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Brokerage Policies & Procedures Manual Assumptions The Real Estate Council of Alberta (RECAP) is providing this information as a template for brokers to consider when creating or updating their brokerages
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The real estate council of typically refers to the governing body that regulates real estate professionals and ensures they adhere to laws and ethical standards.
Real estate professionals such as agents, brokers, and property managers are required to file the real estate council forms with their respective governing bodies.
Real estate professionals can fill out the real estate council forms by providing accurate information about their transactions, clients, and any relevant disclosures.
The purpose of the real estate council forms is to ensure transparency and accountability in the real estate industry, protecting consumers and upholding professional standards.
Real estate professionals must report information such as their sales transactions, commissions earned, client names, and any potential conflicts of interest.
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