Gregory Delaine - Lifetime Withdrawal from Industry
Calgary, Alberta - On February 4, 2009, Gregory Delaine, a former real estate associate most recently registered with D.J. Hay Enterprises 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, Mr. Delaine was the subject of an ongoing RECA conduct proceeding. The conduct issues related to the following:
- his provision of property management services without a licence
- his use of misleading property management agreements
- his mismanagement of trust money
- his potential receipt of commission or other remuneration other than through the brokerage
Mr. Delaine’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. Delaine’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 real estate, mortgage broker, and real estate appraisal professionals 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.