I’m a broker (or candidate/appraiser) and I have added money to my RECA Online account, am I renewed?
No, after adding money to your RECA Online account, you must then process your renewal (and your brokerage’s renewal and renewals for any industry members registered with your brokerage, as the case may be). Simply adding money to your account does not renew you.

What happens if a real estate or mortgage associate/associate broker’s renewal is not processed prior to October 1, 2009?
If an industry member has not been renewed prior to October 1, 2009, that industry member will no longer be authorized to trade in real estate, deal in mortgages or provide real estate appraisal services, as the case may be. Their former broker – or another broker – can register them on a future date provided the individual completes the appropriate application form (Associate/Associate Broker Application for Registration). Note, that if the individual remains unregistered for one year or more, he or she will be required to obtain a Certified Criminal Record Check prior to returning to the industry.

What happens if a broker/brokerage fails to renew prior to October 1, 2009?
In the case of a broker/brokerage, the brokerage must cease operations immediately and complete a closing audit for RECA. Once the brokerage has ceased operations, all individuals who were registered with that brokerage are no longer authorized and must immediately cease trading in real estate or dealing in mortgages as the case may be until such time as they are registered with another brokerage.

What happens if an appraiser/candidate fails to renew prior to October 1, 2009?
If an appraiser/candidate does not renew prior to October 1, 2009, that individual is no longer authorized to provide real estate appraisal services and must immediately cease operations. In order to relicense with RECA, the appraiser/candidate must complete a Real Estate Appraiser/Candidate Licence Application and send it to RECA for processing. RECA will also request that the appraiser/candidate complete a statutory declaration confirming that they have not provided any real estate appraisal services during the period they were not authorized (i.e. from October 1, 2009 until the date on which they re-license with RECA), along with written confirmation from their professional appraisal organization that they remain a member in good standing.

I’m an appraiser/candidate and will not be able to complete the mandatory Re-licensing Education Program course before September 30, 2009. What options do I have?
Appraisers/Candidates that anticipate not completing their education requirements by September 30, 2009 and wish to remain authorized may request an extension of the professional development requirement from the RECA executive director. In order for the executive director to consider the request for extension, the following is required:

• The request must be made in writing and signed by the industry member. It must also state the reason(s) why the industry member was unable to comply with the educational requirement by the September 30, 2009 deadline.
• The industry member must outline a proposed schedule or plan for completing the mandatory course. The plan should state the course that will be taken and the date (must be within 30 days from October 1, 2009).
• A fee of $450.00 payable to the Real Estate Council of Alberta must accompany the letter of request. This fee is in addition to the applicable renewal fee and/or course fee.
• The request should be accompanied by a copy of the industry member’s completed renewal application.
• Industry members may be asked to provide additional information.
• Completing the course within the timeframe approved by the executive director will be imposed as a condition of granting a licence. Failure to comply will result in the cancellation of the industry member’s licence and authorization to carry on the practice of a real estate appraiser.
• Extension applications with payment by Visa or MasterCard may be faxed to the RECA office at 403-228-3065. Please allow a minimum of five days for processing.

I have a “YES” answer in Part C – Information Respecting Suitability on my renewal form. What now?
If you have a “YES” answer in Part C respecting suitability, your broker will not be able to process your renewal using RECA Online. Your completed renewal application form must be forwarded to RECA for processing, along with any documentation related to your “YES” answer. Because it will take RECA time to review your application form and the accompanying documentation, ensure this information is sent to RECA well in advance of the September 30, 2009 renewal deadline in order to avoid an interruption in your authorization.

An industry member registered with my brokerage wants to add/delete or change their also-known-as name, can I process this change along with their renewal using RECA Online?
No. Any change of an also-known-as name must be forwarded to RECA for approval and processing. However, a broker is able to process the industry member’s renewal without changing the also-known-as name and then forwarding the name-change documentation to RECA at a later date.

How can I check if my broker has renewed my registration with RECA?
On October 1, 2009, you can visit www.reca.ca and click on the “Search for An Industry Member” button in the Industry Member section of the website. After clicking on that button, type in your last name in the “Query Licence Status by Last Name” and click on the binoculars. In the results, in the status column, there will be a green light to indicate you are currently registered and authorized to conduct activities for your class of licence. If your name does not appear in the results after you have searched via your last name, then your broker has not renewed your registration and you are not authorized to conduct the business of an industry member for your class of licence. Contact your broker immediately.

NOTE: The same search function is available for candidates and appraisers to confirm they have processed their licence renewal.

 

 

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