Calgary, Alberta – On June 15, 2023, the Mortgage Broker Industry Council of the Real Estate Council of Alberta (RECA) approved an application by Harsimran Kaur Saini under Section 54 of the Real Estate Act to permanently withdraw their licence, effective immediately.
At the time of their application, Saini was the subject of an investigation under the Real Estate Act. The issue under investigation was providing a fraudulent preapproval mortgage letter regarding a purchase transaction.
As per Section 54 of the Real Estate Act, RECA completed an investigation, made the Industry Council aware of the facts, and the Industry Council accepted the withdrawal.
Under the Real Estate Act, and Rules, the approved withdrawal application results in Saini’s lifetime prohibition as a licensee, effective immediately. Conduct proceedings are also discontinued as required by Section 54.
For more information, please see the approval letter issued by the Chair of the Mortgage Broker Industry Council.