Appraiser (AIC)
Douglas A. Niemi

Doug has been involved in the Real Estate Consulting industry since 1989. His experience includes residential condo/strata development, construction, and renovation, as well as experience at the Board level on various boards/councils. Doug completes and reviews Depreciation Reports and Reserve Fund Studies using the REIC Functional Reserve Fund Format, and he provides Replacement Cost Appraisals for condo/strata corporations. His reserve fund planning and replacement cost appraisal experience includes reports conducted on many of the most prominent residential/mixed use towers in Canada, as well as low rise and townhome condo/strata residential developments and commercial/industrial developments.

Additional Qualified Reserve Fund Study Team Members

Cameron Dowle, BASc.

Cameron obtained his Engineering degree, with a focus on Mining Engineering, from Queens University in April 2016. He has worked with NLD Consulting as an Assistant Reserve Fund Consultant for the past 3 years. He has additional experience in Construction Landscaping. He has a strong understanding of building science, takeoff estimating and cost analysis. In his spare time he enjoys hiking, camping, weightlifting and staying active. He has been an active volunteer in his community.

Rex Cheng, CRP, AACI, P. App, RI

  • CRP - Certified Reserve Planner – Real Estate Institute of Canada (REIC)
  • AACI – Accredited Appraiser of the Canadian Institute (AIC)
  • P.App. – Professional Appraiser (AIC)
  • RI – Real Estate Institute of British Columbia (RIBC)

Greg Ho, AACI, P. App.

  • AACI – Accredited Appraiser of the Canadian Institute (AIC)
  • P.App. – Professional Appraiser (AIC)

Jagmohan (Jag) Turna, CRP, CRA

  • CRP - Certified Reserve Planner – Real Estate Institute of Canada (REIC)
  • CRA – Canadian Residential Appraiser (AIC)

Ali Barani, CRA

  • CRA – Canadian Residential Appraiser (AIC)

Jon Fenn, CRP, BCom

  • CRP - Certified Reserve Planner – Real Estate Institute of Canada (REIC)

Cynthia Eng, B.Com., B.A.S.

  • B.A.S. Bachelor of Architectural Studies, Honours – University of Waterloo(BAS)

Additionally, each active team member carries E&O professional liability insurance, as required by the Saskatchewan Condominium Property Regulations.

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