James Edward Radchenko – Lifetime Withdrawal From Industry

Calgary, Alberta – On May 4, 2011, James Edward Radchenko, real estate associate currently unregistered but most recently registered with Excellence Real Estate Edmonton Ltd. o/a Re/Max Excellence, 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. Radchenko was the subject of conduct proceedings to determine whether he had participated in unauthorized activity and trading outside of the brokerage with which he was registered. Mr. Radchenko was suspended on March 22, 2011 pursuant to s.38 (4.2) of the Real Estate Act for failing to cooperate with RECA investigations.

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. Radchenko’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.