January 23, 2019 – Suneet Kumar Sharma: Lifetime Withdrawal from Industry

Calgary, Alberta – On January 23, 2019, Suneet Kumar Sharma, previously a real estate broker in Calgary, applied to permanently withdraw from industry membership.

At the time of his application, Mr. Sharma was the subject of an investigation under the Real Estate Act. The issues under investigation were whether Mr. Sharma:

  • made misrepresentations to clients and third parties
  • participated in a fraud scheme
  • participated in fraudulent or unlawful activities

At the time of Mr. Sharma’s withdrawal from industry, an investigation was complete and the case was ready to proceed to a hearing.

The Real Estate Council of Alberta approved Mr. Sharma’s application to withdraw, and this results in a voluntary lifetime prohibition from industry membership; conduct proceedings are now discontinued.

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

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