Calgary, Alberta – On June 7, 2018, the Chair of the Real Estate Council of Alberta (RECA) suspended Cassandra Lynn Munday, real estate broker of Initiative Property Management Corporation in Airdrie.
RECA determined it is in the public interest to temporarily suspend Ms. Munday. The suspension will continue until the conclusion of RECA disciplinary proceedings against her.
As a result of the suspension, Ms. Munday may not trade in real estate or provide property management services in Alberta at this time.
Initiative Property Management Corporation is no longer authorized as a real estate brokerage in Alberta and cannot provide real estate or property management services.
The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for governing real estate, mortgage broker, property management, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA’s mandate is to protect consumers and to provide services that enhance and improve the industry and the business of industry professionals.