RECA Obtains Court Injunction Against Derek Johnson, aka John Davis
Calgary, Alberta – On December 11, 2014, the Real Estate Council of Alberta (RECA) obtained a Court of Queen’s Bench (Court) injunction against Derek Johnson, aka John Davis, ordering him to cease and desist trading in real estate and dealing in mortgages as defined by the Real Estate Act, and to pay $2,500 in costs.
In November 2014, Derek Johnson was the subject of a consumer alert issued by RECA. Johnson preys on home owners in vulnerable financial situations and acts as a real estate and mortgage broker without being licensed as either.
RECA has issued three administrative penalties to Johnson for unlicensed activity, with fines totaling $65,000.
Derek Johnson must comply with this Order or risk being found in contempt of court.
If you have concerns as a result of dealings with Derek Johnson, Free List Calgary, Joe Rhealestate, Partners in Success Mortgage Inc. or New Age Financing, please contact the Real Estate Council of Alberta toll-free at 1-888-425-2754.
The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for governing 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 professionals.