Alberta · RECAReal Estate Council of Alberta

Alberta compliance, grounded in RECA's rules

RuleCheck covers the full scope of Alberta's real estate regulatory framework — from the Real Estate Act and RECA's Rules of Conduct to FINTRAC obligations and property management requirements.

Regulatory framework

What governs real estate in Alberta

Alberta real estate is regulated by RECA under the Real Estate Act. The Rules of Conduct set out the professional obligations of licensees, and FINTRAC requirements apply to all registrants.

Legislation

Real Estate Act

The primary statute governing real estate, mortgage brokerage, and property management in Alberta.

RECA Rules

Rules of Conduct

RECA's detailed professional conduct rules for all licensee categories — residential, commercial, and property management.

Federal

FINTRAC Requirements

Federal anti-money laundering and terrorist financing obligations that apply to all Alberta real estate registrants.

RECA Rules

Property Management Rules

Specific rules governing property managers, including trust accounting, disclosure, and client obligations.

Key compliance areas

What RuleCheck covers for Alberta

Representation and agency

Alberta's rules on buyer and seller representation, designated agency, common law agency, and the obligations that flow from each relationship.

  • Designated agency rules
  • Common law agency obligations
  • Buyer representation agreements
  • Disclosure of representation

Disclosure obligations

What must be disclosed, when, and to whom — including material latent defects, conflicts of interest, and remuneration disclosure.

  • Material latent defect disclosure
  • Conflict of interest disclosure
  • Remuneration and referral fee disclosure
  • Dual agency disclosure

FINTRAC compliance

Client identification, receipt-of-funds, third-party determination, and risk assessment obligations under FINTRAC for Alberta registrants.

  • Client identification records
  • Receipt-of-funds forms
  • Third-party determination
  • PEP and HIO checks
  • Risk assessment records

Trust accounting

Rules governing the handling of trust funds, deposit requirements, and trust account reconciliation for Alberta brokerages.

  • Trust fund handling rules
  • Deposit requirements
  • Trust account reconciliation
  • Brokerage obligations

Advertising rules

RECA's requirements for advertising — including team names, social media, and the use of designations and credentials.

  • Brokerage name requirements
  • Team advertising rules
  • Social media compliance
  • Designation and credential use

Property management

Specific obligations for property managers in Alberta, including management agreements, trust accounting, and owner reporting.

  • Property management agreements
  • Owner reporting obligations
  • Maintenance and repair rules
  • Tenant relations

Ask Alberta compliance questions in RuleCheck

Set your province to Alberta and get cited answers grounded in RECA's rules and the Real Estate Act.

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Agent's RuleCheck

Province-specific compliance guidance for real estate professionals in Alberta, Ontario, and British Columbia.

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Agent's RuleCheck provides educational compliance guidance only. It is not legal advice and does not replace your broker, brokerage policies, provincial regulator, legal counsel, or the source documents themselves. Confirm current legislation and seek professional advice where needed.

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