An Alberta real estate agent discovers their brokerage is also the property manager for a building where they are showing units to buyers. What disclosure is required?

Option A: No disclosure required as it's a separate business function

This is incorrect because RECA regulations require disclosure of all potential conflicts, regardless of whether they involve separate business functions. The fact that property management is a different service doesn't eliminate the conflict of interest that arises when the same brokerage represents both the buyer and manages the property.

Option B: Verbal disclosure to the buyer is sufficient

Verbal disclosure alone is insufficient under RECA regulations. While verbal disclosure may supplement written disclosure, the regulations specifically require written documentation of conflicts of interest to ensure there's a clear record and the buyer has time to fully consider the implications of the brokerage's dual role.

Option D: The agent cannot show properties managed by their brokerage

This is incorrect because agents are not prohibited from showing properties managed by their brokerage. RECA allows such transactions provided proper written disclosure is made. Prohibition would unnecessarily restrict business opportunities when transparency can adequately protect consumer interests.