Lifetime Withdrawal from Industry
Calgary, Alberta—On March 17, 2022, the Mortgage Broker Industry Council of the Real Estate Council of Alberta (RECA) approved an application by Jane Doe under section 54 of the Real Estate Act to permanently withdraw their licence, effective immediately.
At the time of their application, Jane was the subject of an investigation under the Real Estate Act Rules. The issues under investigation regarding Jane were with respect to:
- multiple breaches of failure to enter into a written service agreement, contrary to s.73(1) of the Real Estate Act Rules
- providing incompetent service, contrary to s.41(b) of the Real Estate Act Rules
- failure to fulfil her fiduciary obligations, contrary to s.41(d) of the Real Estate Act Rules
- multiple breaches of accepting remuneration outside of her brokerage, contrary to s.70(1)(c) of the Real Estate Act Rules
The review into these matters is complete. No finding of conduct deserving of sanction or a referral to a hearing has been made by RECA’s Registrar on any of the issues under investigation.
At the time of Jane’s withdrawal application, and based on RECA’s investigation to date, the Industry Council is satisfied there is insufficient evidence of fraud or criminal activity, which would have forced the Industry Council to reject the withdrawal application.
Under the Real Estate Act, the approved withdrawal application results in Davidson’s lifetime prohibition as a licensee, effective immediately. It also results in the discontinuance of the aforementioned conduct proceedings.