Malik Ashraf - Lifetime Withdrawal from Industry

Calgary, Alberta – On November 4, 2009, Malik Ashraf, real estate associate currently unregistered and most recently registered with Threefour Management Ltd. o/a Re/Max Landan Real Estate, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with section 54 of the Real Estate Act (REA).

At the time of his application, Mr. Ashraf was the subject of conduct proceedings to determine whether he:

At the time of the withdrawal application approval, there had been no disciplinary hearing, admissions or findings of fact.

By virtue of operation of the Real Estate Act, Part Three conduct proceedings are discontinued. Mr. Ashraf’s application to withdraw was approved by RECA and results in a voluntary lifetime prohibition from industry membership.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating 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.