In this issue read about new consultations for RMS and mortgage standards of practice, money laundering, practice tips, your renewal education requirements, and more…
Money laundering is a global issue that recently caught our country’s sober attention. Last May, the B.C. government released a report about money laundering in real estate which found that $47 billion was laundered across Canada last year.
As the regulator of the real estate industry in Alberta, it is important that we keep industry professionals as up-to-date as possible on issues and decisions that impact professionals as well as members of the public.
A reminder to industry professionals that the Residential Measurement Standard (RMS) applies to foreclosures.
Transferring brokerages can be an ordinary and natural step in an industry professional’s career.
All professionals practicing in the real estate industry must complete re-licensing education prior to renewing their licence in September.
Professionals practicing in mortgage and real estate appraisal have no mandatory courses this year.
Renewals will open Aug. 19 and Aug. 26, Brokerage Policies and Procedures Manual template available, new Mortgage re-licensing course for 2020, 2-months before the ad clarifications take effect, and RECA takes home ARELLO and CLEAR awards