Calgary, Alberta — on November 20, 2023, the Real Estate Council of Alberta (RECA) cancelled the licence of Casurt Roy Morgan. Morgan cannot reapply for a licence for three years, until November 20, 2026
Under s.43(1)(a) of the Real Estate Act, if a Hearing Panel finds the conduct of a licensee is deserving of sanction, they may make an order cancelling any licence. Should Morgan choose to become licensed after the three years have passed, Morgan will be required to successfully complete all education requirements as if they had never been licensed. Morgan was also ordered to pay total fines of $30,000 and total costs of $15,620.
Morgan cannot deal in mortgages in Alberta at this time. If any consumer has transactions in progress or existing client relationships with Morgan, please contact Morgan’s mortgage brokerage Axiom Mortgage Solutions Inc. o/a Axiom Mortgage Solutions. RECA publishes these decisions to protect consumers, ensure transparency, and educate existing RECA licensees on the standards of practice.
Over the course of two transactions, Morgan was found by the Hearing Panel to have breached six counts of the following:
Real Estate Act Rules s.42
Licensee must not:
(b) participate in fraudulent or unlawful activities in connection with the provision of services or in any dealing
Morgan was last registered as a mortgage associate with Axiom Mortgage Solutions Inc. o/a Axiom Mortgage Solutions .
Please note a Notice of Intent to Appeal this Hearing Panel Decision has been filed. See the full details of the Hearing Panel Decision here.
