What education must a newly licensed BC trading services licensee complete during their first two-year licence term?
Correct Answer
A) Finish the Applied Practice Course, then Legal Update and Ethics before renewal
BCFSA requires trading services applicants to complete the early components of an Applied Practice Course before licensing and the remaining components within six months of being licensed. To renew, every licensee must complete one Legal Update course and one Ethics course during the two-year licence term; BCFSA no longer uses the former 'Professional Development Program' name.
Why This Is the Correct Answer
This answer is correct. The Applied Practice Course is completed around licensing, and one Legal Update and one Ethics course are required in every two-year licence term before renewal.
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A member of the public files a complaint with RECA against a licensed real estate professional. What is the typical process that follows?
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A RECA Hearing Panel finds that a licensee's conduct was conduct deserving of sanction. The licensee disagrees with the decision. Under Alberta's Real Estate Act, what appeal route is available?