CES^® CERTIFICATION COUNCIL

The Federation of Exchange Accommodators, Inc. (FEA) has established a Certification Council comprised of a panel of 16 experts that represent the geographic, size and type of the FEA membership. The Council developed the eligibility requirements and examination materials. The panel defined the body of knowledge from IRC §1031 rules and regulations and determined the content areas appropriate for the examination. The content of the examination is based on this body of knowledge.

The examination questions are written by exchange specialists and reviewed by a panel of experts prior to being selected for the examination. After the examination, the questions are analyzed statistically to identify any hidden flaws. Questions that appear to be flawed are discussed by the Certification Council to determine if they should be deleted from scoring entirely or if credit should be given for more than one answer.

The Council members serve one-year terms that begin in late September or early October. There is no limit on the number of terms a Council member may serve however; there are participation levels that must be met in order to serve. Full and active participation is defined as follows:

• Timely completion of all assignments given by the Executive Director of the FEA, the Council co-chairs or a subcommittee leader;
• Communication with co-chairs if extended leave is necessary;
• Participation in monthly scheduled conference calls;
• Completion of all item writing assignments and submission of well thought out, usable items;
• Participation in all item writing reviews;
• Active participation in at least one Council sub-committee (Continuing Education, Marketing/PR, Financial, Application Review, Examination Administration, Council Recruitment, Review or Executive) including completion of all assignments and participation in conference calls associated with the sub-committee; and
• If unable to participate in scheduled monthly conference calls or sub-committee conference calls, notification must be made to one of the Council co-chairs or the subcommittee chair and the Council member is responsible for the completion of any assignments given.

The average time commitment per week is approximately three (3) to five (5) hours.

All Council members are required to sign two (2) agreements which generally provide:

1. Confidentiality Statement
   Agree not to disclose examination content, the names of those candidates that have applied or taken the exam or any other sensitive matters.
2. Property of FEA
   Any work you complete (examination questions, brochures, etc.) for FEA or the CES® Program is the property of FEA.
3. Seminars, Exam Prep Guides, etc.
   Cannot prepare any non-FEA or Certification Council authorized seminars or study guides to help candidates prepare for the exam until one year after your term ends.

A Certification Council member may not use their position on the Council to market themselves or their company to potential clients or referral sources as being a better choice to provide exchange expertise.

ELIGIBILITY TO SERVE ON CERTIFICATION COUNCIL

To serve on the Council, you must be a CES® Designee and have a cumulative of five full-time years of experience facilitating exchanges. Once the number of vacancies is determined for each term, all CES® Designees will be notified and provided with the opportunity to apply.