Search result for: RMS 

Articles:

  • Brokers Need to Include RMS Info in Practice Review Checklist

    by Kehinde Ige, Practice Review Manager By now, licensees should be aware that they must use the Residential Measurement Standard (RMS) when measuring residential properties....

  • Avoiding Payment Disputes: The Role of Terms of Trust in Outlining Payment Arrangements

    by Kyle Schaub, RECA Practice Review Manager As a property or condominium manager, one of the most frustrating aspects of the job can be dealing...

  • Have Your Say: RMS Consultation

    Did you hear? Council directed RECA to consult with stakeholders about: the potential consequences of the Residential Measurement Standard (RMS) for measuring semi-detached and attached...

  • Measured Responses: RMS FAQs

    Measured Responses is a new feature in the Regulator where we publish frequently asked questions about the Residential Measurement Standard. In this edition, we focus...

  • Privacy Policy & Terms of Use

    The Real Estate Council of Alberta adheres to a strict privacy policy. Read the overview of RECA’s Privacy Policy below or download RECA’s Privacy Policy,...

  • Forms & Agreements

    Buying and selling real estate can be a challenging for even experienced consumers. Each transaction presents important and often difficult decisions to be made. And...

  • Measured Responses: RMS FAQs

    Measured Responses is a new feature in the Regulator where we publish frequently asked questions about the Residential Measurement Standard (RMS). In this edition, we...

  • RMS Update: No Changes to Principle 4

    Consultation results are in—Principle 4 of the Residential Measurement Standard (RMS) is staying the same. Between November 2016 and February 2017, the Real Estate Council...

  • Navigating Bridge Loan Financing

    Bridge loans are a financial tool used in real estate transactions which offer short-term financing to bridge the gap between purchasing a new property and...

  • June 18, 2024 - Eric Drinkwater's Real Estate Licence Suspended

    Calgary, Alberta—on June 18, 2024, the Real Estate Council of Alberta (RECA) suspended the real estate associate licence of Eric Andrew Drinkwater under s.53 of...

  • What We're Hearing Lately

    RECA’s Regulatory Compliance Advisors (RCAs) are here to answer questions to ensure you are practicing within the Rules. Here’s what we’re hearing lately. TRADING OUTSIDE...

  • News Releases 2024

    RECA releases information to the media and the public when we have announcements, issue a consumer alert, suspend a licensee, or when licensees take a...

  • News Bytes: Real Estate Across the Country

    Interprovincial Licensing Did you know that throughout Canada, each province sets its own rules and guidelines when it comes to real estate regulation? This means all...

  • Mastering Communication in Condominium Management

    by Doug Dixon, RECA Regulatory Compliance Advisor, Condominium Managers For condominium managers, effective communication with the condominium board and the owners is arguably one of...

  • December 2023 - What's Happening at RECA

    RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates. This general summary includes the key...

  • Industry Council Election Results and Public Appointments

    RECA’s Industry Council elections ran from November 22-27, 2023, resulting in 3,620 voters (19.3% of eligible voters) electing nine licensees to the four Industry Councils....

  • The home seller refuses to provide a Real Property Report (RPR). What should I do?

    An RPR is an essential legal document prepared by an Alberta Land Surveyor that outlines the boundaries of the property and identifies any encroachments or...

  • Industry Council Nomination Period Now Open!

    In November, the terms of the current Industry Council Members will expire and elections to fill the three vacant licensee positions on each of RECA's...

  • Industry Updates and Course Changes

    RECA is committed to ensuring course providers have all relevant information to ensure their courses adequately educate prospective licensees on providing competent service to protect...

  • August 2023 - What’s Happening With RECA  

    RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates.    This general summary includes the key activities...

  • Communicating Effectively and Accurately Via Text Message 

    By James Porter, RECA Investigations Manager  In today's digital age, communication has become quicker and more convenient than ever, and we know RECA licensees often...

  • The Role of an Agent for a Private Lender 

    By Gary Siegle, RECA Regulatory Compliance Advisor, Mortgage  Mortgage brokers play a crucial role in facilitating transactions between borrowers and lenders. While the relationship between...

  • Improving the Residential Measurement Standard

    A message from Sano Stante, Chair of the Residential Real Estate Broker Industry Council  Since 2015, the Residential Measurement Standard (RMS) has allowed consumers to...

  • June 2023 - What's Happening With RECA

    What’s Happening With RECA RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates. This general...

  • February 2023 - What's Happening at RECA

    RECA’s modernized governance model consists of a Board of Directors and four Industry Councils representing each industry RECA regulates. To consolidate RECA’s governance updates, this...

  • Filing Fiscal Year-End Reports

    Let’s face it, filing your brokerage’s fiscal year-end taxes is a lot of work. And then, on top of your tax obligations, there are also...

  • Guaranteed Sales Agreements

    by Kristian Tzenov, RECA Regulatory Compliance Advisor, Real Estate Brokers In times of market change, you may represent clients who are not confident their property...

  • Trust Funds and Brokerage Fees

    by James Porter, RECA Investigations Manager It’s a broker’s responsibility to serve as the trustee for money held in trust for residentialproperty management or condominium...

  • January 13, 2023 - Tejinder Singh Gill - Real Estate Licence Suspended

    Calgary, Alberta — January 13, 2023, the Real Estate Council of Alberta (RECA) suspended the real estate associate licence of Tejinder Singh Gill under s.53...

  • News Releases 2023

    RECA releases information to the media and the public when we have announcements, issue a consumer alert, suspend a licensee, or when licensees take a...