Brokers must notify RECA when certain brokerage information changes. These changes are called brokerage amendments.
In some cases, the broker completes/reports the amendment through myRECA, and in others, the broker must contact RECA directly at email@example.com. All amendments, whether completed/reported through myRECA or in writing, must be reported immediately and most require a fee of $50.
Review the tutorial for completing Brokerage Amendments through myRECA.
A broker might not be able to continue to perform their duties and responsibilities as a broker because:
The broker who is leaving the brokerage must provide:
If the broker is deceased, a director, officer, or shareholder of the corporation (if the brokerage is a corporation) or a partner of the partnership (if the brokerage is a partnership) may complete the Notice of Brokerage Amendment(s) form on behalf of the deceased broker.
The incoming broker must provide:
When a brokerage amends its registered corporate or trade name, the broker must provide:
If the new corporate or trade name includes a “.ca,” “.com” or other URL:
Before registering a corporate or trade name for the brokerage with Alberta Registries, we recommend you search existing brokerage names using the Find a Professional tool on RECA’s website. All brokerage names must be sufficiently distinct from any other existing brokerage name.
Note: RECA does not permit brokerages to trade in a name that could be potentially misleading. Review RECA’s Brokerage Trade Name Policy for more information.
If a brokerage amends the partnership, the broker must provide a letter summarizing the changes.
Depending on what has changed, RECA may require additional supporting documents:
1. A Notice of Brokerage Amendment(s) form.
2. A Brokerage Licence Application For Partnership Structure Amendment form.
3. A copy of the amended partnership agreement.
4. A copy of the proof of filing of the partnership amendment from Alberta Registries.
5. A new Continuing Guarantee and Broker Management Acknowledgement (real estate or mortgage), if the partnership structure change removes the partner that previously provided these.
6. Partnership Summary
If a brokerage amends or will amend the corporation’s Alberta registration/corporate access number, brokers need to contact RECA for further direction.