The Regulator newsletter is a quarterly publication for licensees, industry associations, the Government of Alberta, and all other interested stakeholders.
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It has now been a full year since the onboarding and first substantive meetings of the Board and Industry Councils under RECA’s modernized governance model. It’s been an incredibly busy,…
Summary of activities since November 2021 from Terry Engen, Chair As I’m writing this, we’re almost halfway through RECA’s fiscal year. In the time since my November update, the Commercial…
Summary of activities since November 2021 from Clarence Lee, Chair The culmination of 2021 and the first few months of 2022 have been a productive time for RECA and the…
Summary of activities since November 2021 from Don Newell, Chair This is my first Industry Council message to you since the hundreds of new Condominium Managers became initially licensed by…
Summary of activities since November 2021 from Sano Stante, Chair I want to begin my update by sincerely thanking all of the people and the organizations who have participated in…
The Real Estate Council of Alberta’s (RECA) fiscal year-end was September 30, 2021. RECA’s Annual Report and Audited Financial Statements for the 2020-2021 fiscal year are now available at reca.ca.…
by Gary Siegle, RECA Regulatory Compliance Advisor, Mortgage Brokers RECA has received an increase in inquiries regarding the use of holdbacks in real estate sales contracts. A holdback occurs in…
by Kristian Tzenov, RECA Regulatory Compliance Advisor, Real Estate Brokers RECA has heard about increased interest from out-of-province buyers, particularly from Ontario, in purchasing property in Alberta. Alberta has not…
