Pritpal Kalkat - Lifetime Withdrawal from Industry
Calgary, Alberta - On July 7, 2010, Pritpal Kalkat, former associate, Mortgage Alliance Walk In Centre, 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.Kalkat was the subject of conduct proceedings to determine whether he
- created false documents for the purpose of obtaining mortgage financing by deceit [s.42(b) of the REA Rules].
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. Kalkat’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 real estate, mortgage broker, and real estate appraisal industry 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.