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Navigating a condominium purchase involves some different considerations compared to the purchase of a single-family home. Among other things, you need to consider your condominium...
As part of our ongoing commitment to strong financial stewardship and effective regulation, RECA will issue a fee credit of $250 this renewal period for...
RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates. This general summary includes the key...
Cyber fraud is a serious and growing threat, and the real estate industry is not immune. Cyber criminals use sophisticated techniques to hack into email...
Do you have a personal corporation that your commissions are paid into? If you do, you should be aware of Section 50(a) of the Real...
RECA investigates conduct which allegedly violates the Real Estate Act (the Act), and its Rules. Our licensees’ co-operation is critical to conducting effective investigations and...
The Real Estate Council of Alberta (RECA) is again warning property management brokerages about a fraudulent email that has been circulating to tenants. RECA originally warned about...
RECA’s Regulatory Compliance Advisors (RCAs) are here to answer questions to ensure you are practicing within the Rules. Here’s what we’re hearing lately. TRADING OUTSIDE...
As most licensees should be aware, radon is a colourless, odourless, and tasteless radioactive gas that naturally occurs from the decay of uranium in soil...
In November 2023, this summary was published to give RECA mortgage licensees a heads up that new federal legislation would soon apply to the mortgage...
In our July blog post and Regulator newsletter, we discussed the new FINTRAC obligations that would come into force this October. That time has come...
Alberta’s regulated real estate industries have experienced unprecedented growth over the last few years. This growth is due to an unforeseen increase of new licensees...
Bridge loans are a financial tool used in real estate transactions which offer short-term financing to bridge the gap between purchasing a new property and...
Alberta’s competitive real estate market has recently seen some consumers relying on pre-approvals to make offers without a financing condition. While this strategy can strengthen...
When a condominium management service agreement ends, it's crucial for the outgoing management to cooperate with the new management team. This ensures a smooth transition...
FINTRAC has now updated its guidance following regulatory amendments that came into force on October 11, 2024. We want to ensure all RECA mortgage licensees...
RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates. This general summary includes the key...
RECA has received questions regarding clarification on the delivery of documents interrupted by the Canada Post strike. While we do not have any specific rules...
FINTRAC has launched an informative video designed specifically for the mortgage sector. This video provides a comprehensive assistance tool to support your understanding of your...
Your voice matters! RECA is looking for licensed professionals like you to play a key role in shaping the future of your industry. This is...
The Real Estate Council of Alberta, the body tasked with licensing and regulating real estate industry professionals in Alberta, is advising the public that Justin...
As part of the Real Estate Council of Alberta’s (RECA) mandate to protect consumers and uphold professional standards, we’re advising the real estate industry and...
The Real Estate Council of Alberta, the body tasked with licensing and regulating real estate industry professionals in Alberta, is advising the public that Vipul...
As part of the Real Estate Council of Alberta’s (RECA) mandate to protect consumers and uphold industry standards, we are advising Albertans and the real...
RECA releases information to the media and the public when we have announcements, issue a consumer alert, suspend a licensee, or when licensees take a...
As a regulator, our staff are often asked to make difficult decisions. We know some people will not agree with the result of investigations, disciplinary...
Calgary, Alberta—Real Estate Council of Alberta (RECA) has cancelled the real estate brokerage licence of Heaps & Doyle Practice Solutions Inc., effective December 11, 2024....
Calgary, Alberta—A Hearing Panel of the Real Estate Council of Alberta (RECA) has permanently cancelled the real estate licence of Justin James Fraser, effective December...
Calgary, Alberta—on June 18, 2024, the Real Estate Council of Alberta (RECA) suspended the real estate associate licence of Eric Andrew Drinkwater under s.53 of...
As part of the Real Estate Council of Alberta (RECA) mandate to protect consumers and uphold industry standards, we are advising the public that Frank...
