An Alberta industry professional receives a complaint from RECA regarding their conduct in a transaction. Under the Real Estate Act, what are the possible outcomes of a RECA discipline hearing?
Correct Answer
B) RECA may impose sanctions including licence suspension or cancellation, fines, mandatory education, conditions on the licence, and costs
Under the Real Estate Act, RECA has broad disciplinary powers. Following a hearing, RECA may suspend or cancel a licence, impose fines, require additional education, attach conditions to a licence, require repayment of commissions, and order the professional to pay hearing costs. The severity depends on the nature of the misconduct.
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- → Under what circumstances can a real estate agent represent both parties in a transaction without written consent?
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