Real Canadian Property Management Elite - Real Estate Licence Suspended

Calgary, Alberta - On November 1, 2016, the executive director of the Real Estate Council of Alberta (RECA) suspended the real estate brokerage licence of Real Canadian Property Management Elite, operating in Fort McMurray and Medicine Hat.

RECA suspended Real Canadian Property Management Elite for failing to immediately fund a trust account shortage.

As a result of this suspension, Real Canadian Property Management Elite, and its broker Lorna MacNeil, may not trade in real estate, including providing property management services, in Alberta. The suspension will remain in effect until the executive director is satisfied all trust shortages have been funded.

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

NOTE: Real Canadian Property Management Elite is the trade name of MacNeil Realty Ltd.

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