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The Insurance Act (the Act) requires that every business that acts as an insurance agent must hold a valid certificate of authority. The Act also...
By Gary Siegle, RECA Regulatory Compliance Advisor, Mortgage Brokers Brokers play a vital role in the real estate industry. Not only are you responsible for...
by James Porter, RECA Investigations Manager At the Real Estate Council of Alberta (RECA), we are here to both protect consumers and promote the integrity...
What’s Happening With RECA RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates. This general...
Calgary, Alberta – On March 14, 2023, the Residential Real Estate Broker Industry Council of the Real Estate Council of Alberta (RECA) approved an application...
by Doug Dixon, RECA Regulatory Compliance Advisor, Real Estate and Condominium Brokers Like all professions RECA regulates, the Real Estate Act Rules (the Rules) require...
by Kyle Schaub, RECA Practice Review Manager As a property or condominium manager, one of the most frustrating aspects of the job can be dealing...
by Kristian Tzenov, RECA Stakeholder Engagement Manager Recent incidents of fraudulent activity in Ontario where homes were sold without the homeowner’s knowledge, have been a...
As previously announced, the Residential Property Manager Industry Council has extended the deadline for condominium managers to complete their required course(s) to September 30, 2023. ...
Calgary, Alberta—on March 28, 2023, the Real Estate Council of Alberta (RECA) cancelled the real estate associate licence of Caren Sylvia Kelley. Kelley cannot reapply...
Calgary, Alberta – On March 14, 2023, the Residential Real Estate Broker Industry Council of the Real Estate Council of Alberta (RECA) approved an application...
Calgary, Alberta — The Real Estate Council of Alberta (RECA) is warning consumers about the activity of Gagandeep Singh, a former real estate and mortgage...
Based on broker feedback, we have made several enhancements to the myRECA system to improve user experience, enhance security, and save time for brokers. New...
This is a reminder that we need broker feedback on the current Real Estate Act Rules (Rules) as part of Phase 1 of the Rules...
RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates. To consolidate RECA’s governance updates, this...
RECA’s Discipline Publications Guidelines is a document that outlines when and how RECA publishes disciplinary decisions. These guidelines are set under section 55 of the...
Let’s face it, filing your brokerage’s fiscal year-end taxes is a lot of work. And then, on top of your tax obligations, there are also...
by Kristian Tzenov, RECA Regulatory Compliance Advisor, Real Estate Brokers In times of market change, you may represent clients who are not confident their property...
by Doug Dixon, RECA Regulatory Compliance Advisor, Real Estate & Condominium Brokers In real estate deals, the seller decides how they will evaluate offers, and...
by Gary Siegle, RECA Regulatory Compliance Advisor, Mortgage Brokers Mortgage brokers are no strangers to paperwork. Applications, supporting documents, disclosures, service agreements, banking confirmations—the list...
by James Porter, RECA Investigations Manager It’s a broker’s responsibility to serve as the trustee for money held in trust for residentialproperty management or condominium...
RECA’s Annual Report and Audited Financial Statements for the 2021-2022 fiscal year are now available for download. RECA encourages all licensees to read these thoroughly...
Calgary, Alberta — January 13, 2023, the Real Estate Council of Alberta (RECA) suspended the real estate associate licence of Tejinder Singh Gill under s.53...
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...
Please read the instructions below and complete all of the necessary forms in full (all forms posted below are in PDF format). Incomplete forms will...
Elan MacDonald, ICD.D I have had the honour of serving as Board Chair of the Real Estate Council of Alberta for the past two months....
by Kristian Tzenov, RECA Regulatory Compliance Advisor, Real Estate Brokers Real estate licensees may be finding it more difficult to attract new business over the...
by Kristian Tzenov, RECA Regulatory Compliance Advisor, Real Estate Brokers As most RECA licensees are aware, not all real estate professionals in Alberta can trade...
by Gary Siegle, RECA Regulatory Compliance Advisor, Mortgage Brokers To combat rising inflation, the Bank of Canada raised interest rates several times in 2022. Tighter...
by Doug Dixon, RECA Regulatory Compliance Advisor, Real Estate and Condominium Brokers with Kyle Schaub, RECA Practice Review Manager A practice review is a process RECA’s...