{"id":2329,"date":"2022-06-05T18:31:10","date_gmt":"2022-06-05T18:31:10","guid":{"rendered":"https:\/\/robjohnstone.ca\/?p=2329"},"modified":"2023-09-06T19:15:29","modified_gmt":"2023-09-06T19:15:29","slug":"real-estate-council-of-alberta-imposed-administrative-penalties-on-realtors","status":"publish","type":"post","link":"https:\/\/robjohnstone.ca\/real-estate-council-of-alberta-imposed-administrative-penalties-on-realtors\/","title":{"rendered":"Real Estate Council of Alberta imposed Administrative Penalties on Realtors"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2329\" class=\"elementor elementor-2329\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4fa68167 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"4fa68167\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-370a35c\" data-id=\"370a35c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4666a323 elementor-widget elementor-widget-image\" data-id=\"4666a323\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 18-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"378\" src=\"https:\/\/robjohnstone.ca\/wp-content\/uploads\/2022\/06\/pexels-sora-shimazaki-5668882-1-1024x378.jpg\" class=\"attachment-large size-large wp-image-2335\" alt=\"\" srcset=\"https:\/\/robjohnstone.ca\/wp-content\/uploads\/2022\/06\/pexels-sora-shimazaki-5668882-1-1024x378.jpg 1024w, https:\/\/robjohnstone.ca\/wp-content\/uploads\/2022\/06\/pexels-sora-shimazaki-5668882-1-300x111.jpg 300w, https:\/\/robjohnstone.ca\/wp-content\/uploads\/2022\/06\/pexels-sora-shimazaki-5668882-1-768x284.jpg 768w, https:\/\/robjohnstone.ca\/wp-content\/uploads\/2022\/06\/pexels-sora-shimazaki-5668882-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-382bed0b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"382bed0b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1db1f240\" data-id=\"1db1f240\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-365ac792 elementor-widget elementor-widget-heading\" data-id=\"365ac792\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 18-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Real Estate Council of Alberta imposed Administrative Penalties on Realtors<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-515dddcc elementor-widget elementor-widget-heading\" data-id=\"515dddcc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Act s.41(a)<br>\nA real estate licensee must act honestly.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79a6cef1 elementor-widget elementor-widget-text-editor\" data-id=\"79a6cef1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 18-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Real estate associate registered at the time of conduct with 4 million.ca Inc. o\/a Estateview. Currently Grand Realty &amp; Management Ltd. o\/a Grand Realty.<\/p><ul><li>On September 25, 2020, John submitted a License Renewal Application<\/li><li>In this application, John falsely answered \u201cno\u201d on the question asking if they had been charged with a criminal offence<\/li><li>When submitting this application, John dishonestly declared that the information they provided in the application was true, complete, and accurate<\/li><li>On January 14, 2021, John submitted a License Transfer Application to change brokerages. In this application, John falsely answered \u201cno\u201d on the question asking if they had been charged with a criminal offence<\/li><li>When submitting this application, John dishonestly declared that the information they provided in the application was true, complete, and accurate<\/li><li>On September 16, 2021, John submitted a License Renewal Application<\/li><li>In this application, John dishonestly declared that they were in compliance with the requirements of Section 40 of the <i style=\"font-family: var(--global-body-font-family);\">Real Estate Act<\/i><\/li><li>When submitting this application, John dishonestly declared that the information they provided in the application was true, complete, and accurate<\/li><li>$3,000<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52500a66 elementor-widget elementor-widget-text-editor\" data-id=\"52500a66\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2 style= \"color:white;\" >Learning Opportunity:<\/h2>\nLicensees must act honestly at all times. Honesty means conduct that is truthful, trustworthy, and genuine. In this case, the licensee provided false information on multiple licence renewal applications with RECA. The licensee failed to immediately notify the registrar of a change in the information on their application. Failing to act honestly is serious and undermines public `confidence in the industry.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41fd4e38 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"41fd4e38\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 18-04-2024 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#0c0d0e;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-block-end:0;flex-grow:1;border-block-start:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider--element-align-start .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-start .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-start .elementor-divider__element{margin-inline-start:0}.elementor-widget-divider--element-align-end .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-end .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-end .elementor-divider__element{margin-inline-end:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-block-start:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-17f34d57 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17f34d57\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55fabb80\" data-id=\"55fabb80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3618ed04 elementor-widget elementor-widget-heading\" data-id=\"3618ed04\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Act Rules s.21:<br>\nA real estate licensee must immediately notify, in writing, the Registrar \nof any changes in the information provided in support of a license \napplication, or after that licence is issued.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dcb6b41 elementor-widget elementor-widget-text-editor\" data-id=\"5dcb6b41\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Real estate associate registered at the time of conduct with 4 million.ca Inc. o\/a Estateview. Currently Grand Realty &amp; Management Ltd. o\/a Grand Realty.<\/p><ul><li>On September 26, 2019, John submitted a License Renewal Application<\/li><li>In that application John represented they had not been charged with a criminal offence<\/li><li>On August 1, 2020, criminal code proceedings were commenced against John<\/li><li>John failed to immediately notify the registrar of a change in the information they provided in their September 26, 2019, licensing application<\/li><li>On September 25, 2020, John submitted a License Renewal Application<\/li><li>In that application John represented they had not been charged with a criminal offence<\/li><li>At that time, John had been charged with a criminal offence<\/li><li>John failed to immediately notify the registrar of a change in the information they provided in their September 25, 2020, licensing application.<\/li><li>On January 14, 2021, John submitted a License Transfer application to change brokerages<\/li><li>In that application John represented they had not been charged with a criminal offence<\/li><li>At that time, John had been charged with a criminal offence<\/li><li>John failed to immediately notify the registrar of a change in the information they provided in their January 14, 2021, licensing application<\/li><li>On September 16, 2021, you submitted a License Renewal Application<\/li><li>John declared that you complied with the requirements of Section 40 of the <i style=\"font-family: var(--global-body-font-family);\">Real Estate Act<\/i><\/li><li>At that time, John had been charged with a criminal offence<\/li><li>John failed to immediately notify the registrar of a change in the information they provided in their September 16, 2021, licensing application.<\/li><li>$1,500<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79ef9b9f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79ef9b9f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-35893bfc\" data-id=\"35893bfc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4330c555 elementor-widget elementor-widget-heading\" data-id=\"4330c555\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Act Rules s.40<br>\nLicensees must immediately notify, in writing, the Registrar.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-157aad54 elementor-widget elementor-widget-text-editor\" data-id=\"157aad54\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Real estate associate registered at the time of conduct with 4 million.ca Inc. o\/a Estateview. Currently Grand Realty &amp; Management Ltd. o\/a Grand Realty.<\/p><ul><li>John failed to immediately notify, in writing, the registrar<\/li><li>$1,000<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d39046f elementor-widget elementor-widget-text-editor\" data-id=\"d39046f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2 style=\"color: white;\">Learning Opportunity:<\/h2><p>Licensees must immediately notify the registrar in writing, when certain events occur (name change, discipline, criminal proceedings, etc.). to immediately notify the registrar of a change in the information. The licensee applied multiple times for a licence renewal application and each time provided false information on their application. The licensee failed to immediately notify the registrar of a change in the information on their application. Immediately is defined as \u201cwithout delay,\u201d and in the absence of extraordinary circumstances, written notification to the Registrar should occur not more than five (5) days after the event in question.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16d9a46b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"16d9a46b\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-efa35e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"efa35e0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-77e8c9dd\" data-id=\"77e8c9dd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13cd6ec1 elementor-widget elementor-widget-heading\" data-id=\"13cd6ec1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Act s.91(4)<br>\nA brokerage\u2019s accounting shall be filed with RECA no later than 3 months \nfrom the end of the brokerage\u2019s fiscal year.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1929008e elementor-widget elementor-widget-text-editor\" data-id=\"1929008e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Real Estate Broker registered with Montcalm Properties Ltd.<\/p><ul><li>John\u2019 brokerage fiscal year end was July 31, 2021<\/li><li>RECA sent numerous emails to both Johns\u2019 brokerage and personal email addresses reminding them that the required accounting forms must be filed by November 1, 2021<\/li><li>Each email reminder included clear instructions on what forms were required, a link to RECA\u2019s website that explained how to access the forms, and a warning that failure to complete the required forms by November 1, 2021, could result in an administrative penalty<\/li><li>To date, RECA has not received the brokerage accounting fiscal year end reports<\/li><li>$1,500<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6590641a elementor-widget elementor-widget-text-editor\" data-id=\"6590641a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2 style=\"color: white;\">Learning Opportunity:<\/h2><p>Brokerages provide accounting reports to RECA to ensure trust funds are being properly administered to protect the public and the integrity of the industry. A brokerage must file its accounting with RECA no later than three months after the end of the brokerage\u2019s fiscal year. In this case, the broker failed to file the forms by the deadline despite RECA sending numerous reminders.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bc1c3b1 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2bc1c3b1\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79b69944 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79b69944\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72c8a24d\" data-id=\"72c8a24d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c42135 elementor-widget elementor-widget-heading\" data-id=\"c42135\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Act s.41(d)<br>\nA real estate Licensee must fulfill their fiduciary obligations to their \nclients.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c345c79 elementor-widget elementor-widget-text-editor\" data-id=\"1c345c79\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Real estate associate registered with Charles Real Estate Inc. o\/a Charles<\/p><ul><li>On February 23, 2021, John listed a property<\/li><li>On May 21, 2021, an offer to purchase was accepted by John\u2019s client<\/li><li>The possession date listed in the agreement was July 6, 2021<\/li><li>The John\u2019s associate discussed a possession date change to July 2, 2021<\/li><li>John\u2019s client agreed to this change and believed the possession date had been changed<\/li><li>There was no amendment to the possession date in writing.<\/li><li>John did not explain to their client that the possession date remained July 6, 2021<\/li><li>The purchase contract allowed for a walkthrough to take place 24 hours prior to possession<\/li><li>The buyer\u2019s associate requested a walkthrough for July 2, 2021, as there had been a hailstorm and they wanted to assess the damage<\/li><li>John allowed the buyers and their associate to access the property<\/li><li>John failed to request permission from their client for an early walkthrough and failed to advise the seller the reason for access was to assess potential damage from the hailstorm<\/li><li>$1,500<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-720546bc elementor-widget elementor-widget-text-editor\" data-id=\"720546bc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2 style=\"color: white;\">Learning Opportunity:<\/h2><p>Licensees must always fulfill their fiduciary obligations to their clients. In the case, the licensee failed to request permission from their client for an early walkthrough and failed to advise their clients the reason for the early access was to assess potential damage from the hailstorm.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1241a19c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1241a19c\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5cfaf133 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5cfaf133\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b2282d2\" data-id=\"3b2282d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a0ffcf3 elementor-widget elementor-widget-heading\" data-id=\"a0ffcf3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Act s.41(d)<br>\nA real estate Licensee must fulfill their fiduciary obligations to their \nclients.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65c197f3 elementor-widget elementor-widget-text-editor\" data-id=\"65c197f3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Real estate associate registered with Charles Real Estate Inc. o\/a Charles<\/p><ul><li>On February 23, 2021, John listed a property<\/li><li>On May 21, 2021, an offer to purchase was accepted by John\u2019s client<\/li><li>The possession date listed in the agreement was July 6, 2021<\/li><li>The John\u2019s associate discussed a possession date change to July 2, 2021<\/li><li>John\u2019s client agreed to this change and believed the possession date had been changed<\/li><li>There was no amendment to the possession date in writing.<\/li><li>John did not explain to their client that the possession date remained July 6, 2021<\/li><li>The purchase contract allowed for a walkthrough to take place 24 hours prior to possession<\/li><li>The buyer\u2019s associate requested a walkthrough for July 2, 2021, as there had been a hailstorm and they wanted to assess the damage<\/li><li>John allowed the buyers and their associate to access the property<\/li><li>John failed to request permission from their client for an early walkthrough and failed to advise the seller the reason for access was to assess potential damage from the hailstorm<\/li><li>$1,500<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5b09c1 elementor-widget elementor-widget-text-editor\" data-id=\"f5b09c1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2 style=\"color: white;\">Learning Opportunity:<\/h2><p>Licensees must always fulfill their fiduciary obligations to their clients. In the case, the licensee failed to request permission from their client for an early walkthrough and failed to advise their clients the reason for the early access was to assess potential damage from the hailstorm.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60327af1 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"60327af1\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Real Estate Council of Alberta imposed Administrative Penalties on Realtors Real Estate Act s.41(a) A real estate licensee must act honestly. Real estate associate registered at the time of conduct with 4 million.ca Inc. o\/a Estateview. Currently Grand Realty &amp; Management Ltd. o\/a Grand Realty. On September 25, 2020, John submitted a License Renewal Application [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2363,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"ocean_post_layout":"full-width","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"on","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[17,10,26],"tags":[],"acf":{"banner_image":null},"_links":{"self":[{"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/posts\/2329"}],"collection":[{"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/comments?post=2329"}],"version-history":[{"count":8,"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/posts\/2329\/revisions"}],"predecessor-version":[{"id":2364,"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/posts\/2329\/revisions\/2364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/media\/2363"}],"wp:attachment":[{"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/media?parent=2329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/categories?post=2329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/robjohnstone.ca\/wp-json\/wp\/v2\/tags?post=2329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}