Svjetlana Cicko - Lifetime Withdrawal from Industry

Calgary, Alberta – On March 22, 2007, Svjetlana Cicko, who was formerly licensed as a real estate associate with Coldwell Banker Chinook Realty o/a Realty Executives Chinook City, applied to the Real Estate Council of Alberta (RECA) to withdraw from industry membership in accordance with section 54 of the Real Estate Act.  Ms. Cicko has received a permanent, lifetime ban from the industry as a consequence of withdrawing under section 54.

At the time of the withdrawal application, Ms. Cicko had not been trading in real estate in Alberta and was the subject of a RECA investigation.

As a result of the approval of Ms. Cicko’s application to withdraw from the industry, conduct proceedings have been discontinued.  Ms. Cicko’s withdrawal application does not constitute an admission of any misconduct.

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.