Suspensions (December 21 – February 17, 2022)
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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  (December 21 – February 17, 2022)
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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  (December 21 – February 17, 2022)
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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•…