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Alberta Real Estate Licensing Exam Practice · Question

What is the primary role of RECA's 'Industry Council'?

The Industry Council is responsible for establishing the regulatory framework, including rules and standards, for Alberta's real estate industry.

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Question: What is the primary role of RECA's 'Industry Council'?

Answer options: ✅ To set licensing standards and rules for the industry

  • To investigate complaints against real estate professionals
  • To market Alberta real estate to international buyers
  • To provide legal advice to consumers

Correct answer: To set licensing standards and rules for the industry

Explanation: The Industry Council is responsible for establishing the regulatory framework, including rules and standards, for Alberta's real estate industry.

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