The Regulator newsletter is a quarterly publication—available two weeks after every regular meeting of Council—for industry professionals, industry associations, the Government of Alberta, and all other interested stakeholders.
Or, select one of the recent articles below:
The Real Estate Council of Alberta (RECA) has recently received numerous inquiries regarding electronic record storage requirements. RECA requires that brokerages have a copy of their electronic files in Alberta.…
Every year, the brokerage renewal application in myRECA asks brokers about amendments they have yet to report to RECA. If they have amendments to report, their application stops there, which…
RECA Education Programs has been busy, with several new course rollouts in the coming weeks and months. Re-Licensing Education All real estate professionals must take the RE-REP 2019 course prior…
Two New Council Members RECA welcomes JT Dhoot and Tiago Lage to Council. JT Dhoot is the Founder and Principal of Omnis Valuations and Advisory Ltd. and a Partner of…
Other parts of this Regulator newsletter will provide updates on Council business, the approved budget, and plans for the year ahead. But I want to touch on something that’s extremely…
1. Council approved the 2018-2019 budget. The approved budget includes no increase to licensing fees for the 2018-2019 licensing year. 2. Council approved amended policies relating to Council finances, including…
RECA consultation on proposed amendments to the Real Estate Act Rules RECA is proposing amendments to the Real Estate Act Rules that would allow brokerages to deposit funds in a…
The Real Estate Act Exemption Regulation exempts builders and their employees from the requirement to hold a licence from RECA when selling the builder’s properties. This can lead to confusion…
