Exhibit 2 Proposed Revisions to Statement of Policies Note: Deletions are noted with strikethroughs, additions are noted with underlines Background: 1. To streamline committee activities the chair and vice chair will review and approve the applications on an ongoing basis. This will allow the awards to be bestowed on an ongoing basis and will maximize the exposure of this program. 2. Housekeeping change since IREMFIRST no longer exists. 3. The same policy changes are reflected below for the CPM®, ARM®, and ACoM Memberships. Article II. Membership Section 1. CERTIFIED PROPERTY MANAGER Program Section 1.13 Requirements to Earn the IREM Professional Achievement Award The professional achievement award is a recognized achievement award conferred to IREM Members who have made outstanding professional accomplishments beyond earning their IREM credential demonstrated by meeting the following requirements upon application 1.13.1 Submit a Professional Achievement Award application with the non-refundable application processing fee. 1.13.2 Be a current practitioner and hold an IREM credential (CPM, ARM, or ACoM) for a minimum of seven (7) years. 1.13.3 Be endorsed by the local IREM chapter. 1.13.4 Be approved by the chair and vice chair of the membership and credentialing committee. 1.13.5 Fulfill seven of the thirteen twelve following criteria with narrative explanations: (a) Taught an approved IREM courses or seminar. (b) Written, have been a contributing author, or participated in a review team for an IREM® produced publication. (c) Facilitated an IREM webinar. (d) Had published at least three bylined articles in JPM or other industry periodical. (e) Held local chapter positions as president, president-elect, vice president, secretary, treasurer, or committee chair for at least three years. (f) Held national positions as president, president-elect, secretary/treasurer, senior vice president, regional vice president, committee or board chair, committee vice chair, or elected governing councillor for at least three years. (g) Written and developed or presented a seminar or course sponsored by IREM, other real estate associations, or other educational or corporate institutions. (h) Attended education courses, seminars, or webinars sponsored by IREM, other real estate associations, or other educational or corporate institutions totaling a minimum of 10 hours. (i) Been a featured speaker or panelist for an education session during one of IREM's chapter, regional, or national meetings. (j) Earned 100 points on IREMFIRST by participating and contributing to the site. (k) Been involved in other professional organizations or community service activities for a minimum of three (3) years. Exhibit 2 (l) Achieved a five-star chapter status when serving as a chapter president. (m) Served as the Executive CPM of an AMO Firm for a minimum of five (5) years. Article II. Membership Section 2. ACCREDITED RESIDENTIAL MANAGER Program Section 2.10 Requirements to Earn the IREM Professional Achievement Award The professional achievement award is a recognized achievement award conferred to IREM Members who have made outstanding professional accomplishments beyond earning their IREM credential demonstrated by meeting the following requirements upon application 2.10.1 Submit a Professional Achievement Award application with the non-refundable application processing fee. 2.10.2 Be a current practitioner and hold an IREM credential (CPM, ARM, or ACoM) for a minimum of seven (7) years. 2.10.3 Be endorsed by the local IREM Chapter. 2.10.4 Be approved by the chair and vice chair of the membership and credentialing committee. 2.10.5 Fulfill seven of the thirteen twelve following criteria with narrative explanations: (a) Taught an approved IREM courses or seminar. (b) Written, have been a contributing author, or participated in a review team for an IREM® produced publication. (c) Facilitated an IREM webinar. (d) Had published at least three bylined articles in JPM or other industry periodical (e) Held local chapter positions as president, president-elect, vice president, secretary, treasurer, or committee chair for at least three years. (f) Held national positions as president, president-elect, secretary/treasurer, senior vice president, regional vice president, committee or board chair, committee vice chair, or elected governing councillor for at least three years. (g) Written and developed or presented a seminar or course sponsored by IREM, other real estate associations, or other educational or corporate institutions. (h) Attended education courses, seminars, or webinars sponsored by IREM, other real estate associations, or other educational or corporate institutions totaling a minimum of 10 hours. (i) Been a featured speaker or panelist for an education session during one of IREM's chapter, regional, or national meetings. (j) Earned 100 points on IREMFIRST by participating and contributing to the site. (k) Been involved in other professional organizations or community service activities for a minimum of three (3) years. (l) Achieved a five-star chapter status when serving as chapter president. (m) Served as the Executive CPM of an AMO Firm for a minimum of five (5) years. Exhibit 2 Article II. Membership Section 7. ACCREDITED COMMERCIAL MANAGER Program Section 7.8 Requirements to Earn the IREM Professional Achievement Award The professional achievement award is a recognized achievement award conferred to IREM Members who have made outstanding professional accomplishments beyond earning their IREM credential demonstrated by meeting the following requirements upon application 7.8.1 Submit a Professional Achievement Award application with the non-refundable application processing fee. 7.8.2 Be a current practitioner and hold an IREM credential (CPM, ARM, or ACoM) for a minimum of seven (7) years. 7.8.3 Be endorsed by the local IREM Chapter. 7.8.4 Be approved by the chair and vice chair of the membership and credentialing committee. 7.8.5 Fulfill seven of the thirteen twelve following criteria with narrative explanations: (a) Taught an approved IREM courses or seminar. (b) Written, have been a contributing author, or participated in a review team for an IREM® produced publication. (c) Facilitated an IREM webinar. (d) Had published at least three bylined articles in JPM or other industry periodical. (e) Held local chapter positions as president, president-elect, vice president, secretary, treasurer, or committee chair for at least three years. (f) Held national positions as president, president-elect, secretary/treasurer, senior vice president, regional vice president, committee or board chair, committee vice chair, or elected governing councillor for at least three years. (g) Written and developed or presented a seminar or course sponsored by IREM, other real estate associations, or other educational or corporate institutions. (h) Attended education courses, seminars, or webinars sponsored by IREM, other real estate associations, or other educational or corporate institutions totaling a minimum of 10 hours. (i) Been a featured speaker or panelist for an education session during one of IREM's chapter, regional, or national meetings. (j) Earned 100 points on IREMFIRST by participating and contributing to the site. (k) Been involved in other professional organizations or community service activities for a minimum of three (3) years. (l) Achieved a five-star chapter status when serving as a chapter president. (m) Served as the Executive CPM of an AMO Firm for a minimum of five (5) years.