Real Estate Council of Alberta (RECA) has created a suite of Information Bulletins on topics of interest and importance to licensees.
Use the arrows in the column headings to sort alphabetically by title or by date.
A - Z |
Purpose | Related Legislation |
Date |
---|---|---|---|
Residential Measurement Standard (RMS) | This bulletin describes the Residential Measurement Standard (RMS) in Alberta, which licensed real estate professionals must use when measuring residential properties. |
|
2024 |
Condominium Management and Legislative Scope | Obligations of a condominium manager to follow all applicable legislation when providing condominium management services | Real Estate Act |
2022 |
Conflict of Interest Disclosure—Condominium Managers | Common types of conflicts of interest that can arise in condominium management | Real Estate Act Rules s.80.82(1)(d)(e)(f), (2), (3); 80.87(1)(c), (3); 80.89(1), (2) |
2022 |
Complaints—Condominium Management | Condominium related complaint issues and RECA's process for responding to complaints | Real Estate Act s.37, 38, 38.1, 39 |
2022 |
Unlawful Instructions from Chair or Condominium Board | Unlawful instructions by a condominium corporation Chair or board and how to respond | Real Estate Act Rules: s.80.84 (e) & (f), 80.88(b) & (h) |
2022 |
Financial Reporting to Condominium Corporations | Financial reporting requirements of condominium management brokerages to condominium corporations | Real Estate Act Rules s.110.23 |
2022 |
Managing Condominium Corporation Funds | Requirements that condominium managers must follow in handling and accounting for condominium corporation funds under their management | Real Estate Act Rules s.82–92 & 110.24–110.28 |
2022 |
Exemptions to Condominium Manager Licensing | When a licence is not required to provide condominium management services | Real Estate Act s.2(6) |
2022 |
Professional Ethics of Condominium Managers | The professional and ethical obligations a condominium manager has to condominium corporations under management and to their condominium manager brokerage | Real Estate Act Rules s.41, 42, 44, 80.84, 80.86, 80.87, 80.88, 80.89 |
2022 |
Termination of Service Agreement—Condominium Management | Service agreement termination requirements and the minimum steps that must be followed when a condominium management | Real Estate Act Rules s.110.29 |
2022 |
Service Agreements—Condominium Management | The minimum content required in a service agreement and issues that relate to a service agreement being in force | Real Estate Act Rules s.43, 80.82, 80.87, 80.89, 110.24 |
2022 |
Mortgage Brokerage - Acting as an Intermediary | Mortgage brokerage requirements when acting as an Intermediary | Real Estate Act Rules – section 41, s.43, s.44, s.65(c), s.71 |
2022 |
Access to Property | Sets out the responsibilities real estate professionals have when accessing property |
|
2022 |
Records - Mortgage Brokerage | This bulletin explains the Real Estate Act and Rules related to record maintenance requirements | Real Estate Act s.1(1) (aa), 25(1), 25(9), 38(4.1), 74 |
2022 |
Assistants - Condominium Management | The responsibilities condominium manager licensees have to supervise assistants and the tasks assistants may perform and not perform. |
| |
The Real Estate Act and Board Rules | Reviews the relationship between the Real Estate Act, the Real Estate Act Rules and real estate association and board rules including listing database rules. |
|
2021 |
Condition-free Offers | This bulletin explains a licensees responsibility to ensure their clients are fully informed before they make a condition-free offer. | • Real Estate Act Rules – section 41(b)(d) |
2021 |
Radon | This bulletin describes the practice standards with respect to the detection, disclosure, and remediation of radon gas when trading in real estate or providing property management services. |
|
2019 |
Brokerage - Occupational Health and Safety | This bulletin highlights the requirements brokerages must meet under Alberta’s Occupational Health and Safety Act. | - | 2019 |
Commissions-Payment from Trust | 2019 | ||
Brokers - Delegation | This bulletin explains when and how you may delegate, or assign, your responsibilities to another industry member. |
|
2018 |
Education Code of Conduct | This bulletin explains the conduct RECA expects of learners who enrol in third-party course providers. |
|
2018 |
Disclose Cost of Services | This bulletin explains why and when licensees must disclose to their clients how they will receive pay for their services. |
|
2018 |
Prohibition - Fraudulent or Unlawful Activity | This bulletin assists industry professionals to identify illegal and fraudulent activities and bring awareness to protect their integrity. |
|
2018 |
Responsibilities and Prohibitions - Real Estate Brokerage | This bulletin explains real estate brokerage responsibilities and prohibitions. |
|
2018 |
Delivery of Documents - Mortgage Brokerage | This bulletin explains the delivery of documents when you represent the lender. |
|
2018 |
Cost of Credit Disclosure - Mortgage Brokerage | To explain the cost of credit disclosure requirements and the responsibilities of mortgage broker professionals. |
|
2018 |
Comply with Legislation | To emphasize you must practice in accordance with the Real Estate Act, Regulations, Rules, Bylaws and any other laws that govern industry professionals. |
|
2018 |
Financial Hardship - Options and Obligations | This bulletin explains the obligations and options available when industry members and/or their businesses run into financial hardship. |
|
2018 |
Mortgage Brokerage - File Review and Commission Payment Processes by Franchisor | This bulletin explains the requirements when National Mortgage Broker Networks provide file review and commission payment services to Alberta mortgage brokerages. |
|
2018 |
Residential Measurement Standard (RMS) 2024 This bulletin describes the Residential Measurement Standard (RMS) in Alberta, which licensed real estate professionals must use when measuring residential properties.
|
Condominium Management and Legislative Scope 2022 Obligations of a condominium manager to follow all applicable legislation when providing condominium management services Real Estate Act |
Conflict of Interest Disclosure—Condominium Managers 2022 Common types of conflicts of interest that can arise in condominium management Real Estate Act Rules s.80.82(1)(d)(e)(f), (2), (3); 80.87(1)(c), (3); 80.89(1), (2) |
Complaints—Condominium Management 2022 Condominium related complaint issues and RECA's process for responding to complaints Real Estate Act s.37, 38, 38.1, 39 |
Unlawful Instructions from Chair or Condominium Board 2022 Unlawful instructions by a condominium corporation Chair or board and how to respond Real Estate Act Rules: s.80.84 (e) & (f), 80.88(b) & (h) |
Financial Reporting to Condominium Corporations 2022 Financial reporting requirements of condominium management brokerages to condominium corporations Real Estate Act Rules s.110.23 |
Managing Condominium Corporation Funds 2022 Requirements that condominium managers must follow in handling and accounting for condominium corporation funds under their management Real Estate Act Rules s.82–92 & 110.24–110.28 |
Exemptions to Condominium Manager Licensing 2022 When a licence is not required to provide condominium management services Real Estate Act s.2(6) |
Professional Ethics of Condominium Managers 2022 The professional and ethical obligations a condominium manager has to condominium corporations under management and to their condominium manager brokerage Real Estate Act Rules s.41, 42, 44, 80.84, 80.86, 80.87, 80.88, 80.89 |
Termination of Service Agreement—Condominium Management 2022 Service agreement termination requirements and the minimum steps that must be followed when a condominium management Real Estate Act Rules s.110.29 |
Service Agreements—Condominium Management 2022 The minimum content required in a service agreement and issues that relate to a service agreement being in force Real Estate Act Rules s.43, 80.82, 80.87, 80.89, 110.24 |
Mortgage Brokerage - Acting as an Intermediary 2022 Mortgage brokerage requirements when acting as an Intermediary Real Estate Act Rules – section 41, s.43, s.44, s.65(c), s.71 |
2022 Sets out the responsibilities real estate professionals have when accessing property
|
2022 This bulletin explains the Real Estate Act and Rules related to record maintenance requirements Real Estate Act s.1(1) (aa), 25(1), 25(9), 38(4.1), 74 |
Assistants - Condominium Management 2021 The responsibilities condominium manager licensees have to supervise assistants and the tasks assistants may perform and not perform.
|
The Real Estate Act and Board Rules 2021 Reviews the relationship between the Real Estate Act, the Real Estate Act Rules and real estate association and board rules including listing database rules.
|
2021 This bulletin explains a licensees responsibility to ensure their clients are fully informed before they make a condition-free offer. • Real Estate Act Rules – section 41(b)(d) |
2019 This bulletin describes the practice standards with respect to the detection, disclosure, and remediation of radon gas when trading in real estate or providing property management services.
|
Brokerage - Occupational Health and Safety 2019 This bulletin highlights the requirements brokerages must meet under Alberta’s Occupational Health and Safety Act. |
Commissions-Payment from Trust 2019 |
2018 This bulletin explains when and how you may delegate, or assign, your responsibilities to another industry member.
|
2018 This bulletin explains the conduct RECA expects of learners who enrol in third-party course providers.
|
2018 This bulletin explains why and when licensees must disclose to their clients how they will receive pay for their services.
|
Prohibition - Fraudulent or Unlawful Activity 2018 This bulletin assists industry professionals to identify illegal and fraudulent activities and bring awareness to protect their integrity.
|
Responsibilities and Prohibitions - Real Estate Brokerage 2018 This bulletin explains real estate brokerage responsibilities and prohibitions.
|
Delivery of Documents - Mortgage Brokerage 2018 This bulletin explains the delivery of documents when you represent the lender.
|
Cost of Credit Disclosure - Mortgage Brokerage 2018 To explain the cost of credit disclosure requirements and the responsibilities of mortgage broker professionals.
|
2018 To emphasize you must practice in accordance with the Real Estate Act, Regulations, Rules, Bylaws and any other laws that govern industry professionals.
|
Financial Hardship - Options and Obligations 2018 This bulletin explains the obligations and options available when industry members and/or their businesses run into financial hardship.
|
Mortgage Brokerage - File Review and Commission Payment Processes by Franchisor 2018 This bulletin explains the requirements when National Mortgage Broker Networks provide file review and commission payment services to Alberta mortgage brokerages.
|