Real Estate Council of Alberta

The Real Estate Council of Alberta is an independent non-government agency responsible for the regulation and licensing of Alberta's Real Estate Broker, Mortgage Broker, and Real Estate Appraisals industries, and for consumer protection. Through the authority of the "Real Estate Act of Alberta" [ [http://www.canlii.org/ab/laws/sta/r-5/index.html CanLII - Consolidated Statutes of Alberta - R.S.A. 2000, c. R-5 ] ] , Real Estate Council of Alberta sets and enforces standards of conduct and education requirements by the industry professionals in order to protect the consumer; provide services that enhance and improve the industry; promote the integrity of the industry. It's mandate is to create trust and consumer confidence in the industry professionals listed above.

Structure

The Real Estate Council of Alberta has 12 members that are responsible for making & enforcing the rules, that provide operating guidelines for industry members;

8 Members are real estate industry organizers;

1 member is a Mortgage Broker;

1 member is an Appraiser

2 members are from the public to represent consumer interests

Executive director

Real Estate Council's Chief Administrative Officer is responsible for ensuring self-regulatory responsibilities, which are assigned to the council, so that they are carried out effectively.

See also

Alberta Real Estate Association

External links

* http://www.reca.ca/

References