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The Real Estate Council of Alberta (RECA) regulates the real estate brokerage, mortgage brokerage, property management, and condo management industries in Alberta, Canada. RECA operates on behalf of the Government of Alberta under the authority of the Real Estate Act. [1]
The country has government statues, the Investment Canada Act, and Competition Act as well as the provincial laws in place throughout Canada's 10 provinces and 3 territories. [1] The buying and selling of property is normally done through a real estate agent who work on a financial commission and act as a broker between buyer and seller.
Canada is a nation heavily dependent on the real estate industry which accounted for roughly 14% of its GDP in 2020 [126] and over 20% in 2023. [127] There is a high risk that if investor sentiment changes, buyer demand may drop significantly, triggering a vicious cycle of prices declines that snowball . [ 128 ]
Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees ... paid to real estate agents. The jury ordered NAR and others to pay ...
The Alberta Real Estate Association (AREA) represents 10,000+ real estate brokers and associates who are members of Alberta's 10 real estate boards. History
Billionaire entrepreneur and top adviser to President-elect Donald Trump, Elon Musk, touted that he has reaped the benefits of a controversial class of weight-loss drugs, after fellow top Trump ...
R v Hughes (2009) 446 AR 351, (2009) 442 WAC 351 (also known as the Canadian Right to Food Trial) was a court case on the right to food in Calgary, Alberta, Canada. The initial court challenge that was the basis of the case started in March 2012. The decision was under appeal to the Alberta Court of Queen's Bench. The subsequent trial date was ...
Government of Canada, accessed Dec. 10, Reasons you may be inadmissible to Canada Government of Canada, accessed Dec. 10, Immigration and Refugee Protection Act (S.C. 2001, c. 27) Thank you for ...