Real Estate Act Ministerial Regulation

Interpretation

(1)  In this Regulation,
(a) " Act " means the Real Estate Act;
  (b) "Foundation" means the Alberta Real Estate Foundation;
  (c) "Fund" means the Real Estate Assurance Fund.
(1.1) In the Act and this Regulation, “property manager” means a real estate broker who is active in property management.

(2)  References in this Regulation to classes of industry members are to be taken to refer to the classes of industry members as established by rules made by the Council under section 12(h) of the Act , being

  (a) with respect to the trades undertaken by a real estate broker,
  (i) a brokerage,
(ii) a broker,
(iii) an associate broker, and
(iv)

an agent,

and
  (b) with respect to the dealings undertaken by a mortgage broker,
(i) a brokerage,
(ii) a broker,
(iii) an associate broker, and
(iv) an agent.

AR 113/96 s1;225/2002;124/2008

 

Continue with Ministerial Regulation Part 1 - Alberta Real Estate Foundation

Back to Table of Contents

 

home