On, October 30, 2019, the Real Estate Amendment Act 2019 went into effect, dismissing Council and giving the Minister of Service Alberta the ability to appoint an Administrator to manage the affairs of RECA.

Duane Monea was appointed as RECA Administrator—effective November 8, 2019—and manages the affairs of RECA in place of a Council.

On December 1, 2020, the Real Estate Amendment Act 2020 came into force, creating a new governance model for RECA, including a Board of Directors and four industry-specific Industry Councils.

RECA continues to perform its core regulatory functions, including licensing, education, investigations, and practice reviews.

RECA Board of Directors

The Board of Directors is composed of three members of the public appointed by the Minister of Service Alberta, and four licensees, one appointed from each of the four Industry Councils from among their members. The purposes of the Board are to set the strategic direction and ensure the effective operation of Council, to protect against, investigate, detect and suppress fraud as it relates to the business of licensees and to protect consumers, to provide, or support the provision of, services and other things that facilitate the business of licensees, as provided for in the Real Estate Act Regulations, and to administer the Real Estate Act, the Regulations, the Bylaws, and the Rules. An administrative staff, led by the executive director, assists council in fulfilling its duties.

Board members are appointed for 3-year terms, and can serve 2 terms consecutively. Section 6 of the Real Estate Act outlines the composition of the Board.

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