Resolution 2007-6 of the Real Estate Council of Alberta
Section 12 of the Real Estate Act, confirms the Real Estate Council of Alberta (the “Council”) has the authority to make rules prescribing or adopting standards of conduct and business standards for industry members;
Council passed the following motion on May 23, 2007:
Effective March 1, 2008, in order for a real estate brokerage to practice designated agency, all industry members registered with the brokerage must have the required education; however, the Executive Director may grant an exemption from this requirement based on extenuating circumstances, e.g. illness, extended vacation, etc. or to facilitate the transfer of an industry member from a non-designated agency brokerage.
Dated at Calgary this 1 day of March 2008.