Calgary, Alberta – Consumers and licensees should be aware of real estate and mortgage brokerage services being offered without a licence in Calgary.
Dreamland Homes, which formerly operated as Nawab Homes, is an unlicensed brokerage operated by two unlicensed individuals: Azher Haleem Chaudhary (Chaudhary) and Syed Hassan-Nawab (Nawab).
In 2017, Nawab Homes was issued a $25,000 administrative penalty by the Real Estate Council of Alberta (RECA) for unauthorized dealing in mortgages. Since then, RECA has received several complaints about continued unlicensed dealings in both mortgages and real estate by Dreamland Homes, Chaudhary, and Nawab. RECA issued a previous public alert about Dreamland Homes on June 30, 2021 after the Residential Real Estate Broker and Mortgage Broker industry councils issued orders under s.10 of the Real Estate Act for Dreamland Homes to cease their unlicensed activity.
On November 19, 2021, RECA’s Registrar issued additional administrative penalties to these same individuals and companies, totaling $225,000 for offering mortgage and real estate services without a licence.
Using licensed brokerages and individual licensees protects consumers under the consumer protection fund in case of fraud or breach of trust. Licensed individuals have the education and accountability necessary to provide competent service to the public, and are required to carry errors and omissions insurance.
Consumers and licensees should verify the licence status of brokerages and individuals on RECA’s website by following these steps:
Chaudhary and Nawab have many aliases in their dealings with consumers and licensees:
Chaudhary is also known as:
Nawab is also known as:
Dreamland Homes is located at 406-4656 Westwinds Drive NE, Calgary.
If you have concerns regarding Dreamland Homes, Nawab Homes, or the individuals mentioned, contact us at email@example.com.