Resolution 2003-1 of the Real Estate Council of Alberta
WHEREAS by Rule 5 under the Real Estate Act, R.S.A. 2000 Chapter R-5, the Real Estate Council of Alberta (the “Council”) may prescribe, adopt or approve
a. educational requirements or other qualifications, if any, for any category of licence; and
b. examinations for any category of licence and the passing grade of any examination.
THEREFORE BE IT RESOLVED THAT:
Resolution 960015 is repealed.
The Council hereby approves the following policy for education and examination requirements for a real estate agent licence:
(1) Terms that are defined in the Real Estate Act and Rules have the same meaning when they are used in this Policy.
(2) A person who wishes to obtain a real estate agent’s licence must fulfill the education requirements of the Real Estate Agents’ Program and pass the Provincial Qualifying Examination for real estate agents.
(3) To be eligible for entry into the Real Estate Agents’ Program, an individual must:
(a) hold a High School Diploma in Canada, or an equivalency approved by the Executive Director; and,
(b) complete an industry overview course approved by the Executive Director and obtain a grade of 70% or higher.
(4) The Executive Director shall have the responsibility for approving the course content, course outline, course objectives and lesson plans consisting of a set of topics and the amount of time allocated to each topic for the Real Estate Agents’ Program.
(5) By Resolution dated July 9, 1996, the Council delegated to the Executive Director the responsibility for approving the Provincial Qualifying Examination for agents and the passing grade for this examination.
(6) The Executive Director may grant an exemption:
(a) from the Real Estate Agents’ Program and the Provincial Qualifying Examination in accordance with Section 5 of the Rules, or
(b) from the Real Estate Agents’ Program if, in the opinion of the Executive Director, a candidate has already taken an equivalent educational program.
(8) The Executive Director shall issue a Certificate of Completion to candidates who successfully complete the Real Estate Agents’ Program.
(9) The Real Estate Agents’ Program may be taught through either a classroom delivery program or a distance delivery program (which may include a classroom component) approved by the Executive Director.
(10) To be eligible for a Certificate of Completion, candidates must attend at least 90% of the classes in the Real Estate Agents’ Program or meet the attendance requirements of the education institution delivering this course, whichever is greater.
(11) To be eligible for a Certificate of Completion in the distance delivery program, candidates must complete all assignments in the Real Estate Agent’s Program and obtain a grade of 70% or higher.
(12) The Executive Director shall issue a Permission to Write the Provincial Qualifying Examination to candidates who have qualified for a Certificate of Completion for the Real Estate Agents’ Program.
(13) Candidates must present their Permission to Write and an acceptable picture identification to obtain entrance to the Provincial Qualifying Examination.
(14) (a) Candidates who fail to obtain a passing grade on the Provincial Qualifying Examination may re-write this examination one more time upon payment of the prescribed fee.
(b) The Executive Director shall issue a Permission to Re-Write to candidates who wish to re-write and have paid the prescribed fee.
(15) A Permission to Write is valid for one year from the date of issue, and a Permission to Re‑Write is valid for sixty days from the date of issue.
(16) Candidates who fail to obtain a grade of 70% or higher on the Provincial Qualifying Examination on two attempts are required to re-register and complete the course requirements of the Real Estate Agents’ Program before they can re-write the Provincial Qualifying Examination again.
(17) Refund of course fees for failing to complete the Real Estate Agents’ Program is at the discretion of the educational institution delivering this course.
(18)The prescribed fee to re-write the Provincial Qualifying Examination is $50.00.
(19)(a) With an exemption from the Real Estate Agents’ Program, the fee for writing the
Provincial Qualifying Examination and course materials is $300.00.
(b) With an exemption from the Real Estate Agent’s Program and without course materials, the fee for writing the Provincial Qualifying Examination in $100.00.,
(20) This Resolution comes into effect on October 1, 2003, with the exception of clause 3(b) which comes into effect on October 1, 2004.
Dated at Edmonton, Alberta, on the 19th day of March 2003.
