Calgary, Alberta – The Real Estate Council of Alberta (RECA) is pleased to announce the selection of Wayne McAlister as Chair of Council and Bill Buterman as Chair Elect.

Mr. McAlister is an associate broker with Re/Max Landan Real Estate in Calgary. He was nominated by the Calgary Real Estate Board and appointed to Council by the Alberta Real Estate Association. Mr. McAlister was appointed to Council in 2007 and began his second three-year term in 2010. He entered the real estate industry in 1978 and went on to become President of the Calgary Real Estate Board in 1995 and President of the Calgary Real Estate Board Charitable Foundation in 2004. In 2005 he received the Calgary Real Estate Board’s T.W.H. Saunders Award for dedication to the real estate industry and the community.

Mr. Buterman is a founding partner of Axcess Capital Advisors and mortgage broker with Axcess Capital Partners in Calgary. He has been a member of Council since November 2009, and was appointed by Council members (excluding the member appointed by the Minister of Service Alberta). He represents industry professionals who are not members of the Alberta Real Estate Association. Mr. Buterman has been directly involved in Alberta’s real estate industry since 1980, and is a past lecturer and course developer in finance, real estate finance and credit at the several universities. More recently, he was a member of RECA’s special subcommittee on Syndicated Mortgages and chair of the Audit committee.

Mr. McAlister and Mr. Buterman will serve in these positions for a one-year term, ending on October 31, 2012.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On October 19, 2011, Tracy Buckler, who was registered as an associate with TMG The Mortgage Group Alberta Ltd. o/a TMG in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with s.54 of the Real Estate Act.

At the time of her application, Ms. Buckler was the subject of conduct proceedings to determine whether she:

• altered documents to facilitate the granting of a mortgage through deceit;
• submitted documents to facilitate the granting of a mortgage through deceit;
• failed to advise the broker of the activities she was performing on behalf of the brokerage;
• failed to provide in a timely manner all original documentation and copies of the original documents to parties;
• intentionally deleted or destroyed brokerage mortgage deal records; and
• failed to notify the broker of concerns from lending institutions.

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Ms. Buckler’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On October 19, 2011, Sukhjinder Dhaliwal, who was most recently registered as an associate with the Mortgage Alliance Company of Canada in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with s.54 of the Real Estate Act.

At the time of her application, Ms. Dhaliwal was the subject of conduct proceedings to determine whether or not she was involved in mortgage transactions where her actions contradicted a signed declaration of due diligence against mortgage fraud.

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Ms. Dhaliwal’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On October 19, 2011, Robert Hughes, who was most recently registered as a real estate associate with Discover Real Estate Ltd. in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with s.54 of the Real Estate Act.

At the time of his application, Mr. Hughes was the subject of conduct proceedings to determine whether or not he had:

• misappropriated monies in relation to a real estate investment;
• failed to provide information and documents during the investigation.

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Mr. Hughes’ application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On October 19, 2011, Walaa Rene Yacoub Loutfi, who was most recently registered as a mortgage broker with West Equity Mortgage Inc. in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with s.54 of the Real Estate Act.

At the time of his application, Mr. Loutfi was the subject of conduct proceedings to determine whether he had misappropriated monies in relation to a mortgage deal.

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Mr. Loufti’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On October 19, 2011, Donna Mah, who was most recently registered as an associate with Mortgage Advantage Inc. in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with s.54 of the Real Estate Act.

At the time of her application, Ms Mah was the subject of conduct proceedings to determine whether or not she:

• masterminded or participated in a scheme to obtain mortgages through deceit;
• supplied documents as part of a mortgage application she knew to be false or misleading to facilitate the issuance of a mortgage through deceit;
• created false or misleading documents to facilitate the granting of a mortgage by deceit;
• participated in fraudulent or unlawful activities in connection with the provision of services or in any dealings;
• made representations or carried on conduct that was reckless or intentional and that mislead or deceived any person(s) or was likely to do so;
• failed to disclose in writing to her client how she was going to be paid for her services;
• failed to make sure that her role in the transaction was clear;
• failed to discuss the role that she would play in the transaction and to discuss and present the applicable agency form in the mortgage transaction;
• failed to provide competent service;
• failed to fulfill her fiduciary obligations to her client and/or the lender;
• failed to practice in strict accordance with the Real Estate Act, Regulations, Rules made pursuant to the Act, Bylaws and any other laws that govern trading in real estate, mortgage transactions or appraisals in Alberta;
• engaged in conduct that undermines public confidence in the industry, harms the integrity of the industry, or brings the industry into disrepute;
• failed to disclose in writing to the parties to the deal in mortgage what steps, if any, were taken to verify the information obtained or supplied by the brokerage to the parties, including information contained in the mortgage application and other representations made by the borrower or lender and the identity of the parties to the deal in mortgage.

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Ms Mah’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On October 19, 2011, Kenneth Moore, who was most recently registered as a broker with Mortgage Advantage Inc. in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with s.54 of the Real Estate Act.

At the time of his application, Mr. Moore was the subject of conduct proceedings to determine whether or not he:

• failed to practice in strict accordance with the Real Estate Act, Regulations, Rules, made pursuant to the Act, bylaws, and any other laws governing trading in real estate, dealing in mortgages, or acting as an appraiser in Alberta;
• engaged in conduct that undermines public confidence in the industry, harms the integrity of the industry or brings the industry into disrepute;
• failed to review all mortgage agreements in a timely manner;
• failed to ensure that all documents and records related to deals in mortgages required under the Act and the Rules were obtained and maintained by the brokerage;
• failed to adequately supervise the activities of a mortgage associate;
• failed to adequately review the brokerage file to ensure compliance with brokerage policies;
• failed to disclose in writing to the parties to the mortgage deal what steps, if any, were taken to verify the information obtained or supplied by the brokerage to the parties, including information contained in the mortgage application and other representations made by the borrower or lender and the identity of the parties to the deal in mortgages.

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Mr. Moore’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On September 1, 2011, pursuant to s.38.1(1)(c) of the Real Estate Act Rules, the Executive Director of the Real Estate Council of Alberta suspended the licence of Gregory Brodeur, a mortgage broker, and Larry Zachow, a mortgage associate, both of whom were registered with Asset Capital Mortgage Corporation in Edmonton. On September 6, 2011, pursuant to s.35(2)(c) of the Real Estate Act Rules, the Executive Director of the Real Estate Council of Alberta suspended the licence of Asset Capital Mortgage Corporation, a mortgage brokerage.

Asset Capital Mortgage Corporation, Gregory Brodeur and Larry Zachow must immediately cease holding themselves out as authorized mortgage brokers in Alberta. Any borrowers or lenders that have dealt with Gregory Brodeur and/or Larry Zachow since September 1, 2011 are asked to call RECA at 1-888-425-2754.

Consumers are reminded to ensure they are working with authorized mortgage brokerages and brokers. When dealing with unauthorized individuals or companies, consumers do not have the protection of the Real Estate Assurance Fund nor of the errors and omissions insurance coverage that all authorized Alberta mortgage brokerages require.

To confirm the licensing status of a brokerage or individual, please use the “Search for an Industry Member” function on the RECA website at www.www.reca.ca or contact RECA toll-free at 1-888-425-2754.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On September 6, 2011, pursuant to s.35(2)(c) of the Real Estate Act Rules, the Executive Director of the Real Estate Council of Alberta suspended the licence of Asset Capital Mortgage Corporation, mortgage brokerage, operating in Edmonton. The suspension of the mortgage brokerage resulted when its broker was unable to perform the duties and responsibilities of a broker as outlined in the Real Estate Act Rules.

As a result of this suspension, Asset Capital Mortgage Corporation may not deal in mortgages as a mortgage brokerage in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On September 1, 2011, pursuant to s.38.1(1)(c) of the Real Estate Act Rules, the Executive Director of the Real Estate Council of Alberta suspended the licence of Gregory Brodeur, a broker registered with Asset Capital Mortgage Corporation operating in Edmonton. The suspension resulted from Gregory Brodeur’s failure to pay or make satisfactory arrangements to pay an outstanding administrative penalty.

As a result of this suspension, Gregory Brodeur may not deal in mortgages as a mortgage broker in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On September 1, 2011, pursuant to s.38.1(1)(c) of the Rules made pursuant to the Real Estate Act, the Executive Director of the Real Estate Council of Alberta suspended the licence of Larry Zachow, a mortgage associate, registered with Asset Capital Mortgage Corporation operating in Edmonton. The suspension resulted from Larry Zachow’s failure to pay or make satisfactory arrangements to pay an outstanding administrative penalty.

As a result of this suspension, Larry Zachow may not deal in mortgages as a mortgage associate in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On July 5, 2011, David Andrewsky, who most recently was registered as a real estate broker with Century 21 Country Real Estate (1995) Ltd. in Fairview, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with section 54 of the Real Estate Act. Mr. Andrewsky’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

At the time of his withdrawal application Mr. Andrewsky was the subject of a disciplinary proceeding which, by virtue of the approved withdrawal application, is discontinued. Mr. Andrewsky’s withdrawal application does not constitute an admission of misconduct.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On July 5, 2011 Chris Gus Courelias, who most recently was registered as a real estate associate with Re/Max Real Estate (Edmonton) Ltd. o/a Re/Max Real Estate in Edmonton, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with section 54 of the Real Estate Act. Mr. Courelias’ application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

At the time of his withdrawal application Mr. Courelias was the subject of a disciplinary proceeding which, by virtue of the approved withdrawal application, is discontinued. Mr. Courelias’ withdrawal application does not constitute an admission of misconduct.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On July 5, 2011 Gurinderjit (Bobby) Singh Johal, who most recently was registered as a mortgage associate with Walk In Approval Centre Inc. o/a Mortgage Alliance Walk In Centre in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with section 54 of the Real Estate Act. Mr. Johal’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

At the time of his withdrawal application Mr. Johal was the subject of a disciplinary proceeding which, by virtue of the approved withdrawal application, is discontinued. Mr. Johal’s withdrawal application does not constitute an admission of misconduct.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On July 5, 2011, Susan Sparrow, who most recently was registered as a real estate associate with Coldwell Banker Battle River Realty in Camrose, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with section 54 of the Real Estate Act.Ms Sparrow’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

At the time of her withdrawal application Ms Sparrow was the subject of a serious investigation which, by virtue of the approved withdrawal application, is discontinued. Ms Sparrow’s withdrawal application does not constitute an admission of misconduct.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On June 27, 2011, the Real Estate Council of Alberta suspended the authorization of Tanveer Taj, real estate associate and mortgage associate. The suspension is in accordance with s.38(4.2) of the Real Estate Act and occurred as a result of Tanveer Taj’s refusal to cooperate with a person conducting an investigation. As a result of this suspension, Tanveer Taj cannot trade in real estate or deal in mortgages in Alberta at this time.

Note: On March 19, 2018, Mr. Taj became eligible to reapply for a licence to trade in real estate after the Executive Director became satisfied that he has complied with all oustanding requests.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – Beginning September 1, 2011, all Alberta mortgage brokerages will be required to have insurance against liability for errors and omissions, and additional coverage for loss resulting from fraudulent acts in the carrying on of the business of a mortgage broker.

“Real estate professionals in Alberta have always been required to carry errors and omissions insurance and fraud coverage and now that this coverage has been extended to mortgage professionals, consumers will enjoy an enhanced level of protection,” says Robert Telford, Chair of the Real Estate Council of Alberta (RECA), which is responsible for the regulation of Alberta mortgage brokerage professionals. Real estate appraisers in Alberta are also required to carry errors and omissions insurance.

Alberta mortgage brokerages will be required to have a minimum coverage of $500,000 for a single occurrence and $1,000,000 for all occurrences in a 365-day period for both the liability insurance and the fraud coverage. RECA will not authorize an entity as an Alberta mortgage brokerage without proof of errors and omissions insurance, and an additional fraud endorsement from an approved insurer.

RECA’s errors and omissions program for mortgage brokerages is the result of extensive industry consultation. Seventy-four percent of mortgage broker respondents to a RECA survey indicated support for mandatory E & O insurance for Alberta mortgage brokerages, and both the Alberta Mortgage Brokers Association and the Canadian Association of Accredited Mortgage Professionals indicated their support for the E&O requirements.

“The harmonization of mortgage brokerage requirements across Canada is a huge step forward for our industry,” says Telford. “The implementation of mandatory E&O insurance in Alberta will facilitate inter-provincial free trade agreements and assist brokerages with operations in multiple jurisdictions.”

Further strengthening the consumer protection aspects of the errors and omissions requirement is that RECA itself must first approve an insurer before the insurer is able to provide errors and omissions insurance to Alberta mortgage brokerages. All insurers wishing to be approved as providers must enter into an agreement with RECA through which they agree to abide by RECA’s Errors and Omissions Insurance Guidelines. This ensures that insurance being provided to Alberta mortgage brokerages will provide an appropriate amount of protection for Alberta consumers and protection for industry professionals as a result of any fraud claims.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On May 4, 2011, Keith Bryan Westergaard, mortgage broker registered with Westergaard Investments Corporation, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership, in accordance with section 54 of the Real Estate Act (REA).

At the time of his application, Mr. Westergaard was the subject of conduct proceedings to determine whether he had:

• Failed to notify RECA of various court orders, judgments or disciplinary action in accordance with s.15 and s.40 of the Real Estate Act Rules.
• Made misleading representations on licensing applications contrary to s.4(d) of the Code of Conduct (as it was then).

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Mr. Westergaard’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On May 4, 2011, James Edward Radchenko, real estate associate currently unregistered but most recently registered with Excellence Real Estate Edmonton Ltd. o/a Re/Max Excellence, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership, in accordance with section 54 of the Real Estate Act (REA).

At the time of his application, Mr. Radchenko was the subject of conduct proceedings to determine whether he had participated in unauthorized activity and trading outside of the brokerage with which he was registered. Mr. Radchenko was suspended on March 22, 2011 pursuant to s.38 (4.2) of the Real Estate Actfor failing to cooperate with RECA investigations.

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued. Mr. Radchenko’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On April 7, 2011, pursuant to section 38(4.2) of the Real Estate Act, the Executive Director of the Real Estate Council of Alberta suspended the authorization of Rajwant Kaur Banwait, who was not registered with an Alberta mortgage brokerage at the time of the suspension.

As a result of this suspension, Rajwant Kaur Banwait may not deal in mortgages in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On March 25, 2011, a Hearing Panel of the Real Estate Council of Alberta ordered Shafik Shivji to pay a fine of $12,000 and costs in the amount of $9,592. Additionally, the order states Mr. Shivji is not eligible to apply for authorization as a real estate associate, mortgage broker or appraiser for a period of three years, and that before returning to the industry, he must complete the Real Estate Associates Program, pass the provincial qualifying exam and meet any other licensing requirements in place at the time.

Mr. Shivji was formerly a real estate associate registered with Calgary Independent Realty Ltd. o/a C.I.R. and then with Signet Real Estate Ltd. o/a Signet Commercial, and formerly a mortgage broker registered with Gecko Mortgage Capital Corp.

The Hearing Panel found Mr. Shivji contravened the Code of Conduct and Real Estate Act when he failed to co-operate with, and provide any information requested to, a person appointed under the Real Estate Act to conduct an investigation.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On April 1, 2011, pursuant to section 38(4.2) of the Real Estate Act, the Executive Director of the Real Estate Council of Alberta suspended the authorization of Waltraut Agnes Kowaliuk, who was not registered with an Alberta real estate brokerage at the time of the suspension.

As a result of this suspension, Waltraut Agnes Kowaliuk may not trade in real estate in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On January 26, 2011, Lynn Marcel Notschaele, mortgage associate, most recently registered to Caplink Financial Corporation, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership, in accordance with section 54 of the Real Estate Act (REA).

At the time of his application, Mr. Notschaele was the subject of conduct proceedings to determine whether he:

• Made representations or carried on conduct that was reckless or intentional and that misled or deceived any person or was likely to do so [s.42(a) of the REA Rules]
• Discouraged a client, customer or a party to a trade in real estate or deal in mortgages from seeking legal counsel or expert advice [s.42(d) of the REARules]
• Engaged in conduct that undermines public confidence in the industry, harms the integrity of the industry, or brings the industry into disrepute [s.42(g) of the REA Rules]

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued.  Mr. Notschaele’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On January 26, 2011, Douglas Arnott, real estate associate, most recently registered to Colliers International Inc. o/a Colliers International, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership, in accordance with section 54 of the Real Estate Act (REA).

At the time of his application, Mr. Arnott was the subject of conduct proceedings to determine whether he

• Failed to act honestly [s.41(a) of the REA Rules]
• Failed to act in his clients’ best interest [s.41(b) of the REA Rules]
• Participated in fraudulent or unlawful activities in connection with the provision of services or in any dealings [s.42(b) of the REA Rules]
• Engaged in conduct that undermines public confidence in the industry, harms the integrity of the industry, or brings the industry into disrepute [s.42(g) of the REA Rules]

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three, conduct proceedings are discontinued.  Mr. Arnott’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – The Real Estate Act Rules require a brokerage to immediately notify the Executive Director in writing when certain aspects of the brokerage are amended, such as:

• A change of broker
• Trust account changes
• A change in the address of the registered business address
• The corporate or partnership structure has changed
• A change in contact information for the brokerage
• The brokerage name has changed

RECA recently amended this notification process for brokerages. Please visit the link below for further information on this process. Contact an Information Officer at info@www.reca.ca if you have any questions or comments about these changes.

Calgary, Alberta – On, January 14, 2011, the Real Estate Council of Alberta suspended the authorization of Colin Darrow, currently registered as a real estate associate with Maxwell Westview Realty in Calgary. The suspension is in accordance with s. 38(4.2) of the Real Estate Act and occurred due to Mr. Darrow’s refusal to cooperate with a person conducting an investigation.

As a result of this suspension, Colin Darrow may not trade in real estate in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On January 10, 2011, pursuant to Section 38.1 of the Real Estate Act Rules,the Executive Director of the Real Estate Council of Alberta suspended the licence of Samuel Awlachew, real estate associate registered with Re/Max Elite of Edmonton. The licence suspension resulted from Samuel Awlachew’s failure to comply with a condition attached to his license. As a result of this suspension Samuel Awlachew may not trade in real estate in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.

Calgary, Alberta – On January 4, 2011, pursuant to s. 35(2)(b) or (c) of the Real Estate Act Rules, the executive director of the Real Estate Council of Alberta cancelled the brokerage license of Centum Your Choice Mortgages Ltd. because no broker was operating the brokerage.
As a result of this license cancellation, Centum Your Choice Mortgages Ltd. no longer deals in mortgages as a mortgage brokerage in Alberta.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.