Bill 15

Bill 15: The Real Estate Amendment Act 2019 has passed to address concerns about the performance of the Real Estate Council of Alberta (RECA).

A third party review, completed in late spring 2019, found significant concerns with council performance and identified the need for urgent governance reform.

This is the first time a formal review of the RECA has been conducted under the authority of the Real Estate Act since it was established in 1996. The amendments are supported by the recommendations of the review.

STATUS: PASSED