Alberta Real Estate Licensing Exam Practice · Question
If a designated official resigns, how long does the brokerage have to appoint a new designated official?
The Real Estate Act Rules require a brokerage to appoint a new designated official within 7 days of the previous one ceasing to act.
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Question: If a designated official resigns, how long does the brokerage have to appoint a new designated official?
Answer options: ✅ 7 days.
- 14 days.
- 30 days.
- 60 days.
Correct answer: 7 days.
Explanation: The Real Estate Act Rules require a brokerage to appoint a new designated official within 7 days of the previous one ceasing to act.
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