Amendments to Real Estate Act introduced

Calgary, Alberta – On March 20, 2007 amendments to the Real Estate Act were introduced in the Legislative Assembly by George Rogers, MLA for Leduc-Beaumont- Devon as Bill 24 - the Real Estate Amendment Act.

While the proposed changes will not directly affect the day to day business practices of industry members, they will significantly enhance the ability of the Real Estate Council of Alberta (RECA) to fulfill its mandate of consumer protection.

Bill 24 enhances the Real Estate Act in the following ways: