As part of the Real Estate Council of Alberta (RECA) mandate to protect consumers and uphold industry standards, we are advising the public that Frank Paul Peresta (Peresta) cannot trade in real estate or provide property management services in Alberta, effective October 15, 2024.
Following a conduct hearing convened under s.43(1)(a) of the Real Estate Act, a Hearing Panel found Peresta’s actions deserving of sanction. This was based on the evidence presented and an agreement by Peresta regarding their conduct. Peresta was advised that their license would be cancelled effective October 15, 2024, and a written decision will be forthcoming. Once the written decision is available, it will be posted on the Decisions and Appeals webpage.
RECA publishes these decisions to protect consumers, ensure transparency, and provide education on the Real Estate Act standards of practice. RECA’s Find a Licensee tool allows anyone to search for a licensee (real estate, mortgage, property management and condominium management) and see if they are licensed and in good standing.
If you have any questions regarding this matter, please contact info@reca.ca.
