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Regulatory ComplianceProvincial LicensingABMEDIUM

An Alberta real estate associate has not completed a re-licensing education program that the Industry Council has prescribed. Under the RECA Rules, what is the consequence for the licence at renewal time?

Correct Answer

C) The licence cannot be renewed, so it expires on September 30 and is terminated

Rule 23(1) requires a licensee to satisfy all applicable re-licensing education program requirements prescribed by the Industry Council in order to retain a licence, so the licence cannot be renewed until the education is done. A licence expires on September 30 following its issuance (Rule 25), and Rule 10(1) deems it terminated if it is not renewed before October 1.

Answer Options
A
The licence stays valid, and the associate receives a written warning
B
The licence is automatically suspended until the course is completed
C
The licence cannot be renewed, so it expires on September 30 and is terminated
D
The associate gets an extra 90 days after the renewal deadline to finish the course

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Key Terms

re-licensing educationRule 23licence renewalSeptember 30Rule 10
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