Warren Burnett - Lifetime Withdrawal from Industry

Calgary, Alberta – On November 5, 2008, Warren Burnett, associate broker registered with Pace Properties Ltd. (formerly Buttco Properties Ltd.) in Calgary, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with section 54 of the Real Estate Act. At the time of his withdrawal application, there was an ongoing RECA conduct investigation. The allegations of misconduct included failure to act in the best interests of a client when he preferred the interests of others in a rental pool, failure to act in accordance with a client’s lawful instructions by refusing to provide a 24 hour notice to tenants for property entry and failure to provide all relevant information the client might use to facilitate the selling of his units.

Mr. Burnett’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership. By virtue of operation of the Real Estate Act, conduct proceedings are discontinued. Mr. Burnett’s withdrawal application does not constitute an admission of misconduct.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating industry professionals in the real estate, mortgage broker, and real estate appraisal industries under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.