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Suspensions (December 21 – February 17, 2022)

Real Estate Act Rules s.41 A real estate licensee must provide competent service. Jane was most recently registered as a mortgage associate with MA Mortgage Architects Inc. O/A Mortgage Architects. On January 31, 2022, the Chair of the Mortgage Broker Industry Council of the Real Estate Council of Alberta (RECA) suspended the mortgage associate license…

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

Real Estate Act Rules s.41(b) A real estate licensee must provide competent service. 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…

administrative penalties
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Administrative Penalties (December 21 – February 17, 2022)

Real Estate Act s.17(a) & (b) s.17(a). No person shall deal as a real estate broker unless that person holds theappropriate authorization.s.17(b). No person shall deal as a mortgage broker unless that person holds theappropriate authorization. Not licensed • Instance 1 – $25,000• Instance 2 – $25,000• Instance 3 – $25,000• Instance 4 – $25,000•…