Alberta Real Estate Licensing Exam Practice · Question
Who is responsible for ensuring that all real estate professionals employed by a brokerage comply with the Real Estate Act and RECA Rules?
The broker of record for a brokerage holds ultimate responsibility for the compliance of all its licensees.
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Question: Who is responsible for ensuring that all real estate professionals employed by a brokerage comply with the Real Estate Act and RECA Rules?
Answer options:
- The Real Estate Council of Alberta (RECA) ✅ The brokerage owner/broker
- Each individual real estate professional
- The provincial government
Correct answer: The brokerage owner/broker
Explanation: The broker of record for a brokerage holds ultimate responsibility for the compliance of all its licensees.
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