What happens when a RECA-licensed professional changes brokerages in Alberta?
Correct Answer
C) They must notify RECA and transfer to the new brokerage, and cannot trade until registered there
When an Alberta real estate professional changes brokerages, they must notify RECA and complete the transfer process. During the transition, they cannot conduct trades until they are properly registered under the new brokerage. The previous brokerage must also notify RECA of the associate's departure.
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