Licensing Requirements Under the Real Estate Act (REA)
Why Licensing Matters
A condominium manager cannot legally provide services in Alberta unless they hold an active RECA-issued license. Failing to maintain an up-to-date license can result in fines, disciplinary action, and suspension.
Key Licensing Requirements
1. Initial Licensing Requirements
Must complete the RECA-approved condominium management education program.
Must pass the Condominium Manager Licensing Exam.
Must meet the eligibility criteria set by RECA, including criminal record checks.
Example: A new manager completes the required training but fails to register with RECA. They cannot legally practice until their license is issued.
2. License Renewal Requirements
Licenses must be renewed annually before the expiration date set by RECA.
The manager must complete mandatory continuing education courses before renewal.
Failure to renew on time results in an inactive license, meaning the manager cannot legally operate.
Example: A condominium manager forgets to renew their license. Their brokerage removes them from active duties until they reinstate their license.
3. Regulatory Obligations from RECA
Managers must comply with RECA’s Code of Conduct and Ethics.
Must disclose any disciplinary actions or criminal charges to RECA.
Cannot misrepresent licensing status—working without a valid license is a legal violation.
Example: A manager who continues working after their license expires may face RECA disciplinary action and financial penalties.
Professional Competency Expectations from RECA
The Role of RECA in Professional Competency
RECA enforces competency standards to ensure that condominium managers uphold ethical and professional responsibilities.
Key Competency Expectations:
Act honestly and in good faith in dealings with condo boards and owners.
Disclose conflicts of interest as required under RECA’s Code of Conduct.
Comply with financial management rules, including trust account handling.
Example: A manager who fails to disclose financial ties to a vendor may face disciplinary action under RECA’s rules.
The Role of Continuing Education & Regulatory Updates
Why Continuing Education is Mandatory
RECA requires managers to complete mandatory courses each licensing cycle.
Courses cover new legal, financial, and industry changes.
Example: A new regulation requires managers to report insurance claims to the board within a set timeframe. A manager who fails to complete their continuing education may be unaware of this rule, leading to non-compliance.
Strategies to Stay Current with Licensing and Regulations
1. Monitor RECA Announcements
Regularly check RECA’s website and email updates for regulatory changes.
Follow RECA’s social media and newsletters for industry updates.
Example: RECA announces a new requirement for financial disclosure. Managers who stay informed can adjust their policies before enforcement begins.
2. Enroll in Continuing Education on Time
Register for mandatory RECA courses well before the deadline.
Keep proof of completion to ensure compliance.
Example: A manager delays registering for a mandatory course and misses their renewal deadline, resulting in an inactive license.
3. Join Professional Associations & Networking Groups
Membership in industry organizations like the The Association of Condominium Managers of Alberta (ACMA) can help managers stay informed.
Networking allows managers to learn from industry peers and stay ahead of trends.
Example: A manager attends a ACMA seminar on new legislation and adapts their management practices accordingly.
Practical Activity – Case Study on License Renewal Failure
Scenario:
A condominium manager has been working for five years but forgets to renew their license by the deadline. They continue working for two weeks without realizing their license is inactive.
Your Task:
Identify the legal consequences the manager might face under RECA regulations.
Outline a corrective action plan to reinstate their license.
Develop a strategy to ensure license renewal is never missed again.
