The Regulator newsletter is a quarterly publication for licensees, industry associations, the Government of Alberta, and all other interested stakeholders.
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Advice from your Mortgage Broker Practice Advisor, Gary Siegle Most real estate transactions have several different players at the table. Many mortgage professionals have existing relationships with third-party service providers,…
Remembering Lynn Allen Patrick It is with a heavy heart we announce that Lynn Patrick, former Council member of RECA, passed away in September. Lynn was a public member of…
Governance Review of RECA As you all know, Service Alberta released the KPMG Governance Review Report of the Real Estate Council of Alberta on July 5, 2019. As RECA reported…
Note: On August 7, 2019 the Minister of Service Alberta issued an Order to Council not to give effect to new bylaws, rules, policy, directives, directions or interpretations without first…
RECA has opened a consultation on proposed modifications to the Residential Measurement Standard (RMS). Background Earlier this year, RECA completed a consultation about the Consequences of the Current Methodology for…
RECA has opened a new consultation about proposed changes to the Real Estate Act Rules regarding mortgage broker standards of practice. The consultation is based on industry trends, emerging issues,…
The new report Money laundering is a global issue that recently caught our country’s sober attention. Last May, the B.C. government released a report about money laundering in real estate…
As the regulator of the real estate industry in Alberta, it is important that we keep industry professionals as up-to-date as possible on issues and decisions that impact professionals as…
