The Regulator newsletter is a quarterly publication for licensees, industry associations, the Government of Alberta, and all other interested stakeholders.
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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 activities of the Board and…
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 Estate Act Rules. This Rule…
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 disciplinary processes. We rely on…
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 NORMAL AREAS OF EXPERTISE A…
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 and rock. Uranium occurs naturally…
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 sector. Come this October, FINTRAC…
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 and individuals moving from across…
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 selling an existing one. While…
