What's Happening With RECA - October 2024
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 of the Board and…
The Regulator newsletter is a quarterly publication for licensees, industry associations, the Government of Alberta, and all other interested stakeholders.
Or, select one of the recent articles below:
Browse the Regulator Archives
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 of the Board and…
FINTRAC has now updated its guidance following regulatory amendments that came into force on October 11, 2024. We want to ensure all RECA mortgage licensees are aware of their new…
When a condominium management service agreement ends, it's crucial for the outgoing management to cooperate with the new management team. This ensures a smooth transition and continued service quality for…
Alberta’s competitive real estate market has recently seen some consumers relying on pre-approvals to make offers without a financing condition. While this strategy can strengthen a buyer’s position in a…
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 selling an existing one. While…
Alberta’s regulated real estate industries have experienced unprecedented growth over the last few years. This growth is due to an unforeseen increase of new licensees and individuals moving from across…
In November 2023, this summary was published to give RECA mortgage licensees a heads up that new federal legislation would soon apply to the mortgage sector. Come this October, FINTRAC…
As most licensees should be aware, radon is a colourless, odourless, and tasteless radioactive gas that naturally occurs from the decay of uranium in soil and rock. Uranium occurs naturally…