October 9, 2019 – Real Estate Amendment Act, Bill 15

Calgary, AB – On October 9, 2019, the Honourable Nate Glubish, Minister of Service Alberta, introduced Bill 15, the Real Estate Amendment Act, 2019, in the Alberta Legislature.

These amendments give the Minister the power to:

  • Dismiss the current council members
  • Enable the Minister of Service Alberta to appoint an official administrator to manage Real Estate Council of Alberta (RECA)’s affairs and continue its functions, such as hearing and appeals processes
  • Enable the transition to a new council

“We welcome the amendments and look forward to working with the Minister and the Administrator to ensure compliance,” said Rob Telford, RECA’s Chair of Council. “As the independent governing authority for Alberta’s real estate industry, consumer protection is at the core of our mandate, and RECA will continue to operate under that mandate moving forward. Core operations at RECA are not affected by these amendments.”

“RECA remains fully committed to transparency and openness,” added Telford, “and we thank the Government of Alberta for working with us to ensure the ongoing integrity of the industry and protection of consumers.”

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