Transaction Brokerage - Parties do not Agree

If either party declines to enter into a transaction brokerage agreement, the parties have a number of options to resolve the representational conflict.

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MESSAGE FROM COUNCIL

RALPH SALOMONS, CHAIR

Council chair highlights financial planning for the coming year.

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Case Study: Licence Cancelled
for False Affidavit

A Real Estate Council of Alberta (RECA) Appeal Panel recently affirmed a decision of the executive director and the importance and requirement to swear a truthful affidavit when applying to become an industry member or when renewing your authorization.

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Property Managers: Report Trust Account Information Online

Property managers can now report trust account information online.

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Update on the Regulation of Dealing in Syndicated Mortgages

Over the past year, the Real Estate Council of Alberta has worked extensively with the mortgage brokerage industry to develop a regulatory framework for licensed mortgage brokers who deal in syndicated mortgages.

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Brokers Give High Marks to RECA's Compliance Audit Program

A survey of over 150 brokers during the past 12 months demonstrates the success of the Real Estate Council of Alberta’s (RECA) compliance audit program.

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Licence Cancellations

Recent licence cancellations pursuant to s.38 of the Real Estate Act Rules.

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Licence Suspensions

Recent industry member licence suspensions.

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case summaries

Case summaries are published in accordance with section 55 of the Real Estate Act. Decisions are publicized to enhance the transparency of RECA’s disciplinary process and to assure consumers there is an effective framework in place to deal with breaches of the Real Estate Act.

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