Recent Case Summaries

letters of reprimand
Letters of Reprimand Case Summaries

Letters of Reprimand (December 21 – February 17, 2022)

Mortgage Associate registered at the time of conduct with The Mortgage Alliance Company of Canada Inc. o/a Mortgage Alliance. Currently registered with 1170245 Alberta Inc. o/a Dominion Lending Centres Global Between August 2016 and July 2017, John was approached by three separate clients for their assistance in obtaining financing for three separate properties John’s clients…

administrative penalties
Administrative Penalties Case Summaries

Administrative Penalties (December 21 – February 17, 2022)

Not licensed • Instance 1 – $25,000• Instance 2 – $25,000• Instance 3 – $25,000• Instance 4 – $25,000• Instance 5 – $25,000• Instance 6 – $25,000 Total Fines: $150,000 On November 30, 2020, John’s license was suspended by order of the Administrator of the Real Estate Council of Alberta Between April–September 2021, John represented…

June 16 – July 21, 2021 Case Summaries

realtors need proper authorization
Case Summaries Administrative Penalties

No person shall trade in real estate unless that person has proper authorization (Real Estate Act s.17(a))

Real estate associate registered with Northern Lights Realty Ltd. o/a Royal Lepage Northern Lights Realty• In January 2020, John contacted a buyer client to arrange to show them a commercial property• John drove the buyer and their assistant to a commercial property• John contacted an agent via telephone in the property parking lot, which they…

case summaries
Case Summaries Administrative Penalties

Mortgage brokers must ensure the business of the brokerage is carried out competently (Real Estate Act Rules s.67(1)(e))

Mortgage broker registered at the time with 1318749 Alberta Ltd. o/a Dominion Lending Centres House, now called 1318749 Alberta Ltd. o/a Harman deep Arora Group Mortgage Alliance.• From July 1, 2019 to June 22, 2020, John’s mortgage brokerage failed to have insurance in place• John was the broker at the time• During the period of…

competent service
Case Summaries Administrative Penalties

Real estate licensees must provide competent service (Real Estate Act Rules s.41-b)

Real estate associate registered with Sterling Realty (Alberta) Ltd. o/a Sterling Real Estate• John was representing buyers interested in viewing a property • John’s brokerage adopted a brokerage policy that individuals present for showings must wear a mask• On March 29, 2021, John had permission to bring their buyer clients to view a property• The…

Hey!! To Facilitate the Readers, We have also classified Case Summaries on the basis of Administrative actions taken against certain individuals who were not complying with the Real Estate Rules and Regulations

Administrative Penalties

calgary new listings
Administrative Penalties

Unlicensed Activity

Unlicensed Activity Calgary, Alberta – The Real Estate Council of Alberta (RECA) is warning consumers against hiring John Doe who is not licensed to provide real estate and mortgage services in Calgary. John was formerly licensed with RECA, but his licenses were suspended by RECA on November 30, 2020, pending the result of an investigation into…

administrative penalties
Administrative Penalties Case Summaries

Administrative Penalties (December 21 – February 17, 2022)

Not licensed • Instance 1 – $25,000• Instance 2 – $25,000• Instance 3 – $25,000• Instance 4 – $25,000• Instance 5 – $25,000• Instance 6 – $25,000 Total Fines: $150,000 On November 30, 2020, John’s license was suspended by order of the Administrator of the Real Estate Council of Alberta Between April–September 2021, John represented…

Hearing Panel Decision

panel decision
Hearing Panel Decision Case Summaries

John William Wade – Hearing Panel Decision – Phase 2: Decision on Sanction and Costs

Real estate associate registered at the time of conduct with 4th Street Holdings Ltd. o/a Re/Max Real Estate (Central). Currently registered with Irealty Calgary Inc. o/a Re/Max IRealty Innovations. On August 11, 2021, a Hearing Panel concluded a Phase 2 hearing and made a decision on sanctions and costs after a Phase 1 hearing confirmed…

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